PPA overview
Contract model and parties
Model:
Virtual
Generator:
Tokyu Land Corporation
東急不動産株式会社
Offtaker:
Konica Minolta, Inc.
コニカミノルタ株式会社
Industry:
Electrical Manufacturing
Capacity and generation
T&D area:
Chubu
Technology:
Solar
Capacity:
-
Inverter:
-
Generation:
Status and timeline
Status:
Upcoming
Disclosed:
February 18, 2025
COD:
2025/04 (expected)
Duration:
20
Additional details
- Tokyu Land will build a 9.52MW rooftop power plant at Logiport Nagoya, a multi-tenant logistics facility the company developed and partially owns in Nagoya City, Aichi Prefecture
- The power from the “Reene Logiport Nagoya Solar Power Plant” will be used on site with excess power being used for the PPA
- Rather than being structured as a CfD, Tokyu Land will sell the generated non-fossil certificates to Konica Minolta at a fixed price and use the FIP scheme; Tokyu Land’ subsidiary Reene will aggregate the power plant
