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Marubeni, Chubu Electric to develop wood biomass power plant in Japan

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Marubeni Corporation and Chubu Electric Power have established a special purpose company, Gifu Seino Green Power (GSGP), to develop a wood-based biomass power plant in Japan’s Gifu Prefecture.

On 25 September, GSGP signed a pollution control agreement with Godo Town, where the plant will be built, and a loan agreement with Ogaki Kyoritsu Bank and Juroku Bank.

The project is to build and operate a wood-based dedicated biomass power plant with a power generation output of 7,500 kW that mainly uses unused thinned wood produced in Gifu Prefecture.

In the future, based on the pollution control agreement, the organisation will work with Godo Town on pollution prevention and environmental conservation efforts.

It is hoped the plant will begin operations in March 2023.