Announced details
Renewable energy; electricity and environmental value trading
LY Corporation is expected to reduce greenhouse gas emissions by approximately 740,000 tonnes over 20 years
Through a virtual PPA, the environmental value of the Maniwa Solar Power Plant will be supplied to LY Corporation for 20 years. Through RE Bridge® (a platform that matches electricity consumers with generators), the Company forecasts power generation, manages supply and demand, and sells electricity in the market.
Head office: Chiyoda-ku, Tokyo; Representative Director, President and CEO: Izawa Tsuyoshi (出澤剛)
No. 1 in Japan in the Energy & Utilities category of the 2026 Asia-Pacific High-Growth Companies ranking; FY2025 Climate Change Action Environment Minister's Award
Maniwa, Okayama Prefecture
In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.
Company research (stated to be the largest in Japan as of December 2024)
| Item | Details |
|---|---|
| Names of Products / Services Covered | Maniwa Solar Power Plant, RE Bridge®, GPA® (virtual PPA) |
| Counterparty | LINEヤフー株式会社 |
| Counterparty overview | Head office: Chiyoda-ku, Tokyo; Representative Director, President and CEO: Izawa Tsuyoshi (出澤剛) |
| Relationship with the Company | Through a virtual PPA, the environmental value of the Maniwa Solar Power Plant will be supplied to LY Corporation for 20 years. Through RE Bridge® (a platform that matches electricity consumers with generators), the Company forecasts power generation, manages supply and demand, and sells electricity in the market. |
| Launch date | 15 August 2026 (commercial operations commenced; actual) |
| Applicable area | Renewable energy; electricity and environmental value trading |
| Award/certification name | No. 1 in Japan in the Energy & Utilities category of the 2026 Asia-Pacific High-Growth Companies ranking; FY2025 Climate Change Action Environment Minister's Award |
| Location | Maniwa, Okayama Prefecture |
| Location scale | Expected annual generation of approximately 85 million kWh |
| Quantitative Effects | LY Corporation is expected to reduce greenhouse gas emissions by approximately 740,000 tonnes over 20 years |
| Source | Company research (stated to be the largest in Japan as of December 2024) |
Items this document does not state (7)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To reduce the environmental impact by using a former golf course site without developing new forest land. The project will also contribute to job creation and economic revitalization in the region.