Ishikari Bay is an 112MW offshore wind power project. It is planned in Ishikari Bay, Hokkaido, Japan. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2023.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Offshore | 112 | – | 112 | Permitting | Hokkaido, Japan | Furukawa Electric; Green Power Ishikari; Kajima; ORIX; Sumitomo Electric Industries; Thai Nippon Steel Engineering & Construction |
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Description
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The project is being developed by Furukawa Electric, Green Power Ishikari, Kajima, ORIX, Sumitomo Electric Industries and Thai Nippon Steel Engineering & Construction. The project is currently owned by Pattern Development with a stake of 100%.
The project is expected to supply enough clean energy to power 30,000 households, to offset 329,000t of carbon dioxide emissions (CO2) a year. The project cost is expected to be around $691.543m.
The wind power project consists of 14 turbines, each with 8MW nameplate capacity.
Development Status
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By GlobalDataPost completion of the construction, the project is expected to get commissioned in 2023.
Power Purchase Agreement
The power generated from the project will be sold to Hokkaido Electric Power under a power purchase agreement for a period of 20 years. The offtake capacity is expected to be 112MW.
About Furukawa Electric
Furukawa Electric Co Ltd (Furukawa) produces telecommunication, industrial and automotive products, and equipment. The major products include optical fiber cables, metal communication cables, semiconductor optical devices, electronic appliance wires, optical components, network equipment, optical fiber cable accessories and installations, CATV system, and radio products. It also offers aluminum wires and copper wires, power transmission cable, automotive components and wiring harness, magnet wires and aluminum plates. The company develops its products in the business fields of telecommunications, energy, automobiles, electrical parts and components and construction and architecture. Furukawa’s services include Logistics, Real Estate Leasing, Hydroelectric Power Generation, and Research & Development of New Products. The company has its presence across the Japan, East Asia, Europe, Russia, North America and Latin America. Furukawa is headquartered in Chiyoda-ku, Tokyo, Japan.
About Kajima
Kajima Corp (Kajima) is a construction and real estate development company. It carries out architectural designing, building construction, civil engineering and design, and real estate development among other activities. The company constructs roads, tunnels, dams, power plants, airport runways, and residential and commercial buildings, among others. Kajima also offers construction management and supervision; project, business, and master planning; facility and asset management; and maintenance and renovation services. Kajima and its subsidiaries serves commercial, industrial, transportation, residential, medical, education, hospitality, sports, and entertainment sectors. The company has operations across Asia Pacific, Europe, Oceania, and North America. Kajima is headquartered in Tokyo, Japan.
About ORIX
ORIX Corp (ORIX) is a diversified financial services group. Along with its subsidiaries, it offers leasing, lending, rentals, automobile leasing and rentals, life insurance and card loans, trust and banking services, and real estate services to SMEs, corporates, and individuals. It also invests in, develops, and leases offices, commercial facilities, rental condominiums, and logistics centers. Apart from financial services, the company deals in the areas of concession, agriculture, power generation, energy conservation, resources and waste processing, and electric power supply, car sharing, and automobile management. The company has its operations spanning the US, Asia, Oceania, the Middle East, and Europe. ORIX is headquartered in Minato-ku, Tokyo, Japan.
About Sumitomo Electric Industries
Sumitomo Electric Industries Ltd (Sumitomo) is a developer, producer, marketer and distributor of products related to electronics, info-communications, automotive, industrial materials, and environment and energy. The company’s major product portfolio includes wiring harnesses, automotive hoses, car electrical equipment, telecommunication cables and equipment, optical and wireless devices, electronic wire products, flexible printed circuits and others. Sumitomo also provides air cushions for railroad vehicle, power systems, power transmission wires, tungsten and molybdenum materials, heat sinks and laser optics. The company along with its subsidiaries operates in the Americas, Europe, Middle East, Africa, and Asia Pacific. Sumitomo is headquartered in Osaka, Japan.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
