PPA overview

Contract model and parties

Model:

Physical (off-site)

Generator:

UPDATER Inc.

株式会社UPDATER

Retailer:

UPDATER Inc.

株式会社UPDATER

Offtaker:

Sumitomo Mitsui Trust General Service

三井住友トラスト総合サービス株式会社

Industry:

Real Estate

Capacity and generation

T&D area:

Kansai

Technology:

Solar

Capacity:

0.853MW (DC)

Inverter:

0.625MW (AC)

Generation:

1.015GWh/year

Status and timeline

Status:

Live

*

Disclosed:

October 29, 2021

COD:

2022/03 (expected)

Duration:

Undisclosed

* Presumed live based on the expected COD.

Additional details

  • Minna Power built a power plant in Nara Prefecture and is delivering the power to two Sumitomo Mitsui Trust Bank branches in Kyoto and Hyogo Prefectures
  • The power is expected to account for about 40% of the two branches’ consumption
  • The project was selected as one of the Ministry of Environment’s “R3 Solar Off-site Corporate PPA Model” demonstration projects

UPDATER Inc.'s other PPAs

Sumitomo Mitsui Trust General Service's other PPAs

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