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Marubeni begins electricity retailing for low voltage users

Japan

Marubeni is engaged in retail electric power business in Japan through Marubeni Retail Power Corporation (“MPRC”), a wholly owned subsidiary of Marubeni.
MPRC has established a stable and inexpensive supply system based on the know-how from Marubeni who accumulated in the overseas power business and the supply from the self-owned power projects (mainly renewables) in Japan.
Starting in April 2016, MPRC started low-voltage supply to customers such as home and small-scale business operators. At present, the contract size is approximately 1.6 GW (including high and ultra-high voltage), and it is one of the leading electric power retailers in Japan. In addition, by utilizing the advanced supply and demand management expertise accumulated through many years of experience, we have started new services such as undertaking supply and demand management of other companies.
We will continue to develop products that will satisfy our customers.

Marubeni Power Retail Corporation Website (Japanese only) 

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Marubeni commences small hydro power business in Hiroshima City and Kitahiroshima Town, Hiroshima Prefecture

Japan

In January 2016, Marubeni’s fully-owned subsidiary Mibugawa Power Company (“Mibugawa”) commenced commercial operation of three small hydro power plants in Hiroshima City and Kitahiroshima Town, Hiroshima Prefecture.
In this project, Mibugawa took over the three power plants previously operated by a local power producer since the 1940s, to continue operations after replacing the facilities. The expected annual power generation is approximately 3.2 million kWh, equivalent to the annual electricity consumption of 900 ordinary houses. The generated power will be sold to Marubeni.
Mibugawa conducts community-based small hydro power business on a nationwide scale by utilizing its know-how accumulated through its long experience in their operation. With many viable locations for small hydro power plants in the Chugoku region, especially in Hiroshima Prefecture, Mibugawa will continue to work on the construction of small hydro power plants in the Chugoku region and contribute to the local community.

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Construction contract with Bangladesh power development board for the country’s largest combined cycle power plant

Bangladesh

Marubeni signed a contract with Bangladesh Power Development Board (“BPDB”) on the construction of Bibiyana-III Gas Based Combined Cycle Power Plant with approximately 40 MW (400,000 kW) total output. The Japan Bank for International Cooperation (“JBIC”) agreed to provide buyer’s credit (export loan) for this contract, and in February 2016, JBIC and BPDB signed a loan agreement. The plant is to be completed in FY2018.
Marubeni also has two other similar-scale combined cycle power plant contracts in Bangladesh. Combined cycle power plants generate power with a gas turbine, and also use its exhaust gas to generate power with steam turbines. So the facility is a clean and highly efficient power plant with low environmental burden, and helps achieve effective use of energy and reduction of greenhouse gases. Marubeni will continue to contribute to ease power shortages, improve infrastructure, and help the economic development in Bangladesh.

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Marubeni commences solar power business in Itako City, Ibaraki Prefecture

Japan

  • Itako Power Plant
  • ZoomLocation Map

In November 2015, Marubeni’s fully-owned subsidiary Mibugawa Power Company (“Mibugawa”) commenced commercial operations of the mega-solar power plant in Itako City, Ibaraki Prefecture.
In this project, Mibugawa will construct and operate a mega-solar plant with approximately 2.4 MW output. The annual power generation is expected to be approximately 2.7 million kWh (equivalent to the annual electricity consumption of about 750 ordinary houses). The generated power will be sold under the feed-in-tariff scheme.
Marubeni and Mibugawa have an upper hand in electric power development and operation, mostly in renewable energy such as mega-solar and small hydro power plants. Utilizing the experience of the Iwaki power plant construction completed in November 2014, in this project, the former pit sand extraction area was used so that the construction could be carried out with minimum change to the landscape.

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Marubeni commences solar power business in Oyama City, Shizuoka Prefecture

Japan

  • Oyama Solar Power Station
  • ZoomLocation Map

In August 2015, Marubeni’s fully-owned subsidiary Mibugawa Power Company (“Mibugawa”) began commercial operations of the mega-solar power plant in Oyama Town, Shizuoka Prefecture.
In this project, Mibugawa constructs and operates a mega-solar plant with approximately 1.8 MW output. The annual power generation is expected to be approximately 2.09 million kWh (equivalent to the annual electricity consumption of about 750 ordinary houses). The generated power will be sold under the feed-in-tariff scheme.
For this project, Oyama Town introduced the idle private land. On the irregularly-shaped but open hillside at the foot of Mt. Fuji, solar panels are efficiently placed, and the land is utilized as an eco-friendly mega-solar system.


