Shizen Energy Inc. has announced that it has reached a total of 100 megawatts (MW) in executed Renewable Energy Purchase Agreements with Microsoft Corporation for four solar projects in Japan. This milestone builds on Microsoft’s first renewable energy deal in the country—the Inuyama Solar Power Plant agreement—and expands the partnership through three additional 20-year agreements.
The newly signed agreements cover solar power projects located in the Kyushu and Chugoku regions. All four projects have successfully reached financial close, marking significant progress in Japan’s renewable energy market. One of the solar plants in Kyushu has already begun operations, while the remaining projects are under construction.
Among them, one project is being developed by Shizen Engineering Inc., a wholly owned subsidiary of Shizen Energy specializing in engineering, procurement, and construction. Once operational, all the facilities will be managed by Shizen Operations Inc., through its asset management subsidiary.
Rei Ushikubo, Executive Officer of Shizen Energy, emphasized the importance of the agreements, noting that they reflect both Microsoft’s commitment to decarbonization and the growing recognition of long-term renewable power purchase agreements in Japan. Ushikubo highlighted that securing financing from both domestic and international institutions demonstrates the market’s confidence in renewable energy development and its role in supporting corporate sustainability goals.
Shizen Energy stated that it will continue to strengthen its leadership in the power purchase agreement market in Japan and abroad. The company sees these agreements as a step forward in advancing corporate decarbonization efforts, accelerating the adoption of renewable energy, and contributing to the realization of a more sustainable society.
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