PPA overview
Contract model and parties
Model:
Physical (off-site)
Generator:
Multiple
複数
Retailer:
PowerX, Inc.
株式会社パワーエックス
Offtaker:
MUFJ Bank, Ltd.
株式会社三菱UFJ銀行
Industry:
Financial
Capacity and generation
T&D area:
Tokyo
Technology:
Multiple
Capacity:
-
Inverter:
-
Generation:
4.7GWh/year
Status and timeline
Status:
Live
*
Disclosed:
January 29, 2024
COD:
2024/07 (expected)
Duration:
Undisclosed
* Presumed live based on the expected COD.
Additional details
- PowerX will supply power to the Mitsubishi UFJ Bank Shiba Building in Tokyo with power procured from solar, biomass, and wind power plants, as well as from the wholesale market
- The power procured directly from renewable power plants is expected to account for approximately 75% of the building’s annual consumption
- PowerX uses battery storage facilities to store solar power and deliver it at night
