On December 22, Obayashi Corporation announced that it has begun a virtual PPA initiative that utilizes the FIP (Feed-in Premium) system to trade the environmental value of renewable energy. They will install solar power generation equipment at a logistics facility currently under development in Kawagoe City, Saitama Prefecture.
<Flow of electricity and environmental value through virtual PPAs>
Obayashi Corporation is developing a logistics facility tentatively named "OAK LOGISTICS CENTER Kawagoe I," aiming for completion at the end of January 2027.
Obayashi Clean Energy, a group company of Obayashi Corporation, will install a solar power generation system on the roof of this facility and supply electricity. The generated electricity will be supplied to the facility, and any surplus electricity that cannot be consumed will be sold on the wholesale electricity market, providing environmental value to Obayashi Corporation.
Annual power generation is expected to be approximately 87 kWh. Obayashi Corporation is promoting decarbonization as a whole within the Obayashi Group, and sees this initiative as an important step toward achieving carbon neutrality by 2050.
■ Overview of the initiative
Installation location: (Tentative name) OAK LOGISTICS CENTER Kawagoe I
Location: 1-10-7 Minamidai, Kawagoe City, Saitama Prefecture
Power generation company: Obayashi Clean Energy
Customer (on-site): Obayashi Corporation (logistics facilities, electricity and environmental value)
Virtual Customer: Obayashi Corporation (domestic business bases and construction sites; environmental value)
Power generation capacity: 811.8kWdc / 600kWac
Estimated annual power generation: Approximately 87 kWh
Estimated annual CO2 reduction: Approximately 384 t-CO2 (total of on-site and virtual emissions)
Scheduled start of operation: October 2027 or later
