JERA Sells Stake in Ishikari Bay Wind Farm to Power Joint Venture
JERA has sold a stake in Japan's Ishikari Bay New Port wind farm to a joint venture between Hokkaido Electric Power and Tohoku Electric Power. The wind farm, now co-owned by JERA, Green Power Investment Corporation, Hokkaido Electric, and Tohoku Electric, began operation on 1 January 2024.
The wind farm, located in Ishikari Bay, features 14 Siemens Gamesa turbines, each with a capacity of 8 MW, totalling 112 MW. It also boasts a 180 MWh battery storage system to balance supply and demand. All electricity generated is supplied to the Hokkaido Electric Power Network. The sale of equity shares was facilitated by Murakami Morihiro, the founder of the newly established investment company.
With the transfer of ownership interests, the Ishikari Bay New Port wind farm is now jointly operated by four entities. This collaboration aims to harness the power of wind and store it for later use, supporting Japan's renewable energy goals.
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