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Thu 24, Oct.2024
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JR Kyushu’s First Off-Site Corporate PPA for Stations

                                                            

  • October 24, 2024
    Kyushu Railway Company
    UPDATER Co., Ltd.
    GPSS Holdings Co., Ltd.

  •  f 

JR Kyushu’s First Off-Site Corporate PPA for Stations
 Development of New Solar Power Plants in Kyushu and Supply of Renewable Energy to Station Facilities

Kyushu Railway Company (hereinafter referred to as JR Kyushu), UPDATER Co., Ltd. (hereinafter referred to as UPDATER), and GPSS Holdings Co., Ltd. (hereinafter referred to as GPSS) have announced a joint initiative to supply 100% renewable energy※1 to 18 station facilities, including local stations like Nagasaki Station and Shinkansen stations like Shin-Yatsushiro Station. This is the first time JR Kyushu is utilizing an off-site corporate Power Purchase Agreement (PPA) ※2.

Under this initiative, GPSS will develop and construct small to medium-sized solar power plants in Kumamoto and Fukuoka Prefectures. The electricity generated will be purchased by UPDATER’s decarbonization business “Minna Denryoku” and supplied to JR Kyushu’s station facilities using renewable energy certificates. Together, the three companies will continue to work towards achieving net-zero CO2 emissions and contributing to a sustainable society.

* 1 By combining electricity generated from renewable energy sources with the environmental value of non-fossil certificates designated for renewable energy, we supply 100% renewable energy (with zero CO2 emissions).
* An off-site corporate PPA is a power procurement model where a power generation company installs and owns solar power generation facilities outside the demand site. A retailer then supplies renewable electricity to the customer at a fixed price for a long period.

1.Supply Locations
JR Kyushu: 18 facilities, including both local and Shinkansen station buildings.

2. Background
JR Kyushu is committed to achieving net-zero CO2 emissions by 2050, as part of its efforts to realize a decarbonized society. This off-site corporate PPA was implemented after being selected for the Ministry of Economy, Trade and Industry’s FY2023 subsidized project, the “Demand-Side Solar Power Introduction Promotion Project.”
Note: The subsidy project was awarded to the power generation company “Sustainable Energy No. 1 LLC.”

3. Implementation Scale
Generation capacity: 3,982.1 kW (DC), 2,953.3 kW (AC)
Estimated annual power generation: Approximately 4.85 million kWh

4. CO2 Emission Reductions for Target Locations
Annual reduction: 2,041 tons of CO2 (equivalent to the emissions of about 788 households)

5. Off-Site Corporate PPA Scheme

 

6. Overview of the six companies

[Kyushu Railway Company]

Establishment

April 1, 1987

Representative

Yoji Furumiya

Location

3-25-21 Hakataeki-mae, Hakata-ku, Fukuoka-shi

Common stock

16 billion yen

Business

Passenger rail, sea freight, and automobile transport

URL

HP:https://www.jrkyushu.co.jp/

ESG-Related Initiatives: https://www.jrkyushu.co.jp/company/esg/

Role in this project

Customers supplying renewable energy electricity

 

[UPDATER Co., Ltd. (former: Everyone Electric Power Co., Inc.)]

Establishment

May 25, 2011

Representative

Representative: Eiji Oishi

Location

Sun Towers Center Building, 8th Floor, 2-11-22 Sangenjaya, Setagaya-ku, Tokyo

Common stock

1,407.978 million yen (capital reserve: 2,142.178 million yen)

* As of March 31, 2024

Business

Development of SX services such as decarbonization business “Everyone Electric Power”, wellbeing, biodiversity, etc.

URL

HP:https://www.updater.co.jp/

Minna Denryoku: https://minden.co.jp/

Role in this project

Retail electric power companies that procure and supply renewable energy electricity

 

[GPSS Holdings, Inc.]

Establishment

September 2, 2019

(The predecessor company was founded on October 26, 2012. In 2019, the current company was established and transitioned into a holding company.)

Representative

Representative Director: Masaaki Mezaki

Location

Shiba Park ND Building, 6th Floor, 2-5-10 Shiba, Minato-ku, Tokyo

Common stock

200 million yen

Business

Development, EPC, investment, etc. related to renewable energy

URL

HP:https://gpssgroup.jp/

Role in this project

Development and construction of renewable energy power plants

 

7. Inquiries from the press
Public Relations Department, Kyushu Railway Company
Tel:092-474-2541

Co-creation and Communication Department, UPDATER Co., Ltd.
Tel:03-6805-2228 (Business hours: Weekdays 11:00 – 15:00)

Public Relations Department, GPSS Holdings, Inc.
Mail:pr@gpss.jp

 

 

About the newly developed solar power plant

Sustainable Energy 1 Amakusa Solar Power Plant (Amakusa City, Kumamoto)
Type of power source: Solar
Power generation output: 2,444.9 kW (DC) 1,940.8 kW (AC)
Estimated annual power generation: 3,006,811 kWh
Development site: The site of a school that has finished its role as an educational institution is used as a renewable energy supply base.

Sustainable Energy 1 Tagawa-Kawasaki Solar Power Plant (Kawasaki-machi, Tagawa-gun, Fukuoka)

Type of power source: Solar
Power generation output: 1537.2 kW (DC) 1012.5 kW (AC)
Estimated annual power generation: 1,845,630 kWh
Development site: Development of renewable energy power generation facilities utilizing unused land