Thursday, April 26, 2012

No. 48: The action to stimulate the renewable energy business induces a trading company to build small hydraulic power plants (April 26, 2012)

Business trend
The special measures to purchase electricity generated by renewable energy will start coming July. This action prompted capital-rich companies, such as generation trading companies, to invest in the renewable energy business. Marubeni, one of Japan’s leading trading companies, will build more than 20 small-scale hydraulic power plants across the country by 2020. The small-scale hydraulic power plant generates electricity using water stream of rivers and irrigation channels. Blessed with many mountainous areas and much rainfall, Japan has abundant number of places suitable for small-scale hydraulic power generation.

The company started the operation of the three plants in the Kanto district on April 25 to make the total number six. The three plants inaugurated on 25th were built jointly by the local government and Mibugawa Power Company that is Marubeni’s wholly-owned subsidiary. The three plants have a combined generation capacity of 650 kW. The small-scale hydraulic power plant invites a wide attention as an environmentally-friendly generation system. In addition, unlike photovoltaic generation, it can generate electricity for 24 hours.

 A small-scale hydraulic power plant using agricultural water 

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