Marubeni Corporation has begun commercial operations of a biomass plant in Tsuruga, Japan, on 1 July 2017.
The biomass power plant is owned by Tsuruga Green Power, which was set up by Marubeni Thermal Power, a fully owned subsidiary of Marubeni.
The new power plant will utilize unused wooden chips that are imported and will generate 37MW of electricity that is equal to electricity used by 70000 homes in Fukui, Japan.
It will act as a new source of power for Power Producer & Supplier (PPS) business of Marubeni Power Retail.
The power plant’s construction on 22000m2 area, which is leased from Toyobo and located on the premises of its Tsuruga Factory II, commenced in November 2015 and its trials and performance tests began from April 2017.
Marubeni's renewable energy portfolio includes over 18 projects such as solar power, wind power and hydro power in Japan.
In March, Marubeni and JinkoSolar have signed a power purchase agreement (PPA) with Abu Dhabi Water and Electricity Company (ADWEC) for the 1.18GW photovoltaic power plant to be built near the town of Sweihan in Abu Dhabi, United Arab Emirates (UAE).
For the construction of the PV plant, a special purpose company has been created by Marubeni (20%), JinkoSolar (20%) and Abu Dhabi Water and Electricity Authority (ADWEA) (60%).