Renewable Energy

We will strengthen power generation from solar, wind, biomass and other renewable energies, continuing to support the energy supply within Japan as a major player in a carbon neutral society.

• Including projects under construction.

With ENEOS Renewable Energy joining the Group, we have achieved the Second Medium-Term Management Plan target of 1 million kW of electricity generated through renewable energy sources by the end of FY2022, the final year of said plan. With the merger of ENEOS Renewable Energy and the existing renewable energies businesses of ENEOS, we shall be able to further solidify our business growth through a fast-paced decision-making structure with a management team familiar with business development and an organizational culture of diverse human resources. In addition, by bringing together the Group’s amassed knowledge, we will further develop and accelerate these businesses. In the Third Medium-Term Management Plan, we will aim to develop a cumulative total of 2 million kW of mainly solar and onshore wind power plants, while also working on offshore wind power generation.
We are also conducting initiatives for offshore wind power generation. In March 2024, a project company led by ENEOS Renewable Energy was selected as the offshore wind power producer for a project offshore Happo Town and Noshiro City in Akita Prefecture. The company plans to commence construction within FY2025.