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Marubeni commences small hydro power business in Shimogo Town, Fukushima Prefecture

Japan

  • Hananosato Power Station

In June 2015, Marubeni commenced commercial operations of the Hananosato Power Station (Shimogo Town, Fukushima) through its fully-owned subsidiary Mibugawa Power Company (“Mibugawa”).
In this project, water is taken from the Osawa River in Shimogo Town’s Nakayama area for the small hydro power plant approximately 1,200 m downstream. The power plant capacity is 175 kW, and the annual power generation is approximately 1 million kWh (equivalent to the annual electricity consumption of about 300 ordinary houses). The generated power will be sold under the feed-in-tariff scheme.
Mibugawa will continue developing several small hydro power plants within the town, and create synergy effects such as streamlining maintenance.
Mibugawa and Shimogo Town have also signed a general agreement on renewable energy development. By making good use of the potential resources in Shimogo through small hydro and other power generation, Mibugawa will contribute to creating the town’s future development plan through renewable energy projects that utilize natural energy.

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Memorandum of understanding with the Ministry of Electric Power of the Republic of the Union of Myanmar on the development of a gas-fired power plant

Myanmar

  • ZoomThanlyin district of the Yangon region

In May 2015 Marubeni concluded an agreement with the Ministry of Electric Power of the Republic of the Union of Myanmar to start feasibility studies for a gas-fired power generation project in the Thanlyin area, Yangon region in the central portion of Myanmar.
This project is to construct a gas-fired power plant in the Yangon region, to supply reliable electricity within Myanmar, particularly for the central Yangon region. With a generation capacity of 400 MW, it will be the largest gas-fired power plant in Myanmar. Marubeni will form a consortium with Global Power Synergy Public Company Limited (Thailand) and Eden Group Company Limited (Myanmar) to conduct the feasibility study.
Handling the power demand is an urgent issue in Myanmar due to rapid economic growth. Particularly in the Yangon region, home to the country’s largest commercial cities, there are many growing companies and factories, and the power shortages are expected to become increasingly serious. In Myanmar, Marubeni has experience constructing hydroelectric and thermal power plants, and has also carried out a feasibility study for a coal-fired power plant project. Marubeni’s goal is to make use of their knowledge and experience to perform this feasibility study, and contribute to a stable supply of power in the country, focused on the Yangon region.

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Participation in construction and operation of the St. Charles gas-fired power plant project in Maryland, U.S.

The United States

In August 2014, Marubeni began its participation in the construction and operation of the St. Charles gas-fired power plant project (“St. Charles Project”) in Maryland, U.S. Marubeni, Toyota Tsusho Corporation, Osaka Gas Co., Ltd., and Competitive Power Ventures Holdings, LLC (“CPV”), a U.S. clean power developer, each holds 25% ownership interest in the project.
The full-fledged construction of the 725 MW St. Charles Project power plant began in August 2014, and is expected to be completed and start commercial operation in 2017. It will deliver power through Pennsylvania-New Jersey-Maryland (PJM), North America’s largest wholesale power market. In the U.S., gas-fired power plants are expected to replace the retiring coal-fired and nuclear power plants. The St. Charles Project will contribute to the stable energy supply in the nation’s capital city region as a highly efficient new power source.

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Awarded coal-fired thermal power plant from the Electricity Generating Authority of Thailand

Thailand

  • The signing ceremony

In March 2015, Marubeni, in partnership with the French company ALSTOM Power Systems SA and ALSTOM (Thailand) Limited (“ALSTOM Group”), signed a contract with the Electricity Generating Authority of Thailand (EGAT) for the construction of new units for the Mae Moh lignite-fired power plant. This project will replace the existing Units 4-7 and will produce about 600 MW of electricity, with a contract value of over 1.0 billion USD (equivalent to over 120 billion yen).
Located in the northern Thai province of Lampang, the new units will produce electricity from local lignite mined from a neighboring coal mine. The consortium will deliver equipment, and conduct engineering and installation work for the project. ALSTOM Group will supply equipment such as boilers, steam turbines, and generators, while Marubeni is in charge of procuring auxiliary machinery and coordinating engineering and installation works. By using ultra-supercritical technology, the plant will have a reduced environmental footprint.
A Marubeni and ALSTOM Group consortium originally supplied all the boilers and auxiliary machinery for the currently operating units 4-13 at the Mae Moh lignite-fired power plant. In addition to our extensive experience and the project implementation capacity, the state-of-the-art technology that overcame the difficulty of burning lignite with a higher degree of calcium oxide (CaO) than normal coal, were recognized and led to the awarding of the project.

