JAPEX kicks off construction of 50-MW biomass plant in Japan
The Ozu Biomass Power Plant will be located in a 25,700 sq m (276,632 sq ft) area in the industrial park of Ozu city. It is expected to be fully operational in August 2024.
The biomass project is being developed by Ozu Biomass Power Company (OBP), a business entity sponsored by local firms Maeda Corporation, Yonden Business Company and Shinko Denso Company, along with JAPEX.
Ozu Biomass will use imported wood pellets as fuel. Once complete, the plant will be capable of generating around 350 GWh per year.
Local utility supplier Shikoku Electric Power Transmission & Distribution Company will be the sole off-taker of Ozu’s output based on a feed-in tariff (FIT) scheme.