PPA overview

Contract model and parties

Model:

Physical (on-site)

Generator:

Shizen Energy Inc.

自然電力株式会社

Offtaker:

Aisin Corporation

株式会社アイシン

Industry:

-

Capacity and generation

T&D area:

Chubu

Technology:

Solar

Capacity:

5.264MW (DC)

Inverter:

4.425MW (AC)

Generation:

Status and timeline

Status:

Live

*

Disclosed:

February 8, 2023

COD:

February 1, 2023 - 2023/04 (expected)

Duration:

20

* Presumed live based on the expected COD.

Additional details

  • Shizen Energy will develop standalone and rooftop solar power plants at four Aisin facilities in Japan (Nishio Factory, Ogawa Factory, Aisin Takaoka Headquarters/Shintoyo Factory, and selected buildings at the company’s headquarters):
    • Nishio Factory/Ogawa Factory: 3,444.82kW DC / 2,877.95kW AC rooftop solar power plant (entered into service on February 1, 2023)
    • Headquarters: 384.23kW DC / 338.25kW AC rooftop solar power plant
    • Aisin Takaoka Headquarters/Shintoyo Factory: 1,435.18kW DC / 1,208.3kW AC
  • The construction on the power plants started in November 2022
  • While this is Shizen Energy’s first PPA with Aisin in Japan, in 2020 and 2021, it signed 3.7MW worth of PPAs with Aisin Thai Automotive Casting in Thailand

Image(s)

Shizen Energy Inc.'s other PPAs

Aisin Corporation's other PPAs

Monthly Report - The Japanese Power Industry Executive

Submit the form below to receive a sample issue of The Japan Power Industry Executive.