Between May 18 and July 21, 2023, Gunma Prefecture solicited applications from Gunma-based offtakers interested in procuring power produced at the prefecture’s hydro power plants
The prefecture offered to sell the power to retailers for 15 yen per kWh plus tax
Out of 25 applications totaling 280,000,000kWh per year in consumption, nine applicants totaling 110,000kWh per year were selected
The selected applicants included CAINZ, Gunseisha, Shin-Etsu Chemical, NTT East Corporation, and five GN Group companies (GN Holdings, Gunma Nissan, Nissan Prince Gunma, GN Logi Partners, and Nissan Parts Gunma)
In the case of CAINS, 33 facilities including 29 stores and four logistics facilities will be supplied power
Power will be supplied for three years between April 1, 2024, and March 31, 2027
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Gunma Prefecture's other PPAs
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