Mt. Imanoyama Wind Farm, Japan

Mt. Imanoyama Wind Farm is a 193MW onshore wind power project. It is planned in Kochi, Japan. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2027.

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Wind Power Market seeing increased risk and disruption

The wind power market has grown at a CAGR of 14% between 2010 and 2021 to reach 830 GW by end of 2021. This has largely been possible due to favourable government policies that have provided incentives to the sector. This has led to an increase in the share of wind in the capacity mix, going from a miniscule 4% in 2010 to 10% in 2021. This is further set to rise to 15% by 2030. However, the recent commodity price increase has hit the sector hard, increasing risks for wind turbine manufacturers and project developers, and the Russia-Ukraine crisis has caused further price increase and supply chain disruption. In light of this, GlobalData has identified which countries are expected to add the majority of wind power capacity out to 2030. Get ahead and download this whitepaper for more details on the current state of the Wind Power Market.

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Project Type	Total Capacity (MW)	Active Capacity (MW)	Pipeline Capacity (MW)	Project Status	Project Location	Project Developer
Onshore	193	–	193	Permitting	Kochi, Japan	Hokutaku Renewable Energy Services; Japan Wind Engineering; Shikoku Electric Power

Description

The project is being developed by Hokutaku Renewable Energy Services, Japan Wind Engineering and Shikoku Electric Power. Hokutaku Renewable Energy Services, Japan Wind Engineering, Shikoku Electric Power and SUMITOMO CORPORATION TOHOKU are currently owning the project.

Development Status

The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2027.

About Shikoku Electric Power

Shikoku Electric Power Co Inc (Yonden) is an electric utility. It generates electricity, transmits and distributes that on retail and wholesale basis. The company produces power using the heavy oil, coke oven gas, LNG, woody biomass, crude oil, coal, nuclear, wind, hydro and solar sources. Yonden also carries out the construction and engineering related activities for civil and power supply related facilities; cable TV broadcasting and telecommunication activities; sale and engineering of electric hot water heaters and air-conditioning systems and electric appliances; and real estate activities. It serves residential, commercial and industrial customers in Tokushima, Kochi, Ehime and Kagawa prefectures of Shikoku. Yonden is headquartered in Takamatsu, Kagawa, 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.