LOCAL WEBSITES

Vena Energy Expands Renewable Energy Construction Portfolio in Japan with landmark 162MW Solar Project in Miyagi Prefecture

Vena Energy, Asia-Pacific’s leading renewable independent power producers (IPP), announced today the ground-breaking of Amateras Shiroishi Solar Project.

With an installed capacity of 162 MW, the Amateras Shiroishi Solar Project will be one of the largest renewable energy projects in northern Japan. Vena Energy acquired Amateras Solar GK, the developer of the Amateras Shiroishi Solar Project, from X-ELIO, a worldwide leader in photovoltaic energy development, further expanding Vena Energy’s construction portfolio to 17 projects totaling 604 MW across Japan.

“We are excited to work closely with the host communities in Miyagi Prefecture and commence the construction of this landmark large-scale solar project,” said Juan Mas Valor, Head of Vena Energy Japan. “Since we started our operations in Japan in 2013, we have established strong collaborations and enduring relationships with our local stakeholders through our renewable energy operations across the country. We look forward to a continued long-term cooperation with our host communities in Miyagi Prefecture and a successful delivery of Amateras Shiroishi Solar Project, which will strengthen the development of local infrastructure and create jobs”.

At the peak of its construction, Amateras Shiroishi Solar Project is expected to create over 200 jobs and, once operational, the Project is expected to produce up to 175,000 MWh of clean renewable energy per year, capable of satisfying the electricity requirements of around 35,000 Japanese households. Compared to thermal energy, the Project will be capable of reducing up to 104,000 tonnes of greenhouse gas emissions and save up to 165 million litres of water every year.

Date

December 15, 2020

For General Inquiries

For Media Inquiries

Angela Tan
Group Head, Corporate Communications
angela.tan@venaenergy.com

For Investor Relations

Juwon Chae
Group Head, Sustainability and Investor Relations
IR@venaenergy.com