Itochu, Google enter into long-term power agreement in Japan
- Admin
- May 29, 2024
- 1 min read
Itochu has entered into a long-term power supply agreement with Google in Japan. Approximately 800 solar plants will be developed for Google by 2026 with a combined capacity of around 72 MW. Clean Energy Connect Co Ltd (CEC), an Itochu portfolio company, will carry out the work. Google aims to run on 24/7 carbon-free energy by 2030. Shinji Okuyama, Vice President of Google Japan, expressed the importance of the power purchase agreement. CEC owns 1,200 non-FIT low-voltage solar power plants and plans to introduce 5,000 solar plants in Japan by financial year 2025. Itochu recently invested in CEC and announced the completion of three utility-scale solar power assets in the US through its subsidiary Tyr Energy Development Renewables.
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