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Green Energy & Company Group Secures Construction Project in Hamamatsu

The Green Energy & Company Group, headquartered in Minato, Tokyo, has announced a significant advancement in its renewable energy initiatives. A wholly-owned subsidiary, Green Energy Plus, has been awarded a contract by Shizuoka Gas & Power, a subsidiary of Shizuoka Gas, to construct a power storage facility in Hamamatsu City, Shizuoka Prefecture.

Background and Overview of the Project

As the adoption of renewable energy expands nationwide, it becomes essential to balance supply and demand due to the fluctuating nature of power generated from solar and wind sources. The power storage facility aims to maintain this balance by allowing for the storage and release of electricity—an increasingly critical function as more renewable sources come online. In this project, Green Energy Plus will manage everything from land development to various right acquisitions and the actual construction of the storage facility, which is set to be delivered to Shizuoka Gas & Power. Construction is scheduled to begin in November 2027, with the facility expected to commence operations in April 2028.

Storage Facility Specifications

The new facility will have a rated output of 1,999 kW and a total capacity of 8,584 kWh, enough to power approximately 4,700 households simultaneously for around 4.3 hours, which translates to about 860 households per day, assuming an average consumption of 10 kWh per household per day.

• - Project Name: Power Storage Facility Construction
• - Location: Hamamatsu City, Shizuoka Prefecture
• - Rated Output: 1,999 kW
• - Nominal Capacity: 8,584 kWh

The Shizuoka Gas Group is already an established energy provider, leveraging various energy sources such as city gas, LP gas, electricity, and renewable energy alike. This power storage facility will bolster their continuing efforts in the renewable sector.

Commitment to Expanding Renewable Energy

As part of its ongoing mission to enhance renewable energy integration and ensure stability across power grids, the Green Energy & Company Group is committed to developing power storage facilities in various locations. This project in Hamamatsu is aligned with their goal to foster a more sustainable energy landscape beyond regional boundaries.

About Green Energy & Company

Since its inception in 2009, Green Energy & Company has championed the goal of making the planet greener through innovative energy practices, branded as “Micro GX,” focusing on creating, storing, and utilizing energy driven from communities, corporations, and individuals. With a track record of approximately 5,500 renewable energy projects nationwide, the company is set to embark on power storage initiatives utilizing battery systems in 2024. Currently, they operate nine facilities, plan twenty more openings, and have over a hundred new developments in progress, underscoring their ambitious 2026 goals.

The Green Energy & Company Group actively promotes not only the establishment of power storage facilities but also significant growth in renewable energy adoption, contributing towards a net-zero society.

Company Information

Ordering Entity:

• - Company Name: Shizuoka Gas & Power Co., Ltd.
• - Location: 260-12 Tsuda, Fuji-shi
• - Representative: CEO Takashi Fujita
• - Business Scope: Electricity trading and brokerage services, power generation and supply.

Green Energy & Company Group:

• - Company Name: Green Energy & Company, Inc. (TSE Growth, Code: 1436)
• - Location: 1-2-20 Kaigan, Minato-ku, Tokyo, 12F Shiodome Building
• - Representative: CEO Takafumi Suzie
• - Business Scope: Management of group companies related to GX and affiliated operations.

Contact Information:

For inquiries regarding IR matters, please contact:

• - IR Team: Shibata, Futaki
• - Email: [email protected]

For inquiries specific to the power storage facility, please contact:

• - Battery Group: Miyake, Iemoto
• - Email: [email protected]

For more service details, visit Green Energy Services.