PPA overview
Contract model and parties
Model:
Physical (hybrid on-/off-site)
Generator:
Sustech, Inc.
株式会社Sustech
Offtaker:
Nitori Holdings
株式会社ニトリホールディングス
Industry:
Retail
Capacity and generation
T&D area:
-
Technology:
Solar
Capacity:
80MW (DC)
Inverter:
-
Generation:
100GWh/year
Status and timeline
Status:
Partially live
*
Disclosed:
July 8, 2022
COD:
By FY2030 (expected)
Duration:
20
* Presumed live based on the expected COD.
Additional details
- Sustech will develop and install new solar power plants on Nitori store and distribution warehouse rooftops and sell the generated power to Nitori at a fixed price
- The PPA is expected to be rolled out at 27 stores and 3 warehouses by the end of 2023 and at 180 stores and warehouses by FY2030
- The project will use the FIP scheme and excess power will be sold using the Sustech-developed platform ELIC
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