Aisin Thai Automotive Casting (Aisin Group) and Shizen Energy / Constant Energy completed a first solar rooftop with a Corporate PPA as Shizen Energy’s first solar rooftop project under a PPA scheme in Thailand
Shizen Energy Inc. (“Shizen Energy”) and Constant Energy completed the power grid connections and commenced operation on April 2021 for the 1MW rooftop solar power plant under a corporate PPA with Aisin Thai Automotive Casting Co., Ltd, a joint venture between Aisin Seiki Co., Ltd.(Japan) and Toyota Tsusho (Thailand) Co., Ltd. which PPA has signed in Oct, 2020, and been under construction since January 2021 in Kabinburi Industrial Zone, in Prachinburi province. The power plant began commercial operations in April 2021.
This project has built a 999kW(DC) solat plant that will operate in Kabinburi, Thailand. Power generated by the plant will be supplied to Aisin Thai Automotive Casting Co., Ltd under Corporate PPA. Supplying clean, cost-competitive renewable energy from this rooftop solar power plant, the project will contribute to reducing the average electricity cost for Aisin Thai Automotive Casting Co., Ltd while lowering their carbon footprint.
“We are very pleased to have completed the project for Aisin Thai Automotive Casting. This is the first step of our long-term relationship. We hope to contribute to the Aisin Group’s “Low-Carbon society” as an environmental target and RE transition.” says Hiroki Koga, General Manager at Shizen Energy.
Shizen Energy defines its PURPOSE of the company to “take action for the blue planet.” Achieving its PURPOSE requires a broader use of safe and sustainable energy through renewable power plants development around the world. We will continue focusing on providing the renewable energy solution in and outside of Japan. We believe our course of actions will make more people live happily on Earth. Shizen Energy will strive for the realization of a “100% renewable-powered planet”, through development, construction, operations, and maintenance of renewable energy power plants that are high quality and community-driven.
【About Aisin Thai Automotive Casting Co., Ltd.】
Aisin Thai Automotive Casting was founded in September 2008 as a joint venture between Aisin Seiki Co., Ltd. (Japan) and Toyota Tsusho (Thailand) Co., Ltd. With a capital of 1,681 million baht located in Prachin Buri. With the simple yet powerful vision “To be success no. 1 Powertrain component company in ASEAN”, Aisin Thai Automotive Casting has become one of the leading manufacturers in of engine & transmission related parts in Thailand to support automotive production of well-known automobiles.
【About Constant Energy】
Constant Energy is a renewable electricity generation and storage investment platform which invests in and manages high-quality power assets in selected countries. As a solar developer and Independent Power Producer (IPP), we develop, design, finance, build, own and operate utility-scale and large industrial rooftop-based solar PV power plants. Our team is specialized and experienced and directly manages its foreign assets with a long-term outlook. We firmly believe that only a local and active asset management can achieve the targeted return on a long-term basis.
【About Shizen Energy Inc.】
Founded in June 2011. With the purpose of “We take action for the blue planet.”, Shizen Energy Group has contributed to the development of approximately 1 gigawatt worth of renewable energy across Japan. In addition to development, EPC (engineering, procurement, construction), O&M (operation and maintenance) and asset management business for the installation and operation of large-scale renewable power plants, we also provide decarbonization solutions such as PPA business by small and medium-sized power plants and electricity retail business. The company intends to construct photovoltaic power plants in countries around the world, beginning with the regions of Asia and Brazil from 2018.
Headquarters: Fukuoka Ohori Bldg. 3F/6F, 1-1-6 Arato, Chuo Ward, Fukuoka City, Fukuoka Prefecture
Representative Directors: Ken Isono, Kenji Kawado, Masaya Hasegawa