PPA overview

Contract model and parties

Model:

Physical (off-site)

Generator:

TEPCO Renewable Power, Inc.

東京電力リニューアブルパワー株式会社

Retailer:

Hulic Property Solution Co., Ltd.

ヒューリックプロパティソリューション株式会社

Offtaker:

Hulic Co., Ltd.

ヒューリック株式会社

Industry:

Real Estate

Capacity and generation

T&D area:

Tokyo

Technology:

Hydro

Capacity:

6.6MW (DC)

Inverter:

-

Generation:

40GWh/year

Status and timeline

Status:

Upcoming

Disclosed:

March 31, 2025

COD:

04/2026

Duration:

Undisclosed

Additional details

  • TEPCO Renewable Power will supply power from its Shimofunato Power Plant in Tsunan Town, Niigata Prefecture, to Hulic-owned and managed properties
  • The PPA will cover over 10% of Hulic’s properties’ power consumption including that of its tenants
  • This is the first PPA with an offtaker outside the TEPCO Group for TEPCO Renewable Power

TEPCO Renewable Power, Inc.'s other PPAs

Hulic Co., Ltd.'s other PPAs

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