JERA Transfers Stake in Ishikari Bay Wind Farm to Green Power Investment
JERA has transferred a stake in Japan's Ishikari Bay New Port wind farm to a newly formed investment company, Green Power Investment Co., Ltd., a joint venture between Hokkaido Electric Power and Tohoku Electric Power. The wind farm, featuring a 180 MWh battery storage system, began commercial operation on 1 January 2024.
The Ishikari Bay New Port wind farm, with a capacity of 112 MW, is now jointly operated by JERA, Green Power Investment Corporation, Hokkaido Electric, and Tohoku Electric. The project comprises 14 Siemens Gamesa turbines, each with an 8 MW capacity. The wind farm supplies electricity to the Hokkaido Electric Power Network.
The transfer of ownership interests took place on 30 September, restructuring the shares of the wind power project.
The Ishikari Bay New Port wind farm, with its significant battery storage system, is now jointly operated by four major players in the Japanese energy sector. The project's commercial operation commenced on 1 January 2024, contributing to Japan's renewable energy goals.
