In Japan, industry conglomerate Marubeni Corporation (Marubeni) has announced that it via its wholly-owned subsidiary Marubeni Clean Power Corporation (MCPC) together with compatriots JAG Energy Co., Ltd (JKE) and Osaka Gas Co., Ltd (Osaka Gas) have established a special purpose company, Aichi Tahara Biomass Power Plant G.K. to develop a wood-based power plant, Aichi Tahara Biomass Power Plant, in Tahara City, Aichi Prefecture.
According to a statement, this project will cover the construction and operation of a wood-based dedicated biomass power plant with a power generation output of 75MW in Tahara City, Aichi Prefecture, and the sale of the generated electricity.
MCPC and JKE will each have a 37.5 percent stake while Osaka Gas the remaining 25 percent in the project
The planned start of power plant operations is October 2024, subject to the “understanding and cooperation” of the local population and other related parties.
