Karatsu Biomass Power Project is a 49.9MW biopower project. It is planned in Saga, Japan. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the under construction stage. It will be developed in a single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in December 2024. Buy the profile here.
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Description
The project is being developed and currently owned by JA Mitsui Leasing, Renova and Toho Gas. The company's ownership stake in the project stands as 35%, 34% and 16% respectively.
The project is expected to generate 350GWh electricity and supply enough clean energy to power 110,000 households.
Agricultural by-product and wood by-product will be used as a feedstock to power the project.
Development status
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by December 2024.
Contractors involved
Nippon Steel Engineering and Toyo Engineering are expected to render engineering procurement construction services for the biopower project.
Andritz is likely to be the supplier of the steam boiler for the project.
For more details on Karatsu Biomass Power Project, buy the profile here.
About JA Mitsui Leasing
JA Mitsui Leasing Ltd (JA Mitsui Leasing) is a financial services provider. It specializes in providing operating leases, automobile leases, agricultural machinery, finance leases, and loans. It is a subsidiary of The Norinchukin Bank. The company is headquartered in Chuo, Tokyo, Japan.
About Renova
Renova Inc (Renova) is a renewable energy developer and power producer. It owns, develops and operates solar PV, biomass, wind and geothermal power plants. The company’s power plants portfolio includes Suigo-Itako Solar, Kikugawa-Ishiyama Solar, Futtsu Solar, Kikugawa-Horinouchiya Solar, Kikugawa-Ishiyama Solar and Kokonoe Solar among others. Renova provides various services such as planning, operation of power generation projects. It also transports equipment, manages civil engineering, monitors the status of operation and offers maintenance services. The company's renewable energy also include in development and management of a new renewable energy power plant. Renova is headquartered in Chuo-Ku, Tokyo, Japan.
About Toho Gas
Toho Gas Co Ltd (Toho Gas) is a downstream energy distribution company. It procures and sells natural gas and liquefied petroleum products (LPG). The company supplies hydrocarbon products on wholesale and retail basis. It procures LNG from Australia, Indonesia, Qatar, Malaysia and Russia through price index and supply source contracts. The company also provides coke, tar and crude oil products; paving materials, automobiles, daily sundries, and foodstuffs; and gas, air-conditioning, kitchen, and plumbing equipment and home appliances. It also carries out the supply of LPG and electricity. Toho Gas serves customers in Aichi, Gifu, and Mie prefectures. Toho Gas is headquartered in Nagoya, Aichi, Japan.
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This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
