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:

Nomura Real Estate Development Co., Ltd.

野村不動産株式会社

Industry:

Real Estate

Capacity and generation

T&D area:

Tokyo

Technology:

Multiple

Capacity:

-

Inverter:

-

Generation:

11GWh/year

Status and timeline

Status:

Live

*

Disclosed:

May 13, 2024

COD:

2024/08 (expected)

Duration:

Undisclosed

* Presumed live based on the expected COD.

Additional details

  • PowerX will supply two Nomura Real Estate buildings (Nomura Real Estate Shiba-Daimon Building and Nihombashi Muromachi Nomura Building) with power sourced directly from a mix of solar, biomass, wind, etc. power plants, as well as with power sourced from the wholesale market
  • The directly sourced power is expected to account for approximately 80% of the two buildings’ 11GWh annual consumption, with the power sourced from the wholesale market accounting for the remaining 20%
  • PowerX will use co-located battery storage to supply solar power to the buildings at night

Multiple's other PPAs

Nomura Real Estate Development Co., Ltd.'s other PPAs

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