Canadian engineering firm Subterra Renewables has won the first right of exclusivity to own and operate a geothermal power plant in Japan that will be built as part of California-based infrastructure developer TerraScale Inc’s Green Snow project.
Subterra said in a statement last week that it was selected by TerraScale in a highly-competitive Request for Proposals (RFP) process in connection with the project. It added it was picked “based on its advanced technology, extensive expertise, exceptional management team, and strong partnerships.”
The Green Snow project in Northern Japan is a hybrid renewable energy venture involving the construction of a series of geothermal plants developed by TerraScale and its Japanese partner Global Family Holdings Co Ltd through their joint venture Climate Transition Development Corporation (CTD). At the very start of the month, TerraScale announced it had obtained 113 acres of land for the realisation of Green Snow, thus marking the completion of pre-development work on the scheme.
Subterra’s right to operate and maintain the first plant covers the entire 15-year lifetime of the associated power purchase agreement (PPA) and extends to future projects, a press release says.
The project aligns with a recently announced geothermal energy cooperation agreement between the US and Japan that will focus on research and development, exchange of information, and pursuit of geothermal projects in both countries and elsewhere.
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