Shizen Energy Inc.

Shizen Energy Inc. (Shizen Energy) has reached 100 MW of executed Renewable Energy Purchase Agreements with Microsoft Corporation (Microsoft) for four solar power projects in Japan. After the execution of the Purchase Agreement for the Inuyama Solar Power Plant (*1), Microsoft’s first Renewable Energy Purchase deal in Japan, three additional 20-year agreements have been signed. 

The newly added solar power plants are located in the Kyushu and Chugoku regions. All projects have reached financial close. One of the power plants in the Kyushu region has started operations. The other projects are currently under construction, one of which will be constructed by Shizen Energy’s wholly owned EPC Company, Shizen Engineering Inc.. All projects will be operated by Shizen Operations Inc., through its wholly owned subsidiary focusing on operation and asset management. 

Rei Ushikubo, Executive Officer of Shizen Energy said: “Following the Inuyama Project, we are honored to have signed long-term agreements with Microsoft for several new projects. We believe that securing financing from domestic and international financial institutions for these projects is proof of the growing presence of Renewable Power Purchase Agreements in the Japanese market. We will continue to prioritize our power purchase agreement business to support our customers’ decarbonization efforts. “ 

Shizen Energy is dedicated to continuing its leadership in the domestic and international power purchase agreement markets, with the aim of accelerating the integration of renewable energy for corporations and ultimately achieving a sustainable society.

*1 Shizen Energy signs Virtual PPA with Microsoft (Press Release, October 13, 2023)
https://www.shizenenergy.net/en/2023/10/13/seg_vppa_microsoft/

About Shizen Energy Inc.
Founded in June 2011, Shizen Energy Group is driven by the purpose, “We take action for the blue planet,” with this commitment fuels its drive to accelerate the global shift to renewable energy by harnessing solar, wind, and biomass power to create sustainable solutions that minimize environmental impact while fostering economic growth in local communities.
Since 2016, Shizen Energy has expanded its reach internationally, with projects in Southeast Asia and Brazil. In 2019, the company diversified into energy technology, introducing innovations such as micro-grids, virtual power plants (VPP), and smart EV charging services through its proprietary energy management system (EMS). With over 1 GW of renewable energy generated worldwide and recognition as the top startup by Forbes Japan in 2024, Shizen Energy continues to lead the industry. 
https://www.shizenenergy.net

*Microsoft is registered trademark of Microsoft Corporation in the United States and/or other countries.