Press Release

Press Release

Construction of Yahaba Biomass Power Station in Yahaba-cho, Shiwa-gun, Iwate Prefecture

September 30, 2024
Chubu Electric Power Co.,Inc.
Inabata & Co., Ltd.
Furusato Mokuzai Logistics K. K.

Furusato FIC Energy, LLC ("the project company"), a joint venture of Chubu Electric Power Co., Inc. ("Chubu Electric Power"), Inabata & Co., Ltd. ("Inabata"), and Furusato Mokuzai Logistics K. K. ("Furusato Mokuzai Logistics") has today started construction work on the Yahaba Biomass Power Station (the "Power Station").

The Power Station is a wood-fired biomass plant to be built in Yahaba-cho, Shiwa-gun, Iwate Prefecture, which will generate 1,990 kW of electricity mainly from forest timber offcuts (Note) and unused thinned wood, and is scheduled to start operation in January 2026.

(Note) Wood residues generated from forest management, wood material production, etc., that are not removed from and left in the forest area.

The three companies and the project company will proceed with the construction of the Power Station with the understanding and cooperation of the local community and related parties, and through this project will contribute to the effective utilization of forest timber offcuts and the realization of a regional recycling-oriented society.

[Illustration of Completed Plant]

Illustration of Completed Plant

[Overview of the Project]

Location of the power plant

78-1, Dai 2 Chiwari, Oaza Kemuyama, Yahaba-cho, Shiwa-gun, Iwate Prefecture

Power output

1,990kW

Estimated annual power output

Approx. 14.5 million kWh (equivalent to circa 5,000 homes' useage per year)

Fuel type

Wood chips (mainly forest timber offcuts and unused thinned wood from Iwate Prefecture)

Scheduled start of construction

September 2024

Scheduled start of operation

January 2026

Shareholding company

Chubu Electric Power, Inabata, Furusato Mokuzai Logistics

[Company Profiles]

  • Furusato FIC Energy, LLC

Established

May 2022

Headquarters

37-1, 6 Chiwari, Higashimirumae, Morioka-shi, Iwate Prefecture

Representative

Officer Performing Duties: Tadashi Hatakeyama (Furusato Mokuzai Logistics)

Business Activities

Development, construction, operation, maintenance management, etc. of the biomass power generation facilities

  • Chubu Electric Power Co., Inc.

Established

May 1951

Headquarters

1 Higashi-shincho, Higashi-ku, Nagoya-shi, Aichi Prefecture

Representative

President & Director Hayashi Kingo

Business Activities

Renewable energy projects, overseas projects, community support infrastructure-related projects, etc.

  • Inabata & Co., Ltd.

Established

June 1918

Headquarters

1-15-14 Minamisenba, Chuo-ku, Osaka-shi, Osaka Prefecture

Representative

Director, President: Katsutaro Inabata

Business Activities

Sales and manufacturing of products in the fields of information electronics, chemicals, consumer goods, and synthetic resin, etc.

  • Furusato Mokuzai Logistics K. K.

Established

April 2011

Headquarters

37-1, 6 Chiwari, Higashimirumae, Morioka-shi, Iwate Prefecture

Representative

President & Representative Director: Tadashi Hatakeyama

Business Activities

Businesses in lumber transportation, chip processing, material production, etc.

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