PPA overview

Contract model and parties

Model:

Virtual

Generator:

Clean Energy Connect, Inc.

株式会社クリーンエナジーコネクト

Offtaker:

Nippon Thompson

日本トムソン株式会社

Industry:

Machinery

Capacity and generation

T&D area:

Multiple

Technology:

Solar

Capacity:

-

Inverter:

-

Generation:

0.84GWh/year

Status and timeline

Status:

Live

Disclosed:

May 30, 2023

COD:

2024/02

Duration:

Undisclosed

Additional details

  • As part of the virtual PPA, Clean Energy Connect started supplying Non-FIT Non-Fossil Certificates to Nippon Thompson in February 2024
  • To do so, Clean Energy Connect built nine low-voltage solar power plants, some of which are still waiting for their grid connection to be approved
  • The virtual PPA will make 100% of power consumption at Nippon Thompson’s sales offices around the country renewable and excess power will be used at its manufacturing facility in Gifu Prefecture
  • Clean Energy Connect will sell the generated power in the wholesale market while Nippon Thompson will procure its power from a retailer
  • This is the first virtual PPA in Japan’s bearing industry

Clean Energy Connect, Inc.'s other PPAs

Nippon Thompson's other PPAs

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