Mitsui & Co., Ltd. has started to purchase electric power and environmental value from rooftop solar photovoltaic (PV) facilities owned by Japan Benex Corporation.
Through this project, Mitsui will engage in the long-term purchase of electric power and environmental value from rooftop solar power plants owned by Japan Benex at four different locations of Saitama, Chiba, and Kanagawa prefectures in Japan which are in the service area of Tokyo Electric Power Corporation.
The facilities, which were previously covered by the feed-in tariff (FIT) system, will be transitioned to the feed-in premium (FIP) system. On behalf of Japan Benex, Mitsui will also provide accurate forecasting of solar power output, which varies according to the weather and other factors, and supply-demand balancing functions, in addition to selling the electric power on the market
