Press ReleasesNippon Paper Industries Holds Completion Ceremony for Wind Power Plant in Akita-shi, AkitaCommenced business operation as of this January, developing energy business at one of the most suitable locations for wind power generation in Japan
Nippon Paper Industries Co., Ltd.
Nippon Paper Industries Co., Ltd. (President: Fumio Manoshiro; hereinafter, "the Company") announces the completion of the construction of three wind turbines and facilities in the location adjacent to the Company's Akita Mill. These equipment and facilities were built by the joint venture "Nippon Paper Venti Wind Power Co., Ltd.," (Representative: Yoshiomi Todo and Hiroyuki Sato; hereinafter, "Nippon Paper Venti Wind Power") which owned by the Company and Venti Japan Inc. (President: Hiroyuki Sato; hereinafter, "Venti Japan"). Today affiliated parties held a ceremony to mark the completion of the construction project.
The wind power generation facility has commenced business operations as of this January, and the power generation output is 7,485 kilowatts (three units in total). The electricity to be generated is sold utilizing the feed-in tariff (FIT) system for renewable energy.
Wind power generation facility Completion ceremony
The Company is advancing diverse business operations that utilize nationwide mill facilities and land resources as well as technology, know-how and human resources developed over many years; with the aim of contributing to better living and cultural progress. The Company's energy business operations are one aspect of these efforts, which contribute to the stable supply of electric power to society.
Nippon Paper Venti Wind Power seeks to contribute to industrial in Akita-shi, Akita; and will continue to operate its wind power plant in safety first.
Outline of Nippon Paper Venti Wind Power
|1. Company name||Nippon Paper Venti Wind Power Co., Ltd.|
|2. Location||Mukaihama district, Akita-shi, Akita|
|3. Business operations||Operation and management of power generation equipment and facilities, and wholesale supply of electric power|
4. Investment ratio
|Nippon Paper Industries 50%, Venti Japan 50%|
|5. Power generation output||7,485 kilowatts (three units in total)|