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Other Disclosures8424Fuyo General Lease Co.,Ltd.Financials (excluding banks)

Powering Shinkansen Trains with Solar Power! JR Kyushu’s First Off-Site PPA for Part of Its Traction Power

Kyushu Railway Company will procure, through an off-site PPA, renewable energy generated on the roofs of logistics facilities for part of the electricity used to operate the Kagoshima Route of the Kyushu Shinkansen. Supply is scheduled to begin in stages from August 2027.

Worth reading
70In 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
4600
t-CO2/year
Wording
Conditional
How definitive the wording is.

Announced details

Supply of renewable electricity through an off-site PPA
Applicable field (uses covered by this announcement)

Electricity used to operate trains on the Kagoshima Route of the Kyushu Shinkansen

Launch dateSupply scheduled to begin in stages from August 2027
Contract Datenot disclosed (only the fact that the contract was signed is stated)
What the company reported numerically
Quantitative Effects

Annual power generation: approximately 9.8 million kWh; CO2 emissions reduction: approximately 4,600 t-CO2 (equivalent to the emissions of approximately 1,800 households)

Relationship between the counterparty and the company
Fuyo General Lease Co.,Ltd.8424
Relationship with the Company

The 5 companies will jointly supply renewable electricity. Kyushu Railway Company, Kyushu Electric Power Company,Incorporated, EnBio Holdings,Inc and Fuyo General Lease Co.,Ltd. will jointly invest in and establish a limited liability company to serve as the power generation operator. Kyushu Railway Company, Kyushu Electric Power Company,Incorporated and the limited liability company will enter into a supply agreement. 株式会社シーアールイー will provide the roofs of logistics facilities and develop and operate the power generation facilities.

CounterpartyKyushu Railway Company (JR Kyushu)Kyushu Electric Power Company,IncorporatedEnBio Holdings,IncFuyo General Lease Co.,Ltd.株式会社シーアールイー

Kyushu Electric Power Company,Incorporated is a retail electricity provider. 株式会社シーアールイー develops, manages and operates real estate specializing in logistics facilities. No detailed company profiles are provided for the other companies.

Location (as indicated in this announcement)

Fukuoka Prefecture and Saga Prefecture (solar power generation facilities)

Power generation capacity: approximately 8,000 kWdc

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

Announced details
ItemDetails
Names of Products / Services CoveredSupply of renewable electricity through an off-site PPA
CounterpartyKyushu Railway Company (JR Kyushu), Kyushu Electric Power Company,Incorporated, EnBio Holdings,Inc, Fuyo General Lease Co.,Ltd., 株式会社シーアールイー
Counterparty overviewKyushu Electric Power Company,Incorporated is a retail electricity provider. 株式会社シーアールイー develops, manages and operates real estate specializing in logistics facilities. No detailed company profiles are provided for the other companies.
Relationship with the CompanyThe 5 companies will jointly supply renewable electricity. Kyushu Railway Company, Kyushu Electric Power Company,Incorporated, EnBio Holdings,Inc and Fuyo General Lease Co.,Ltd. will jointly invest in and establish a limited liability company to serve as the power generation operator. Kyushu Railway Company, Kyushu Electric Power Company,Incorporated and the limited liability company will enter into a supply agreement. 株式会社シーアールイー will provide the roofs of logistics facilities and develop and operate the power generation facilities.
Contract Datenot disclosed (only the fact that the contract was signed is stated)
Launch dateSupply scheduled to begin in stages from August 2027
Applicable areaElectricity used to operate trains on the Kagoshima Route of the Kyushu Shinkansen
LocationFukuoka Prefecture and Saga Prefecture (solar power generation facilities)
Location scalePower generation capacity: approximately 8,000 kWdc
Quantitative EffectsAnnual power generation: approximately 9.8 million kWh; CO2 emissions reduction: approximately 4,600 t-CO2 (equivalent to the emissions of approximately 1,800 households)
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.

To advance efforts to achieve zero CO2 emissions and contribute to the realization of a sustainable society.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Powering Shinkansen Trains with Solar Power! JR Kyushu’s First Off-Site PPA for Part of Its Traction Power | Fuyo General Lease Co.,Ltd. (8424) timely disclosure | Komori