Japan’s Sumitomo Corp will construct a 50-MW wood biomass power facility on Honshu island. The plant will produce electric power for retail operations of its Tokyo-based subsidiary Summit Energy Corp.
Located in in the Sakata Rinkai Industrial Park, in Yamagata prefecture’s city of Sakata, construction of the biomass plant will begin around June 2016. The facility is expected to begin operations in May 2018. The biomass facility will procure feedstock such as unused wood and timber off-cuts – both locally and overseas.
The project is expected to have an investment of JPY 25 billion (USD 208m/EUR 185m).
Summit Energy already operates a 50-MW biomass power plant in Itoigawa while another 75-MW facility is expected to come up in Handa in June 2017.
With the Sakata project, Sumitomo expects to become a key player in Japan’s biomass power market.
7th Biomass Pellets Trade & Power on 16-19 May, 2016 in Tokyo will discuss the future outlook of Japan’s biomass power market.
For more information, contact Ms. Hafizah at email@example.com or call +65 6346 9218.