PPA overview
Contract model and parties
Model:
Physical (off-site)
Generator:
Vena Energy Japan Co. Ltd.
ヴィーナ・エナジー・ジャパン株式会社
Offtaker:
Mitsubishi Corporation Clean Energy Ltd.
三菱商事クリーンエナジー株式会社
Industry:
-
Capacity and generation
T&D area:
Kansai
Technology:
Solar
Capacity:
31.65MW (DC)
Inverter:
23MW (AC)
Generation:
Status and timeline
Status:
Live
Disclosed:
May 15, 2024
COD:
2025/01
Duration:
Undisclosed
Additional details
- Mitsubishi Corporation Clean Energy will purchase power from Vena Energy Japan’s Maibara Solar Power Plant that is currently under construction in Maibara City, Shiga Prefecture
- Vena Energy secured approximately 5.3 billion yen green loan from The Bank of Fukuoka on June 28, 2024; Baker & McKenzie (led by Tokyo partner Kosuke Suzuki) advised the bank
