Solar Photovoltaic Power-Based Captive Consumption Service for AEON Malls
March 05, 2020
Chubu Electric Power Co.,Inc.
AEON Mall Co., Ltd.
Chubu Electric Power Co., Inc. (President: Satoru Katsuno; "Chubu Electric Power") and Looop Inc. (President: Soichiro Nakamura; "Looop") will provide a captive consumption service (PPA model (see note)) that makes use of solar photovoltaic power generation for two Chubu area facilities which AEON Mall Co., Ltd. (President: Yasutsugu Iwamura; "AEON Mall") operates.
(Note) PPA: Power Purchase Agreement
Chubu Electric Power and Looop will install and operate solar photovoltaic power generation facilities on the roofs of AEON Mall Matsumoto (Matsumoto City, Nagano Prefecture) and AEON Mall Tsuminami (Tsu City, Mie Prefecture). At no initial cost, this service will enable both AEON Malls to begin using solar-photovoltaic generated electricity that is CO2-free in June 2020.
These three companies' first PPA model collaboration was AEON Fujiidera Shopping Center (Fujidera City, Osaka Prefecture), which opened in August 2019. The addition of AEON Mall Matsumoto and AEON Mall Tsuminami brings the total number of PPA model facilities to three.
AEON Mall has set its sights on realizing a carbon-free society by 2050. The company has been proactively adopting cutting-edge technology that makes use of natural energy and reduces its environmental impact, in addition to promoting community planning to achieve greater harmony with the local environment.
Chubu Electric Power will continue to address our customers' concerns about reducing their environmental footprint and strive to construct a platform for trading various forms of electricity and value derived from renewables.
Having established its mission of furthering adoption of renewable energies to the maximum extent possible, Looop provides an "all-in-one" service packaging the complete set of components for photovoltaic power generation ranging from equipment procurement through design, construction, maintenance, and retail electricity sales. Looop aims to provide even better service to a market demanding environmental friendliness with its sales of captive consumption systems that make use of the PPA model and solar photovoltaic power generation.
[AEON facilities utilizing captive consumption service]
Solar photovoltaic system capacity
AEON Mall Matsumoto
AEON Mall Tsuminami
AEON Fujiidera Shopping Center