Press Release

Press Release

Commencement of work on the "Kamisu Biomass Power Plant"

November 25, 2020
Chubu Electric Power Co.,Inc.

The Kamisu Biomass Power Generation LLC, which was jointly established by the Chubu Electric Power Co., Inc., Mitsubishi UFJ Lease & Finance Company Limited, Solariant Capital LLC, and Bio Fuel Co., Inc., began construction work on the Kamisu Biomass Power Station today.

The Kamisu Biomass Power Station is a wood-burning power plant with a power output of 50MW that will be built in Kamisu City, Ibaraki Prefecture, and is scheduled to begin operation in July 2023.

The construction work will proceed with the understanding and cooperation of the local community, as well as the relevant entities, with safety as the top priority.

[Overview of the Kamisu Biomass Power Station]

Location

Okunoyahama Industrial Park,
Kamisu City, Ibaraki Prefecture

Power output

50,000kW

Estimated annual power output

Approx. 350 GWh (equivalent to amount consumed by 110,000 ordinary households)

Fuel Type

Palm kernel shells

Scheduled start of operation

July, 2023

Investment

Chubu Electric Power (45%), Mitsubishi UFJ Lease & Finance (44%), Solariant Capital (6%), Bio Fuel (5%)

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