Marubeni Corporation and Taisei Corporation, through a special purpose company, Ishikari Area Biomass Power Corporation, have started development of a wood-based biomass power plant (Ishikari Area Biomass Power Plant), with a power generation output of 9.95 MW, at the Ishikari Bay New Port Area in Ishikari City, Hokkaido, Japan.
The biomass power plant will consume locally produced fuel, consisting mainly of unused thinned wood from the central area of Hokkaido, to supply renewable energy. The special purpose company has signed a Loan Agreement with Shinkin Central Bank and five other local Shinkin Banks located in Hokkaido, and the first drawdown was successfully executed.
Marubeni, alongside Taisei, will work closely with Ishikari City as well as fuel suppliers with the aim of commencing plant operations in January 2026, and with the kind understanding and cooperation of local residents and other related parties.