Microsoft Signs 100MW Solar PPA in Japan

Microsoft has signed a Power Purchase Agreement (PPA) with Japanese energy firm Shizen Energy for 100MW of solar power in Japan.

The power will be supplied from four solar projects in the Kyushu and Chugoku regions of Japan. According to Shizen, all four projects have reached financial close, and one in the Kyushu region has commenced operations.

Commenting on the agreement, Rei Ushikubo, executive officer of Shizen Energy, said: “Following the Inuyama Project, we are honored to have signed long-term agreements with Microsoft for several new projects. We believe that securing financing from domestic and international financial institutions for these projects is proof of the growing presence of Renewable Power Purchase Agreements in the Japanese market. We will continue to prioritize our power purchase agreement business to support our customers’ decarbonization efforts.”