Japanese geothermal plant of 46 MW starts operations

Japanese utility Electric Power Development Co Ltd (TYO:9513), also known as J-Power, this week announced the start of commercial operations at a 46.2-MW geothermal power plant in Japan’s Akita prefecture.

The so-called Wasabizawa Geothermal Power Plant was built in Yuzawa city by a partnership between J-Power, Mitsubishi Materials Corporation (TYO:5711) and Mitsubishi Gas Chemical Company Inc (TYO:4182).

Construction work on this project began in May 2015. It was supported by Japan Oil, Gas and Metals National Corporation, which provided debt guarantee for geothermal resource development funding.

J-Power noted that no new large-scale geothermal power plants with capacities above 10 MW have been built over the past 23 years in Japan.

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