#Japan #Renewable Energy #Off-site PPA #Sanin Godo Bank #Nakaumi

Sanin Godo Bank's Innovative Approach to Renewable Energy

Sanin Godo Bank, led by President Hiroshi Yoshikawa, has taken a significant step toward enhancing renewable energy utilization and promoting decarbonization in the region by introducing off-site Corporate Power Purchase Agreements (PPAs) across 30 of its facilities. This initiative, in collaboration with Gōgin Energy Co., Ltd. and other local power companies, aims to create a sustainable local energy consumption model.

Overview of Off-Site Corporate PPA Service

The off-site Corporate PPA service developed by Gōgin Energy utilizes solar power generated at several solar power plants. Local Energy Inc. and Tottori Citizen Power Inc. act as retail electricity providers, supplying the generated electricity to Sanin Godo Bank’s branches. In addition, Gōgin Energy has teamed up with Clean Energy Connect, which supports the development of solar power facilities, electricity billing, and coordination among stakeholders.

A Collaborative Effort for Local Energy Production and Consumption

The service targets a model of local energy production and consumption, with all aspects of renewable energy generation, electricity transmission, and consumption managed by companies headquartered in the Sanin area. This local collaboration aims to create an efficient, circular energy system.

Working with Clean Energy Connect, which possesses extensive expertise in off-site PPAs, ensures a long-term and stable service offering. This collaboration is designed to promote the stable integration of renewable energy into the local business ecosystem, with the current initiative marking the first step in this direction.

CO2 Emission Reduction Impact

The introduction of the PPA is expected to lead to a reduction of approximately 500 tons of CO2 emissions annually, accounting for about 13% of the bank’s Scope-2 emissions compared to the previous fiscal year in 2024. Sanin Godo Bank, Gōgin Energy, and Clean Energy Connect view this initiative as a concrete example of a local decarbonization promotion project utilizing renewable energy.

By sharing and expanding this model across the region, these organizations aim to provide local businesses with practical solutions for achieving decarbonization in their operations, contributing significantly to the area’s climate goals.

Project Summary

• - Consumer: Sanin Godo Bank
• - PPA Locations: 30 branches of Sanin Godo Bank
• - PPA Service Provider: Gōgin Energy Co., Ltd.
• - Operational Support Provider: Clean Energy Connect
• - Retail Electricity Partners: Local Energy, Tottori Citizen Power
• - Total Generation Capacity: Approximately 1.0MW (11 power plants in Sanin and Sanyo)
• - Annual Planned Generation: 920,000 kWh
• - CO2 Reduction Potential: Approximately 500 t-CO2 annually
• - Service Start Date: April 1, 2026

Community Resilience: Disaster Preparedness with Power Supply Outlets

An integral part of the new solar power plants developed exclusively for Sanin Godo Bank will be the installation of disaster preparedness outlets, named “Bepuru Consento®.” These outlets are designed to provide electricity for local residents during power outages caused by disasters. This initiative aims to improve resilience in the regions where the power stations are installed, fostering a deeper partnership with the community.