PPA overview

Contract model and parties

Model:

Virtual

Generator:

Advance Corporation

株式会社アドバンス

Retailer:

TEPCO Energy Partner

東京電力エナジーパートナー株式会社

Offtaker:

Sumitomo Mitsui Banking Corporation

株式会社三井住友銀行

Industry:

Financial

Capacity and generation

T&D area:

Tokyo

Technology:

Solar

Capacity:

4.9MW (DC)

Inverter:

-

Generation:

5.2GWh/year

Status and timeline

Status:

Live

Disclosed:

June 1, 2022

COD:

2023/02

Duration:

20

Additional details

  • Advance will build two solar power plants in Ibaraki Prefecture as part of this PPA
  • While it was announced as an offsite PPA, it is more akin to a virtual PPA with the power not being delivered directly to Sumitomo Mitsui and instead only the renewable energy certificates from the power plant being sold

Advance Corporation's other PPAs

Sumitomo Mitsui Banking Corporation's other PPAs

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