Enviva Partners, a global renewable energy company specialising in sustainable wood bioenergy, and Tokyo-based utility Electric Power Development Corporation Limited (J-Power) have signed an MoU for the long-term, large-scale supply of sustainable wood biomass from Enviva’s manufacturing facilities in the US to J- Power’s coal-fired power plants in Japan.
Read More
In the same way with the 2019 report, the analysis is based on cost information obtained from solar PV power plant operators on investment and operation and maintenance costs and looks again at the current cost structure of solar PV in order to analyze the current status of solar PV generation costs in Japan.
Read More
Eneos Holdings Inc, Japan’s largest refiner, plans to buy Japan Renewable Energy for $1.8 billion to expand its low-carbon business, joining a growing list of major global corporations shifting away from climate-altering fossil fuels. Eneos will purchase Japan Renewable Energy from Goldman Sachs and Singaporean sovereign wealth fund GIC in order to achieve net-zero emissions by 2040.
Read More
SSE Renewables plans to form a joint ownership company with Pacifico Energy, a Japanese renewable energy developer. As per their agreement, this company will pursue offshore wind energy development in Japan. SSE Renewables acquired an 80 per cent stake in an offshore wind development platform from Pacifico Energy to form this joint venture.
Read More
Amazon has signed a long-term corporate power purchase agreement (corporate PPA) with Mitsubishi Corporation (MC), marking Amazon’s first use of renewable energy in Japan. This corporate PPA has been facilitated by MC Retail Energy Co., Ltd., under which it will provide electricity to Amazon subsidiary Amazon Web Services (AWS), Inc.’s data centres.
Read More
Australia CO2-free Hydrogen Supply Chain in Queensland. A memorandum of understanding has been signed to conduct a study on a potential business collaboration for the development of a CO2-free hydrogen supply chain between Japan and Australia.
Read More
Japan’s ENEOS and France’s Neoen have agreed to collaborate on the development of a CO2-free hydrogen supply chain in Australia’s South Australia state, with the goal of transporting hydrogen in the form of methylcyclohexane (MCH) to Japan.
Read More
Marubeni Corp, a Japanese industrial conglomerate, has inked an agreement with Australian investor Providence Asset Group to construct 30 community-based solar farms that would combine battery and hydrogen storage. The PV plants will be constructed in Victoria and New South Wales by Australian sustainable energy investor Providence Asset Group.
Read More
Vestas has been awarded a contract for supplying turbines to the 113 MW Sumita Tono Wind Farm in Japan. The site for the project is located in difficult hilly terrain in the Iwate prefecture.
Read More
Etrion Corporation, which is a solar independent power producer, has completed the sale of its stake in the 13.2 MW Komatsu, 24.7 MW Shizukuishi and 9.3 MW Mito solar projects which are currently operational. The sale has been made to a consortium established by Development Bank of Japan, Kansai Electric Power, and Osaka Gas Co., Ltd. for a value of JPY 8.252 billion, which is equivalent to about $74.8 million.
Read More
Eisai Co., Ltd. has pledged to reduce greenhouse gas (GHG) emissions with an aim to achieve carbon neutrality. Its medium-term target is to achieve 100 per cent renewable energy usage by 2030. Its long-term goal is to achieve carbon neutrality by 2040.
Read More
The fast-approaching Climate Summit hosted by President Biden offers a tremendous opportunity for some of the world’s biggest contributors to climate change to up their game, raise their climate commitment—and join the “50 Percent Club.” That is a group of countries committing to cut their emissions by at least half by 2030 on a path to net zero emissions no later than 2050. The U.S., Japan, Canada, and South Korea are poised for such a bold move…
Read More
Renewable Japan Co Ltd announced that a green development fund of JPY 10.15 billion was raised for its solar power generation business. The amount, which is equivalent of about $92.42 million will be used to develop a 25.76 MW solar project in the Japanese city of Minamikyushu in the Kagoshima prefecture.
Read More
Fujitsu Group’s largest facility, Fujitsu’s Kawasaki main office in Japan, will source 100 per cent of its energy requirements from renewable energy from April 1, 2021. This will account for roughly 5 per cent of the company’s total electricity consumption in Japan. The company plans to implement this on a full scale at its locations throughout Japan.
Read More
Iberdrola signed a joint-venture agreement with Cosmo Eco Power and HitachiZosen Corp to collaborate on developing a 600 MW offshore wind farm in Japan, known as the Seihoku-oki project. The companies will come together to form the joint venture Aomori-Seihoku-Oki Offshore Wind Godo Kaisha to develop the project. The project site is located off the coast of the Aomori prefecture.
Read More
It has been almost a decade since the Fukushima nuclear accident which resulted in significant disruption to Japan’s energy supply and the country has been making significant efforts to diversify its energy mix. It has been gradually expanding its renewable energy capacity and improving its energy efficiency in order to lower its carbon emissions as well as reduce the dependence on imported fuels. However, the country’s energy supply still remains highly carbon intensive and Japan will need to redouble its efforts to achieve its goal of reaching carbon neutrality by 2050.
Read More
The Asian Development Bank (ADB) and Japan’s Ministry of Economy, Trade and Industry (METI) have signed a memorandum of cooperation (MOC) for clean energy promotion in South-East Asia. The cooperation, under the Cleaner Energy Future Initiative for ASEAN (CEFIA), will strengthen their efforts in the areas that focus on energy transition including renewable energy, energy conservation and efficiency.
Read More
Japanese electronics company, Panasonic Corporation has announced that it will look to shut down the production capacity for solar products at its facilities in Malaysia and Japan by the end of the financial year 2022. The company currently manufactures solar wafers, cells, and modules at its facility in Malaysia. It will look to liquidate its subsidiary, Panasonic Solar Energy Malaysia, and lay off its employees by March 2022.
Read More
Pattern Energy Group LP (Pattern Energy) has finalised financing of a $515 million fund, Green Power Renewable No. 1 Investment LP. Pattern Energy’s affiliate in Japan, Green Power Investment Corporation (GPI), will manage the fund and is also one of its largest investors.
Read More
Japan is a country which relies mainly on fossil fuels to meet its energy needs. However, the events at the nuclear power plant in Fukushima following the 2011 earthquake and tsunami have shifted energy policies towards greater renewables adoption. While a FiT scheme was launched earlier, this gave way to auctions in 2017, which have since the key policy instrument driving the Japan’s transition to renewables.
Read More