Shizen Energy inks 5.2-MWp solar PPA with Aisin in Japan

Japanese renewables developer Shizen Energy Inc will build a 5.26-MWp direct current (DC) solar bundle under a long-term power purchase agreement (PPA) signed with compatriot Aisin Corporation.

Shizen Energy said today the PPA is tied to both rooftop and ground-mounted solar installations, all in the Japanese central prefecture of Aichi.

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Aisin Corporation develops and produces components and systems for the automotive industry. All of the clean electricity generated will be supplied to four of Aisin’s Japanese facilities and at the head office of subsidiary Aisin Takaoka.

More details are available in the table below.

Construction of the rooftop system at the Nishio and Ogawa plants is completed and has been handed over to Aisin. Shizen Energy noted the assets will commence operation between February and April.

The PPA has a term of 20 years.