Japanese natural gas company Saibu Gas Holdings Co Ltd (TYO:9536) recently announced that its renewable energy arm, Eneseed Co Ltd, started commercial operations at a 1.6 MW solar power plant in Iwate Prefecture.
The photovoltaic (PV) park, called Eneseed Hirokawa Solar Power Plant, has been acquired from local company Clean Venture 21 Corp and will begin operations on April 2, 2022.
With the commencement of commercial operation of Hirokawa Solar, Saibu Gas' total renewable energy operating capacity has reached 47.5 MW.
The company is targeting 75 megawatts of renewable energy capacity by fiscal 2024 and plans to be carbon neutral by 2050.