Abashiri Biomass 2nd & 3rd Power Plants

This is a biomass power generation project to develop and operate two 9,900kW class biomass power plants, which use 100% domestic wood chips for fuel, in Abashiri City, Hokkaido.

JAPEX participates in the project as the largest shareholder for the business entities. In addition, our 100% subsidiary has been entrusted the asset management work of the two power plants from the business entities.

Related

• Renewable Energy Development

Outline

Basic Information

• Name: Abashiri Biomass 2nd Power Plant / Abashiri Biomass 3rd Power Plant
• Location: 4-3 (2nd Plant) / 4-1 (3rd Plant), Notoro-minato town, Abashiri City, Hokkaido
• Land area: 2nd Plant: 23,743m³ / 3rd Plant: 23,162m³
• Business Entities: Abashiri Biomass Power 2 LLC (2nd Plant) / Abashiri Biomass Power 3 LLC (3rd Plant)
  • 33.8% of our shares on each business entity

Outline of Facility

• Power generation system: Steam power
• Fuel: 100% domestic wood chips made from woods in Hokkaido: 100%
• Output capacities: 2nd Plant/3rd Plant each: 9,900kW (total of 19,800kW)
• Annual sales amount of electricity: Approximately 140 million kWh
• Offtaker: Hokkaido Electric Power Network, Inc. (fixed price by FIT for 20 years)

Abashiri Biomass 2nd Power Plant／Abashiri Biomass 3rd Power Plant

History

• September 2020: Start of construction work for the 2nd power plant*
• May 2021: Start of construction work for the 3rd power plant*
• September 2021: Our participation in the project (94.3% of our investment ratio)
• March 2022: Changed our investment ratio (94.3%→33.8%)
• June 2022: Signed the green loan financing agreement for the 2nd &3rd power plants
• October 2022: Commercial operation commencement of the 2nd power plant
• March 2023: Commercial operation commencement of the 3rd power plant