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Eurus to invest 280 billion yen in wind farms and power grid construction

  • 2015-02-10 15:00:00
  • , Nikkei
  • Translation

(Nikkei: February 10, 2015 – p. 15)

 

 Eurus Energy Holdings, Japan’s largest wind power generation company (based in Minato-ku, Tokyo), will double its domestic wind power generation by early 2020 to more than 1.3 million kilowatts, equivalent to the output of one nuclear plant. In Hokkaido, the company will construct power generation plants and power grids simultaneously so that the company can continue developing infrastructure while securing sufficient power supply capability. In the Tohoku region as well, the company is planning to construct new power generation plants. The total construction cost will be around 280 billion yen for the Hokkaido and the Tohoku regions, which is likely to facilitate the diversification of renewable energy, which has been skewed toward solar power up until now.

 

 Japan’s total domestic wind power generation as of the end of March 2014 was about 2.7 million kilowatts. Eurus, which is financed by the Toyota Tsusho Corporation and the Tokyo Electric Power Co., Inc., provided 600,000 kilowatts, or about 20%, of the nation’s wind power. By constructing more power generation plants in both the Hokkaido and the Tohoku regions where comparatively strong wind is available, the company is planning to increase its wind power output by more than 700,000 kilowatts over the next five to ten years.

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