Hankyu signs off-site solar PPAs for 25MWAC to power railway operations, targets FY2026-FY2029 COD

April 28, 2026
Hankyu
Hankyu operates about 144km of railways in the Kansai area. (Image: Hankyu)

Hankyu Corporation signed Kansai Electric Power-sleeved off-site PPAs for 25MWAC of solar capacity expected to come online between FY2026 and FY2029, the companies announced on April 27, 2026.

According to the statement, the newly contracted portfolio combined with Hankyu’s existing 5MWAC off-site PPA launched in April 2025 are expected to generate 52GWh annually, equivalent to approximately 16.7% of the power consumed by the company’s railway operations. During peak mid-day generation, it is expected to cover up to about 60% of demand.

The 25MWAC includes 5MWAC of capacity owned by an undisclosed generator that will be aggregated by Marubeni Power Retail and 400 low-voltage solar plants totaling 20MWAC/40MWDC in the Kansai TSO area that will be developed primarily on abandoned farmland by Sun Trinity, a joint venture between Sumitomo Corporation and Shikoku Electric Power.

Driven by high power consumption, stable daytime load, and decarbonization efforts, railway companies are among the most active PPA offtakers in Japan. Kansai Electric Power has also signed PPAs with other operators in the region, including JR West, Hanshin Electric Railway, and Nankai Railway.

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