Press Release

Press Release

Reorganization under the Renewable Energy Company

April 28, 2021
Chubu Electric Power Co.,Inc.

To further accelerate expansion of renewables, Chubu Electric Power Company has decided to implement a reorganization that will put in place a structure clearly defining the Renewable Energy Company’s functions and authorities in order to accelerate decision-making.

Specifically, the Project Promotion Department will be established independent of the Business Planning Office to handle new development, operations, and management of wind, solar, biomass and geothermal power. The Business Planning Office will continue to be responsible for overall business strategy relating to renewable energy. In addition, the name of the Business Development Division, which chiefly takes care of new development, operations, and management of our hydroelectric power business will be changed to the Hydro Power Business Department and promote further value enhancement as well as new development in our hydroelectric power business.

To improve energy self-sufficiency and realize a carbon-free society, Chubu Electric Power Group has positioned renewable energy as one of our main power sources. We continue to proactively develop renewable energies with the goal of developing 2,000 MW or more by approximately 2030.

Implementation date

July 01, 2021

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