PPA overview

Contract model and parties

Model:

Physical (off-site)

Generator:

JENEX Co., Ltd.

株式会社ジェネックス

Retailer:

Chubu Electric Power Miraiz

中部電力ミライズ株式会社

Offtaker:

Somic Ishikawa

株式会社ソミック石川

Industry:

Automotive

Capacity and generation

T&D area:

Chubu

Technology:

Solar

Capacity:

-

Inverter:

-

Generation:

Status and timeline

Status:

Live

*

Disclosed:

December 25, 2023

COD:

2024/03 (expected)

Duration:

Undisclosed

* Presumed live based on the expected COD.

Additional details

  • The power will be generated at “SOMIC Solar Power Mie Yokkaichi” solar power plant in Yokkaichi City, Mie Prefecture, and used for hot forging at Somic Ishikawa’s Tsurumi Factory in Hamamatsu City, Shizuoka Prefecture
  • The factory will also receive power through a hybrid off-site/on-site PPA using solar panels installed on its Toyooka Factory’s rooftop, which is expected to go live in February 2024
  • This is the first time for Somic Ishikawa to procure power using an offsite PPA with the power plant not being located on Somic’s land

JENEX Co., Ltd.'s other PPAs

Somic Ishikawa's other PPAs

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