PPA overview

Contract model and parties

Model:

Virtual

Generator:

Shizen Energy Inc.

自然電力株式会社

Offtaker:

Microsoft Japan Co., Ltd.

日本マイクロソフト株式会社

Industry:

Information Technology

Capacity and generation

T&D area:

Chubu

Technology:

Solar

Capacity:

31MW (DC)

Inverter:

25MW (AC)

Generation:

37GWh/year

Status and timeline

Status:

Live

Disclosed:

October 13, 2023

COD:

February 2024

Duration:

20

Additional details

  • Shizen Energy built a new solar power plant on unused farmland in Inuyama City, Aichi Prefecture, and sells the generated renewable energy credits to Microsoft
  • The generated power is sold in the wholesale market with Toshiba Energy Systems & Solutions as an aggregator
  • The financing was arranged by Societe Generale and the power plant is majority-owned by Caisse de dépôt et placement du Québec
  • The power plant uses JA Solar panels and Huawei inverters
  • This is the first PPA signed by Microsoft in Japan

Image(s)

Shizen Energy Inc.'s other PPAs

Microsoft Japan Co., Ltd.'s other PPAs

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