en.Wedoany.com Reported - Toyo Kohan Co., Ltd. has signed a virtual power purchase agreement (PPA) with HSE Corporation to annually acquire environmental value equivalent to 18 GWh through onshore wind power projects under Japan's feed-in premium (FIP) scheme.

Under the agreement, HSE, acting as an aggregator, will supply the environmental value of electricity from three onshore wind farms. The project is expected to reduce Toyo Kohan's greenhouse gas emissions by approximately 8,700 tons per year.

This initiative is part of Toyo Kohan's "2030 Eco Action Plan," which aims to reduce Scope 1 and Scope 2 emissions by 50% by fiscal year 2030 compared to fiscal year 2019 levels, and to achieve carbon neutrality by fiscal year 2050.

The company plans to utilize renewable energy projects, including this agreement, to cover approximately 25% of the electricity demand at its Kudamatsu Plant by fiscal year 2030.

This marks the first adoption of a virtual PPA and onshore wind renewable energy within the Minebea Group, which includes MinebeaMitsumi Inc.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com