Press Release

Press Release

Development of a biomass power plant that uses 100% domestic timber in Fukuroi City, Shizuoka Prefecture ~Aiming to commence operation in December 2024~

April 14, 2023
Forest Energy Inc.
Shizuoka Gas & Power Co., Ltd.
Chubu Electric Power Co.,Inc.

Today, Enshu Forest Energy LLC (“Project Company”), which was established by Forest Energy Inc. and in which Shizuoka Gas & Power Co., Ltd. and Chubu Electric Power, Co., Inc. agreed to invest, concluded a project financing agreement.

The Project Company plans to construct and operate “Enshu Forest Energy Power Plant” (“Project”), a 7,100kW power plant that uses 100% domestic timber centering on unused thinned wood from Shizuoka Prefecture, and aims to commence operation in December 2024.

Unused timber from Shizuoka Prefecture will mainly be procured to be used as fuel, and it is also planned to collect and utilize branches, root parts and bark.

The three companies and the Project Company will utilize all local resources through the Project to contribute to forest development and forestry revitalization in Shizuoka Prefecture and realizing a decarbonized society.

【Project Overview】

Power generation company

Enshu Forest Energy LLC

Project site

6653-8 Aza-Hachiman-mae, Okazaki, Fukuroi-shi, Shizuoka (within Ogasayama Industrial Estate)

Investing companies

Forest Energy (70%)、Shizuoka Gas & Power (25%)、Chubu Electric Power(5%)

Rated output

7,100kW

Annual power output

Approx. 52,530,000 kWh (equivalent to annual electricity usage by approx. 17,000 general households)

Fuel type

Wood chips using mainly unused thinned wood from Shizuoka Prefecture

Fuel usage

Approx. 90,000 tons per year

Scheduled start date of operation

December,2024

Note: The overview of the Project is the plan at the time of this announcement and may be changed in the future.

(Completion image)

遠州フォレストエナジー合同会社の完成イメージ図

[Reference] Overview of invested companies

Forest Energy Inc.

Representative

Shingo Numa, Representative Director & President

Location

3-14-37 Kamiosaki, Shinagawa-ku, Tokyo

Business

Local circulation-type energy business using wood resources

Website

Forest Energy Inc.

Shizuoka Gas & Power Co., Ltd.

Representative

Satoshi Ueki, Representative Director

Location

260-12 Tsuta, Fuji-shi, Shizuoka

Business

Sale and purchase of electric power and mediation business for sale and purchase; power generation and supply business

Website

Shizuoka Gas & Power Co., Ltd. 

Chubu Electric Power Co.,Inc.

Representative

President and Director Hayashi Kingo

Location

1 Higashi-shincho, Higashi-ku, Nagoya-shi, Aichi Prefecture

Business

Renewable energy projects, overseas projects, community support infrastructure-related projects, etc.

Website

Chubu Electric Power Co.,Inc.

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