PPA overview
Contract model and parties
Model:
Physical (off-site)
Generator:
Tokyu Corporation-Mitsubishi HC Capital JV
東急株式会社・三菱HCキャピタルエナジー株式会社SPC
Retailer:
Tokyu Power Supply Co., Ltd.
株式会社東急パワーサプライ
Offtaker:
Tokyu Corporation
東急株式会社
Industry:
Conglomerate
Capacity and generation
T&D area:
Tokyo
Technology:
Solar
Capacity:
20MW (DC)
Inverter:
-
Generation:
Status and timeline
Status:
Upcoming
Disclosed:
February 8, 2024
COD:
2024/04 - FY2025 (expected)
Duration:
Undisclosed
Additional details
- The special purpose entity (SPE) aims to develop solar power plants to help Tokyu Corporation achieve “self-production and self-consumption” of renewable power at railways, buildings, hotels, and other facilities
- The SPE was established by Tokyu Corporation and Mitsubishi HC Capital Energy in June 2023; the latter will develop the assets with the support of Mitsubishi HC Capital
