Investment in a biomass power plant in Kai City, Yamanashi
Capacity: Approx. 7MW
Investment Date: September 2021
Commercial Operation Start: November 2023
In cooperation with our strategic partner Green Thermal co.ltd. ("GT"), we have invested in and developed the third medium-sized biomass power plant that utilizes local, unutilized, general wood materials as fuel. This is the first biomass power plant in Yamanashi Prefecture.
Investment Highlights
GT has been developing multiple similarly sized biomass power plants across the country. Our collaboration with GT continues with this project, following the Wakayama biomass power plant. With its background in the forestry industry, GT has established strong, long-lasting relationships with forestry companies, ensuring a stable supply of wood chips from a diverse network. Leveraging its experience in the operation and maintenance of biomass power plants, GT oversees all aspects of this project, including development, fuel procurement and operation/maintenance.
The plant has a capacity of 6,950 kW and plans to use 80,000 tons of unutilized general wood materials annually. This project is expected to revitalize the local forestry industry and economy by creating new industries and job opportunities.
Future Actions
In July 2015, Kai City formulated the "Kai City Biomass Industrial Community" concept to build environmentally friendly, disaster-resistant communities and designated this power plant as a key project. In accordance with the basic agreement concluded with Kai City in July 2021, we will continue to develop this project in collaboration with the city.
Posted on July 19, 2021