News Release

Oct. 27, 2023 JPXI Marubeni Power Retail Corporation and JPXI Sign Virtual Power Purchase Agreement

 

Marubeni Power Retail Corporation, a consolidated subsidiary of Marubeni Corporation, and JPX Market Innovation & Research, Inc., a consolidated subsidiary of Japan Exchange Group, Inc., have signed a Virtual Power Purchase Agreement to trade Non-FiT Non-Fossil Certificates derived from solar power generation. Some of the solar panels are supplied by Rexia Corporation, an affiliate of Marubeni Corporation. This will be the first third-party ownership-model VPPA in Japan that utilizes used solar panels (according to Rexia).

Please see the below release for details.

Marubeni Power Retail Corporation and JPXI Sign Virtual Power Purchase Agreement icon-pdf
 

Contact

Japan Exchange Group, Inc. Sustainability Department
E-mail:sustainability@jpx.co.jp