ENEOS Renewable Energy partnered with Green Energy Plus to develop 5MW of low-voltage solar power plants in the Chubu TSO area, the companies announced on June 4, 2025.
According to the statement, Green Energy Plus will develop and build 50 low-voltage solar power plants totaling 5MW and sell them to ENEOS Renewable Energy. The assets will be commissioned in phases and used to supply power under PPAs, with the last one expected to begin commercial operation before the end of 2026.
The tie-up follows similar collaborations between ENEOS Renewable Energy and H.E Energy, WAKO, and ALL Asset Partners, to develop power plants in Tohoku, Chugoku, and Shikoku TSO areas. It reflects a broader trend of traditionally utility-scale project operators turning to smaller, local developers to acquire portfolios of low-voltage and smaller high-voltage solar assets amid unavailability of land suitable for larger projects.
According to the Japan Energy Hub PPA database, ENEOS Renewable Energy signed multiple PPAs including an 18MW off-site deal with JR West and a 1MW virtual deal with Tokyo Metro.
Green Energy Plus is a wholly-owned subsidiary of Green Energy & Company, a publicly traded zero-emissions housing developer founded in 2009 that expanded into solar in 2012. In addition to offering turnkey power plant development, the company recently began offering battery storage engineering, procurement, and construction (EPC) services.
