Examples of on-site PPAs in Japan Sample Clauses

Examples of on-site PPAs in Japan. Car manufacturer SUBARU has committed to reduce by 30% their CO2 emissions, which were 680,000 t-CO2 in total in 2018, by 2030. As a part of a series of actions to meet this target, they have contracted “on-site PPA” with NTT facilities to lend them 52,000 m2 of idle area in their main factory for installation of a 5 MW solar PV plant. The electricity generated from the plant is directly sold to SUBARU to be consumed by the facilities within the factory over 20 years. This is one of the largest PPA projects so far in Japan. Moreover, on the rooftop of the warehouse located nearby the main factory, 1 WM of solar PV plants are installed as on-site PPA project (NTT Facilities, 2019a). In a similar fashion, the pharmaceutical company, Dai-ichi Sankyo Chemical Pharma, has concluded a contract for on-site PPA with NTT facilities to lend idle area in their factory for installation of 3.3 MW solar PV plants. The generated electricity is sold to their facilities over 20 years (NTT Facilities, 2019b). Other examples of on-site PPAs are found mainly in retail stores/supermarkets. Most of the cases have similar business models of on-site PPAs. Renewable developers typically install 100 kW-500 kW of solar PV plants, with batteries in some cases, on the rooftop of stores/car parks/buildings. All of the generated electricity is sold to the retail stores/supermarkets to be directly consumed by them over 10 years.
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