Off-shore Wind Farm Project at Akita and Noshiro Ports in Akita Prefecture

Through investment in the Special Purpose Company "Akita Offshore Wind Corporation" (AOW), Chubu Electric Power Co., Inc. ("Chubu Electric Power") decided to undertake a project ("the project") to construct, operate and maintain a bottom-fixed offshore wind farm that will be Japan's first commercial large-scale offshore wind power generation project ("offshore wind farm") at Akita and Noshiro Ports in Akita Prefecture jointly with Marubeni Corporation, Obayashi Corporation, Tohoku Sustainable & Renewable Energy Co., Inc., Cosmo Eco Power Co., Ltd., The Kansai Electric Power Co. Inc., The Akita Bank, Ltd., Ohmori Co. Ltd., Sawakigumi Co., Ltd., Kyouwa Oil Co. Ltd., Katokensetsu. Co., Ltd., Kanpu Co. Ltd., and Sankyo Co., Ltd., and today entered into a financing agreement for the project.

In July 2016, Chubu Electric Power invested in AOW established by Marubeni, which was selected as the business operator through the "Public Offering for an Offshore Wind Farm Operators at Akita and Noshiro Ports" that the Akita Prefectural Government conducted with the aim of expanding renewable energy and promoting industry within the prefecture. Thereafter, based on the results of a feasibility study conducted by AOW, Chubu Electric Power reached this decision on commercialization.

The project will construct offshore wind farms with a total power output of approximately 140 MW as well as operate and maintain them for a period of 20 years. In February 2020, work is scheduled to begin on the overland transmission and distribution portion, and the aim is to commence commercial operation in 2022.

In seeking to increase energy self-sufficiency and realize a low-carbon society, Chubu Electric Power regards renewables as one of our main power sources and we will continue to actively develop renewables with the goal of achieving over 2000 MW in new development by roughly 2030.

[Project Profile]