PPA overview

Contract model and parties

Model:

Physical (off-site)

Generator:

RENOVA, Inc.

株式会社レノバ

Offtaker:

Tokyo Gas Co., Ltd.

東京ガス株式会社

Industry:

Electricity, Gas

Capacity and generation

T&D area:

Chubu

Technology:

Solar

Capacity:

13MW (DC)

Inverter:

-

Generation:

Status and timeline

Status:

Live

*

Disclosed:

August 3, 2022

COD:

2023/01 - 2024/03

Duration:

20

* Presumed live based on the expected COD.

Additional details

  • RENOVA’s wholly-owned subsidiary Daiichi Taiyoko Hatsuden G.K. will build new solar power plants to supply power to Tokyo Gas at a fixed price
  • As of the end of January 2023, four of the PPA’s power plants totaling 375 kW were in service
  • The first power plant was inaugurated in Yokkaichi City, Mie Prefecture, and by the end of the month additional three power plants were put into service in Yokkaichi and Nabari City, Mie Prefecture
  • This is RENOVA’s first physical corporate PPA

Image(s)

RENOVA, Inc.'s other PPAs

Tokyo Gas Co., Ltd.'s other PPAs

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