Peak Energy Expands Japan Portfolio with 11MW New Solar Acquisition

Peak Energy, a pan-Asian renewable energy developer and independent power producer, has acquired 11 MW of ready-to-build high-voltage solar projects across Japan. The projects are located in four regions—Chubu, Chugoku, Hokkaido, and Kansai—and are scheduled to be completed by 2027.

Once operational, the solar installations are expected to generate over 13 GWh of clean electricity annually. This output will help avoid nearly 6,000 tonnes of carbon dioxide emissions each year, equivalent to removing approximately 2,000 cars from the road.

Electricity generated from the sites will be sold directly to corporate customers under long-term power purchase agreements (PPAs). These fixed-price contracts will allow buyers to reduce their electricity costs and hedge against future price volatility for more than two decades.

“This acquisition reinforces our long-term commitment to Japan,” said Gavin Adda, CEO of Peak Energy. “Combined with our broader pipeline of high-voltage assets, it will support our mission to deliver clean, affordable and reliable energy solutions to businesses nationwide.”

“Given how slowly new supply of large-scale solar capacity is coming on stream in our country, we are excited that we will be able to provide our corporate customers with clean energy within the next couple of years,” commented Eiji Sato, Country President of Peak Energy in Japan.

The acquisition is a significant step in Peak Energy’s expansion in Japan, where the company already co-owns a 28 MW solar plant in Kyushu. It is also actively growing its portfolio to include a mix of onsite solar, offsite solar, and integrated solar-plus-storage systems.