PPA overview

Contract model and parties

Model:

Physical (off-site)

Generator:

Undisclosed

未公開

Retailer:

The Kansai Electric Power Co., Inc.

関西電力株式会社

Offtaker:

Sumitomo Life Insurance Co., Ltd.

住友生命保険相互会社

Industry:

Insurance

Capacity and generation

T&D area:

Kansai

Technology:

Solar

Capacity:

-

Inverter:

-

Generation:

Status and timeline

Status:

Live

Disclosed:

January 12, 2024

COD:

2024/03 (expected)

Duration:

Undisclosed

Additional details

  • A special purpose company created by Kansai EPCO will develop new solar power plant(s) and supply the generated power to Sumitomo Life Insurance’s headquarters and other facilities
  • While the power plant details have not been disclosed, the PPA is expected to cover approximately 20% of the headquarters’s consumption
  • Sumitomo Life Insurance will also purchase additional renewable energy certificates to make 100% of power consumption at the headquarters renewable

Undisclosed's other PPAs

Sumitomo Life Insurance Co., Ltd.'s other PPAs

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