Gogin Energy partnered with Clean Energy Connect to offer off-site PPAs to businesses and governments in the Sanin region comprising Shimane and Tottori Prefectures, the companies announced on April 27, 2026.
According to the statement, the service will be offered, among others, to customers of Gogin Energy’s parent company, The San-in Godo Bank. The bank’s energy subsidiary will invest in small-scale power plants developed by Clean Energy Connect. The low-voltage solar developer will also support the overall operation of the PPAs, including billing and coordination with stakeholders.
As the first project under the initiative, Gogin Energy invested in 11 solar power plants in the Sanin and Sanyo regions totaling about 1MW and began supplying their output to 30 branches of The San-in Godo Bank on April 1, 2026. The assets are expected to generate about 920MWh annually. Local Energy and Tottori Shimin Denryoku serve as the power retailers sleeving the delivery.
The tie-up follows a similar arrangement between Clean Energy Connect and Chugin Energy, which was also launched with an intra-group PPA delivering power to the latter’s parent The Chugoku Bank. It comes as some regional banks are exploring new business models that allow them to deploy capital into renewables amid the ongoing phase-out of the feed-in-tariff (FIT) scheme.
Gogin Energy has so far focused primarily on on-site PPAs, but it has also signed a separate 1MW off-site solar PPA with its parent company, sleeved by Chugoku Electric Power. The bank’s energy unit also expanded into grid-scale battery storage in 2025 with the completion of a 2MW/8.1MWh project in Tottori Prefecture.
