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Other Disclosures5214Nippon Electric Glass Co.,Ltd.Construction and Materials

Entered into an off-site PPA for solar power generation with Kansai Electric Power

日本電気硝子 entered into an off-site PPA with The Kansai Electric Power Company,Incorporated to procure electricity and environmental value over the long term from rooftop solar power generation facilities in Hyogo Prefecture and Kyoto Prefecture. The company expects to procure approximately 1.5 GWh annually for 20 years from March 2027, reducing CO₂ emissions by approximately 600 tonnes per year.

Worth reading
60In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
600
Expected annual CO₂ emissions reduction of approximately 600 tonnes
Wording
Conditional
How definitive the wording is.

Announced details

Electricity and environmental value from solar power generation under a physical off-site PPA
Applicable field (uses covered by this announcement)

Renewable energy procurement, CO₂ emissions reduction, carbon neutrality

Launch dateMarch 2027 (scheduled start of power generation and procurement)
Contract Date5 August 2026
What the company reported numerically
Quantitative Effects

Expected annual CO₂ emissions reduction of approximately 600 tonnes

Relationship between the counterparty and the company
Nippon Electric Glass Co.,Ltd.5214
Relationship with the Company

A business relationship in which NEG will procure, through The Kansai Electric Power Company,Incorporated, electricity and environmental value from rooftop solar power generation facilities owned by a third party on a long-term basis

CounterpartyThe Kansai Electric Power Company,Incorporated

Head office: Osaka, Osaka Prefecture; Director, Representative Executive Officer and President: Mori Nozomu (森 望). Electric power company. Other attributes: not disclosed

Location (as indicated in this announcement)

Hyogo Prefecture and Kyoto Prefecture (planned locations of the solar power generation facilities)

Forecast annual power generation: approximately 1.5 GWh (equivalent to the consumption of approximately 380 ordinary households)

In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.

Announced details
ItemDetails
Names of Products / Services CoveredElectricity and environmental value from solar power generation under a physical off-site PPA
CounterpartyThe Kansai Electric Power Company,Incorporated
Counterparty overviewHead office: Osaka, Osaka Prefecture; Director, Representative Executive Officer and President: Mori Nozomu (森 望). Electric power company. Other attributes: not disclosed
Relationship with the CompanyA business relationship in which NEG will procure, through The Kansai Electric Power Company,Incorporated, electricity and environmental value from rooftop solar power generation facilities owned by a third party on a long-term basis
Contract Date5 August 2026
Launch dateMarch 2027 (scheduled start of power generation and procurement)
Applicable areaRenewable energy procurement, CO₂ emissions reduction, carbon neutrality
LocationHyogo Prefecture and Kyoto Prefecture (planned locations of the solar power generation facilities)
Location scaleForecast annual power generation: approximately 1.5 GWh (equivalent to the consumption of approximately 380 ordinary households)
Quantitative EffectsExpected annual CO₂ emissions reduction of approximately 600 tonnes
Items this document does not state (8)
Contract ValueOffering priceAward/certification nameAwarding / certifying bodyRegistration number and expiry dateUsage historyImpact on Business PerformanceSource

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.

As part of efforts to reduce CO₂ emissions toward achieving carbon neutrality by 2050.

How to read this page

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Entered into an off-site PPA for solar power generation with Kansai Electric Power | Nippon Electric Glass Co.,Ltd. (5214) timely disclosure | Komori