Pattern Energy Group LP and its subsidiary, Green Power Investment Corporation (GPI), have concluded financing and commenced full construction of the 112 MW Ishikari Offshore Wind project located roughly three km off the coast of Ishikari Bay in Hokkaido, Japan. The plant will include a 100 MW/180 MWh capacity battery storage component.
MUFG Bank, Ltd., Sumitomo Mitsui Banking Corporation, Sumitomo Mitsui Trust Bank, Limited, Mizuho Bank, Ltd., Development Bank of Japan Inc., Societe Generale, and Shinsei Bank, Limited arranged the financing facility collectively.
The commercial operation of the Ishikari Offshore Wind project is anticipated to begin in December 2023. Its power output is covered by a 20-year power purchase agreement with Hokkaido Electric Power Network, Inc.
Country updates
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September 09, 2022
JRE commissions 79.94 MW solar PV projects in Kumamoto prefecture
Japan Renewable Energy Corp (JRE) and Sumitomo Mitsui Financial Group, Inc. (SMFG) have begun commercial operation of the 79.94 MW JRE Yamato Takamori 1 and 2 solar photovoltaic (PV) projects in Kumam...
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September 07, 2022
GE to supply turbines for 79.8 MW Fukaura Wind Farm in Aomori Prefecture
Green Power Investment (GPI) has selected GE Renewable Energy to supply turbines for the development of the 79.8 MW Fukaura Wind Farm project that will be located in Fukaura Town, Nishi...
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September 05, 2022
Takara Leben starts commercial operation of 14 MW solar project in Tottori
Takara Leben Co Ltd has started the commercial operation of the 14 MW Leben Solar Tottori Daisen Power Plant, a solar photovoltaic project located in the Chugoku region, Tottori prefecture, Japan...
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September 01, 2022
KenGen, Toshiba partner for O&M services for geothermal projects
Kenya Electricity Generating Company PLC (KenGen) and Toshiba Energy Systems & Solutions Corporation (Toshiba ESS) have signed a memorandum of understanding (MOU) for Operation and Maintenance (O&...
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August 24, 2022
Vena Energy secures JPY5.36bn loan for the 17 MW solar project development in Fukushima
Vena Energy has obtained a JPY5.36 billion (US$39.18 million) green loan that is co-financed by Sumitomo Mitsui Trust Bank to develop the 17 MW Nihonmatsuka mi Nagaori Mega Solar Power Plant...
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