PPA overview

Contract model and parties

Model:

Physical (off-site)

Generator:

Gunma Prefecture

群馬県

Offtaker:

Multiple

複数

Industry:

-

Capacity and generation

T&D area:

Tokyo

Technology:

Hydro

Capacity:

-

Inverter:

-

Generation:

110GWh/year

Status and timeline

Status:

Live

*

Disclosed:

May 18, 2023

COD:

April 1, 2024

Duration:

3

* Presumed live based on the expected COD.

Additional details

  • 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

Image(s)

Gunma Prefecture's other PPAs

Multiple's other PPAs

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