Representational image. Credit: Canva
Peak Energy, one of Asia’s fastest-growing renewable energy developers, has expanded its footprint in Japan with the acquisition of a unique 48 MW portfolio of ready-to-build high-voltage solar projects located across regions including Tokyo and Tohoku. Combined with its 28 MW operational solar farm in Kyushu and the 11 MW portfolio acquired earlier this year, Peak Energy’s total capacity in Japan now stands at 87 MW. Once operational between 2026 and 2027, the new projects will generate nearly 60 GWh of clean electricity annually—enough to power around 15,000 households and avoid approximately 27,000 tonnes of CO₂ emissions per year, equivalent to removing 9,000 cars from the road.
The electricity from these solar plants will be sold to corporate customers through long-term power purchase agreements (PPAs), with fixed prices for over 20 years. This structure enables immediate cost savings for customers while providing long-term protection against volatile energy markets. Select sites will also feature battery energy storage systems (BESS), further enhancing energy reliability and enabling the use of renewable power beyond daylight hours. This acquisition marks another step in Peak Energy’s rapid expansion in Japan, where it continues to offer innovative clean energy solutions, including onsite solar PPAs, offsite PPAs, and integrated solar+BESS options tailored to corporate energy needs.
“This acquisition further cements our position in Japan, where we are now uniquely positioned to serve large power consumers with cheap, clean energy at the scale the require and within the timeframe they need to meet their climate objectives,” said Gavin Adda, CEO of Peak Energy. “I am particularly excited about Peak now also adding storage to some of our sites, to offer time-shifted PPAs, and helping some of our most ambitious consumers get closer to their 24/7 Carbon-Free Energy ambitions.”
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