PPA overview

Contract model and parties

Model:

Virtual

Generator:

PHOTON CAPITAL K.K.

PHOTON CAPITAL合同会社

Offtaker:

Undisclosed

未公開

Industry:

-

Capacity and generation

T&D area:

Multiple

Technology:

Solar

Capacity:

20MW (DC)

Inverter:

-

Generation:

Status and timeline

Status:

Unknown

Disclosed:

July 5, 2024

COD:

Undisclosed

Duration:

Undisclosed

Additional details

  • PHOTON will develop seven high-voltage solar power plants on unused land in the Hokkaido, Tohoku, and Chugoku TSO areas and supply the generated renewable energy certificates to an undisclosed major Japanese manufacturer
  • J-Power will aggregate the power plants and be responsible for forecasting and balancing generation, and for selling the generated power
  • ORIX Bank will provide non-recourse financing for the project
  • The PPA is expected to lead to 16,000t per year CO2 emission reduction

PHOTON CAPITAL K.K.'s other PPAs

Undisclosed's other PPAs

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