Press Release
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. |
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Power Generation Output |
7,500kW |
Estimated annual power generation |
Approximately 53 million kWh |
Fuel Type |
Wood Chips |
Construction Start Date |
October, 2021 |
Commercial Operation Date |
March, 2023 |
[Outline of Gifu Seino Green Power LLC]
Established |
September, 2020 |
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Head Office |
2-7-1, Nihonbashi, Chuoku, Tokyo |
Representative |
Officer Performing Duties |
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