ITOCHU Announces the Establishment of a joint venture company for the Operation of Mutsu Ogawara Onshore Wind Farm Project in Aomori
December 16, 2019
ITOCHU Corporation (headquartered in Minato-ku, Tokyo; Yoshihisa Suzuki, President & COO; hereinafter “ITOCHU”) announced today that ITOCHU and Hitachi Zosen Corporation (headquartered in Suminoe-ku, Osaka, Osaka Prefecture; Takashi Tanisho, Chairman & President; hereinafter “Hitachi Zosen”) incorporated the limited liability company Mutsu Ogawara Wind Power LLC. The joint venture company will be responsible for the establishment and operation of an onshore wind farm in an area facing the Pacific Ocean in Rokkasho Village, Kamikita District, Aomori Prefecture and for the wholesale supply of the electricity it produces, and will conduct activities aiming for the start of operation from 2023 onwards.
Outline of the onshore wind farm project
| Start of operation | From 2023 onwards |
|---|---|
| Power output | 57MW |
| Number of installations | 15 units |
| Project area | Mutsu-Ogawara Port, Rokkasho Village, Kamikita,District, Aomori Prefecture |
- *The project outlined above is in the planning stages and is subject to change.
Outline of the limited liability company
| Company name | Mutsu Ogawara Wind Power LLC |
|---|---|
| Date of incorporation | December 6, 2019 |
| Address | 1-7-89 Minami-port, Suminoe-ku, Osaka-shi, Osaka |
| Representative Partner | Hitachi Zosen |
| President/CEO | Takashi Fujita |
| Capital | 10 million yen |
| Investment ratios | ITOCHU: 50％, Hitachi Zosen: 50% |
| Business description | Establishment and operation of onshore windfarm in an area of Rokkasho Village, Kamikita District, Aomori Prefecture and wholesale supply of the electricity it produces |
Establishing an energy source for local production and local consumption, we will contribute to the creation of employment in local communities and the local economy in the construction and operation phase of power generation facilities.
This project is expected to reduce CO2 emissions by approximately 72,000 tons. The volume is equivalent to the annual electricity consumed by about 43,000 ordinary households.