Taiheiyo Cement Ofunato Plant is a 67.5MW biopower project. It is located in Iwate, Japan. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in January 2020.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Biopower | 67.5 | 67.5 | – | Active | Iwate, Japan | Ofunato Power |
|---|
Description
Go deeper with GlobalData
The project was developed by Ofunato Power. Taiheiyo Cement and Erex are currently owning the project having ownership stake of 65% and 35% respectively.
The project generates 520,000MWh electricity and supplies enough clean energy to power 110,000 households, offsetting 285,000t of carbon dioxide emissions (CO2) a year. The project cost is $224m.
The process of combustion has been adopted in this co-firing project to release the stored energy from the feed. Agricultural by-product is used as a feedstock to power the project.
The project consists of 1 steam turbine.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataDevelopment Status
The project got commissioned in January 2020.
Power Purchase Agreement
The power generated from the project is sold to Erex under a power purchase agreement for a period of 20 years. The contracted capacity is 67.5MW.
Contractors Involved
JFE Engineering was selected to render EPC services for the biopower project.
Valmet supplied steam boiler for the project.
About Ofunato Power
Ofunato Power Inc., is a power generation company and a joint venture between Taiheiyo Cement Corporation and eREX CO., Ltd.
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.
