Eneos Renewable Energy's 49-MW Solar Partnership in Japan

Jun 28, 2024 11:27 AM ET
  • ERE partners with WAKO Group and AAP to develop 49 MW of solar power in Japan, set to enter construction phase this year for operation in 2027.

Eneos Renewable Energy Corp (ERE) has announced a partnership for the development of 49 MW of high-voltage solar power plants in Japan's Chugoku and Shikoku regions. The collaboration with WAKO Group and ALL Asset Partners will see the development of 88 power plants under Japan's bulk scheme, with construction taking place simultaneously to ensure large generation capacities.

ERE will take over the solar assets once they are converted to the feed-in premium (FIP) model, with WAKO handling construction and AAP responsible for operation and maintenance (O&M). The projects are set to enter the construction phase between this year and 2026, becoming operational in 2027 and selling their generation to customers through off-site corporate power purchase agreements (PPAs).

What are the key details of ERE's partnership for 49 MW solar power plants in Japan?

  • Eneos Renewable Energy Corp (ERE) has partnered with WAKO Group and ALL Asset Partners for the development of 49 MW of high-voltage solar power plants in Japan's Chugoku and Shikoku regions.
  • The collaboration will involve the development of 88 power plants under Japan's bulk scheme, with construction taking place simultaneously to ensure large generation capacities.
  • ERE will take over the solar assets once they are converted to the feed-in premium (FIP) model, with WAKO handling construction and AAP responsible for operation and maintenance (O&M).
  • The projects are scheduled to enter the construction phase between this year and 2026, becoming operational in 2027.
  • The generated electricity will be sold to customers through off-site corporate power purchase agreements (PPAs).

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