Chubu Electric Power Co.,Inc. | Develop Wood-based Biomass Power Plant in Gifu Prefecture -Operations Scheduled to Commence in March 2023- - Press Releases(2020)
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Press Release 2020

Develop Wood-based Biomass Power Plant in Gifu Prefecture -Operations Scheduled to Commence in March 2023-

September 25, 2020

Marubeni Corporation
Chubu Electric Power Co.,Inc.

Marubeni Corporation (hereinafter, “Marubeni”) and Chubu Electric Power Co., Inc (hereinafter “Chubu Electric”) established a special purpose company, “Gifu Seino Green Power LLC (hereinafter, “GSGP”) to develop a wood-based biomass power plant, “Godo Biomass Power Plant” in Godo Town, Anpachi ,Gifu Prefecture. In addition, today, GSGP signed a Pollution Control Agreement with Godo Town, and a Loan Agreement with Ogaki Kyoritsu Bank, Ltd. and Juroku Bank Ltd.

This project is to construct and operate a wood-based dedicated biomass power plant with a power generation output of 7,500 kW that mainly uses unused thinned wood produced in Gifu Prefecture.

In the future, based on the Pollution Control Agreement, we will work closely with Godo Town on pollution prevention and environmental conservation efforts, and aim for the start of power plant operations in March 2023 with the understanding and cooperation of the local people and other related parties.

【Outline of Godo Biomass Power Plant】

Place

2245-10, Godo Town, Anpachigun, Gifu Prefecture etc.
Teijin Co., Ltd., on the premises of the Ibigawa Plant

Power Generation Output

7,500kW

Estimated annual power generation

Approximately 53 million kWh
(equivalent to approximately 17,000 ordinary households)

Fuel Type

Wood Chips

Construction Start Date

October, 2021

Commercial Operation Date

March, 2023

【Outline of Gifu Seino Green Power LLC】

Established

September, 2020

Head Office

2-7-1, Nihonbashi, Chuoku, Tokyo

Representative

Officer Performing Duties 
Seishi Narita(Marubeni Clean Power Corporation)

Business

Construction of wood-based biomass power plant, supply and sale of electricity etc.

Investment

Marubeni Clean Power Corporation(Note)(50%), Chubu Electric(50%)

(Note)Marubeni has invested in GSGP through its wholly owned subsidiary Marubeni Clean Power Corporation

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