PPA overview

Contract model and parties

Model:

Virtual

Generator:

Rusutsu Wind LLC

留寿都ウインド合同会社

Offtaker:

Honda Motor Company

本田技研工業株式会社

Industry:

Automotive

Capacity and generation

T&D area:

Hokkaido

Technology:

Wind (Onshore)

Capacity:

63MW (DC)

Inverter:

-

Generation:

Status and timeline

Status:

Upcoming

Disclosed:

September 27, 2024

COD:

2025/09 (expected)

Duration:

Undisclosed

Additional details

  • Honda will purchase renewable energy certificates from Invenergy’s Rusutsu Wind Energy Center, as well as settle the difference between the wholesale and PPA prices with the power plant’s owner Rusutsu Wind LLC
  • It will continue to purchase actual power from its retailer while Rusutsu Wind will sell the generated power into the wholesale power market
  • The power plant, consisting of 15 4.2MW GE Vernova turbines, was commissioned in March 2024 and is estimated to contribute to an annual CO2 emission reduction of 64,000 tons

Image(s)

Rusutsu Wind LLC's other PPAs

Honda Motor Company's other PPAs

Monthly Report - The Japanese Power Industry Executive

Submit the form below to receive a sample issue of The Japan Power Industry Executive.