PPA overview

Contract model and parties

Model:

Virtual

Generator:

RENOVA, Inc.

株式会社レノバ

Offtaker:

Murata Manufacturing

株式会社村田製作所

Industry:

Precision Instrument

Capacity and generation

T&D area:

-

Technology:

Solar

Capacity:

115MW (DC)

Inverter:

60MW (AC)

Generation:

100GWh/year

Status and timeline

Status:

Partially live

Disclosed:

May 9, 2023

COD:

Gradually from 2023/11

Duration:

Undisclosed

Additional details

  • RENOVA’s wholly-owned subsidiary Daiichi Taiyoko Hatsuden G.K. will build new solar power plants to supply Non-FIT Non-Fossil Certificates to Murata Manufacturing at a fixed price
  • The generated power will be sold in the wholesale market
  • The first power plant was put into service in November 2023
  • This is RENOVA’s first virtual PPA

Image(s)

RENOVA, Inc.'s other PPAs

Murata Manufacturing's other PPAs

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