
ENEOS Renewable Energy and Hiroshima-based companies WAKO and ALL Asset Partners will work together to develop 88 high-voltage solar power plants with a combined output capacity of 49MW in the Chugoku and Shikoku TSO areas, the companies announced on June 27, 2024.
WAKO will be responsible for developing and constructing the power plants, which will be transferred to ENEOS Renewable Power after obtaining feed-in-premium (FIP) certification. ALL Asset Partners will provide O&M (operation and maintenance) services for the power plants.
The construction and development is expected to be done gradually between 2024 and 2026, with all 88 power plants commissioning by 2027. ENEOS Renewable Energy expects to supply the power generated at the power plants directly to consumers through offsite PPAs.
ENEOS Renewable Energy has been involved in the operation or construction of 110 solar, wind, and biomass power plants in Japan and is involved in the development of multiple offshore wind projects. While the company has not disclosed any corporate PPAs in Chugoku and Shikoku yet, the Japan Energy Hub CPPA database shows that the company signed an 18MW-deal with JR West to power a portion of the Sanyo Shinkansen bullet train.
WAKO has been involved in the operation or construction of 240 power plants totaling 101MW, primarily in the Chugoku and Shikoku areas. ALL Asset Partners provides O&M services to 205 power plants totaling 81MW in the Chugoku area.
With land suitable for the development of large-scale project being in short supply in Japan, increasingly more capacity is being secured through projects consisting of portfolios of smaller assets.