Dec 04, 2019 16:35 JST

Source: Mitsubishi Corporation

Mitsubishi Corporation: Dedicated Biomass Power Generation at Suzukawa Energy Center

TOKYO, Dec 04, 2019 - (JCN Newswire) - Mitsubishi Corporation (MC) has made the decision to launch a biomass power generation project, having come to terms with conditions for procuring fuel (wood pellets) and completing arrangements for a non-recourse project finance. Through its wholly-owned subsidiary, Mitsubishi Corporation Power Ltd. (MC Power), MC and its partners Nippon Paper Industries Co., Ltd. (Nippon Paper) and Chubu Electric Power Co., Inc. (Chubu Electric) established the Suzukawa Energy Center Ltd. (Suzukawa EC) in September 2013. The partners have been in discussions since then on developing a dedicated biomass power generation project at Suzukawa EC.

After converting Suzukawa EC's facilities in Fuji City, Shizuoka Prefecture from coal to wood pellets, the project will use the facilities as a biomass power plant (Suzukawa EC went online in September 2016, with a rated output of 112,000 kW). In conjunction with Suzukawa EC's existing boiler designed to fire both coal and biomass, turbine and fuel conveyance equipment, fuel-storage and other new equipment will be installed with an aim to commence dedicated wood-pellet power generation in April 2022.

The view of Suzukawa Energy Center Power Station
 


By using biomass(1) wood pellets as fuel, this project promises to help curb CO2 emissions and provide stable, uninterrupted baseload power, something that has always been a challenge with renewable energy sources. It will also help Japan to achieve its desired energy mix, which includes an increased renewable energy percentage.

By combining renewable-energy and other relatively green power generation projects with digital technologies, MC is endeavoring not only to supply stable energy but also to provide optimal energy use to customers in Japan and around the world with added value. The company is developing a range of renewable energy and other power generation businesses both at home and abroad. In Japan, MC Power is engaged in solar photovoltaic, wind, biomass and other renewable projects, an already impressive energy portfolio that this new biomass business should only strengthen in the years to come.

MC is doing more through its businesses to realize its three-value mission(2). It aims to have renewable energy businesses account for more than 20% of its power generation assets by the year 2030 (based on power generation capacity).

(1) When combusted, biomass releases CO2, which is in turn absorbed by plants. Because plants remove carbon from the atmosphere and then release it back into the atmosphere when they are burned, biomass is considered to be carbon neutral. Its use in power generation results in no net increase in the biosphere's carbon concentration.
(2) Simultaneous generation of economic, societal and environmental value.

Contact:
Mitsubishi Corporation
Telephone: +81 3 3210 2171
Facsimile: +81 3 5252 7705 
Source: Mitsubishi Corporation
Sectors: Energy, Alternatives

Copyright ©2025 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.

Related Press Release


Definitive agreement to implement a joint mine plan between Los Bronces and Andina copper mines
September 17 2025 17:57 JST
 
Mitsubishi Corporation Invests in Commonwealth Fusion Systems, a US Fusion Energy Start-up from MIT
September 02 2025 11:50 JST
 
Result of the Business Plan Review for the Offshore Wind Power Generation Projects in Japan
August 27 2025 21:27 JST
 
Mitsubishi Corporation Invests in Fullerton Health
August 26 2025 11:54 JST
 
Mitsubishi Corporation to acquire shares in Copper World copper mine project in the US
August 14 2025 11:05 JST
 
First Shipment of LNG from the LNG Canada Project
July 01 2025 10:00 JST
 
Mitsubishi Corporation to Invest and Enter into a Business Partnership with DEScycle Ltd., a UK Company Developing Innovative Metal Recycling Technology
June 02 2025 13:35 JST
 
Mitsubishi Corporation Establishes New Corporate Venture Capital Company
May 30 2025 17:36 JST
 
Mitsubishi Corporation makes DennoKotsu an equity-method affiliate company, strengthening efforts to address regional transportation challenges
April 11 2025 09:39 JST
 
Mitsubishi Corporation to Participate in Demonstration Project for New Hydrogen-Based Ironmaking
April 09 2025 17:22 JST
 
More Press release >>

Latest Press Release


More Latest Release >>