Marubeni Corporation and Taisei Corporation have started development of a wood-based biomass power plant, via special purpose company Ishikari area Biomass Power corporation (IBP).
Located at the Ishikari Bay New Port Area in Ishikari City, Hokkaido, the plant will have a power generation output of 9,950 kW.
The biomass power plant will consume locally produced fuel, consisting mainly of unused thinned wood from the central area of Hokkaido, to supply renewable energy.
IBP has been registered as a “biomass power plant for local resources” and is expected to contribute to the revitalisation of local forestry.
IBP signed a loan agreement with Shinkin Central Bank and five other local Shinkin Banks located in Hokkaido, and the first draw down was successfully executed.
Marubeni said that, alongside Taisei and IBP, it will work closely with Ishikari City as well as fuel suppliers with the aim of commencing plant operations in January 2026.
Marubeni has already developed six wood-based biomass power plants. This biomass plant is the company’s second plant to involve local consumption of locally produced fuel after the Godo Biomass Power Plant, which commenced operations on 2 April 2.
Marubeni has positioned green strategy as one of the basic policies in its mid-term management strategy “GC2024” and will continuously develop renewable energy projects by leveraging the know-how it has acquired in Japan and overseas.
Marubeni and Taisei build wood-based biomass plant in Hokkaido, Japan