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Participating in the UK's 210-MW Westermost Rough offshore wind power project

U.K.

  • Westermost Rough offshore wind power project in the UK

Marubeni has invested in the Westermost Rough offshore wind power project (“the Project”) along with DONG Energy (“DONG”), an integrated energy company of Denmark, and the UK Green Investment Bank (“GIB”), an institution wholly owned by the UK government that supports renewable energy. The Project started commercial operation on June 29, 2015, and an inauguration ceremony was held on July 1.
The Project will generate power with 35 units of Siemens 6MW wind turbines over a period of 25 years. This is equivalent to the power demand for over 150,000 homes in the UK. In September 2014, project financing was arranged with a syndicate of banks consisting of Japan Bank for International Cooperation (JBIC), The Bank of Tokyo-Mitsubishi UFJ, Ltd., Mizuho Bank, Ltd., Siemens Financial Services (Germany), and Societe Generale Corporate & Investment Banking (France), and the construction has proceeded smoothly.
To respond to increases in the global need for low-carbon power sources, Marubeni promotes various renewable energy businesses. In the field of wind power generation, Marubeni is involved in a wide range of activities such as project development, research and development, and investment in onshore/offshore wind power generation projects and transmission businesses in domestic and overseas markets. The Westermost Rough project is Marubeni’s second offshore wind power investment project in operation, following the UK's Gunfleet Sands offshore wind farm project in 2011. Marubeni will work on the stable operation of the project along with DONG and GIB, while also continuing to cultivate good investment projects.
While actively engaging in power generation projects around the world, Marubeni will make use of the knowhow accumulated through its European offshore wind power projects and offshore wind turbine installation projects using special vessels, as well as the empirical research projects on offshore floating wind farms and other related businesses in Japan. Through involvement in renewable energy projects, Marubeni will contribute to creating environment-friendly energy.

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Construction of additional power plants through TeaM Energy, an operating company, for a power plant project in the Philippines

Philippines

  • Pagbilao coal-fired power plant

Marubeni has invested in TeaM Energy, which owns two power plants in Pagbilao and Sual in the Philippines. TeaM Energy has invested in the Ilijan power plant and has a total generating capacity of 3,204 MW.
Currently, TeaM Energy is building an additional coal-fired power plant with a power generation capacity of 400 MW on the premises of their Pagbilao power plant. They are doing so in cooperation with Aboitiz, a Filipino company. The new plant is scheduled to commence its operation from FY2017.
Marubeni will develop new projects by capitalizing on its expertise and experience, which it has accumulated within the electric power industry, while taking into consideration optimization of its existing assets.

Mega-solar business in the Kisosaki polder (Kisosaki-cho and Kuwana City, Mie Prefecture, and Yatomi City, Aichi Prefecture)

Japan

  • Kisosaki polder mega-solar project

The construction for the mega-solar power project that Marubeni operates through its wholly-owned subsidiary “Kisozaki Mega Solar Corporation” on the Kisosaki polder, which stretches across Kisosaki-cho, Kuwana City, Mie Prefecture, and Yatomi City, Aichi Prefecture, was completed in December 2014, and began commercial operation.
The project is “The Installation and Operation of Kisozaki Polder Mega-Solar Plant,” a 2012 public offering by Mie and Aichi Prefectures utilizing approximately 78 ha of the area. Marubeni made a project proposal, and was selected in November 2012. Marubeni signed a basic agreement with the two prefectures in May 2013, began construction the following July, and started commercial operation in December 2014. In addition to mega-solar projects, Marubeni is involved in small and medium-sized hydroelectric power, offshore wind power, and geothermal power generation, and will continue to actively work on promoting renewable energy with a lower environmental burden.

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Sur natural gas-fired power project in Oman

Oman

  • Sur thermal power plant project

The construction of a 2,000 MW natural gas-fired combined cycle power plant, one of the largest in Oman, was completed in December 2014. This project began in 2011 as Marubeni and Chubu Electric Power Co., Inc., in partnership with Qatar Electricity and Water Company and Omani Multitech LLC, won the business rights. Based on a 15-year long-term contract with Oman Power and Water Procurement Company, Marubeni will operate the plant and sell electricity to the Sur Industrial Estate, approximately 150 km southeast from Muscat on the coast of the Gulf of Oman. Funds for this project were procured through project financing from Japan Bank for International Cooperation (JBIC) and commercial banks.
Marubeni will continue to further enhance its ability in developing IPP projects, which has been strengthened through this case, and contribute to the stable supply of electricity by participating in private power projects.

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