Kyocera and Cosmo Energy Group to Begin Reciprocal Renewable Energy Supply from Wind and Solar Power from April 2026 ~Marking Kyocera’s First Wind Power-Based Physical PPA ~
March 26, 2026
Cosmo Energy Holdings Co., Ltd.
Cosmo Oil Marketing Co., Ltd.
Cosmo Eco Power Co., Ltd.
Cosmo Energy Solutions Co., Ltd.
Kyocera Corporation
Cosmo Eco Power Co., Ltd. (hereafter, “Cosmo Eco Power”), a subsidiary of Cosmo Energy Holdings Co., Ltd., and Kyocera Corporation (hereafter, “Kyocera”) are pleased to announce that, effective March 3, 2026, they have signed a physical Power Purchase Agreement¹ (PPA; hereafter, “the PPA”) for electricity generated from wind power. This marks Kyocera’s first wind power-based physical PPA.
Under the PPA, Kyocera will receive electricity generated at Cosmo Eco Power's Chuki Wind Farm, which commenced commercial operations in April 2021, along with the associated environmental value, for use at its various facilities. As a result, Kyocera is expected to achieve an annual CO₂ emissions reduction of approximately 6,300 tons.
In conjunction with the PPA, the parties have also agreed that, starting in April 2026, Cosmo Energy Solutions Co., Ltd. (hereafter, “Cosmo Energy Solutions”), a Cosmo Energy Group company, will procure electricity generated by solar power assets owned and operated by Kyocera, as well as the associated environmental value.
▪️Structure of the PPA
Through this initiative, Kyocera, Cosmo Eco Power, and Cosmo Energy Solutions will strengthen the mutual utilization of wind- and solar-generated renewable energy. Looking ahead, the three companies will further deepen their collaboration toward realizing a decarbonized society by exploring new possibilities for energy use that leverage their respective strengths, including battery storage systems.
▪️Chuki Wind Farm
Exterior view of Chuki Wind Farm
▪️Overview of the Power Plant
| Power plant name | Chuki Wind Farm |
|---|---|
Location | The ridgeline of the Shirama Mountain Range, which extends across the towns of Hirogawa, Hidakagawa, and Aridagawa in Wakayama Prefecture |
Facility capacity | 48.3MW |
- Physical Power Purchase Agreement (PPA): A type of contract under which the consumer procures both physical electricity and its associated environmental value from a renewable energy plant located at a site other than its own
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(The official language for Cosmo Energy Group's filings with the Tokyo Stock Exchange and Japanese authorities, and for communications with our shareholders, is Japanese. We have posted English versions of some of this information on this website. While these English versions have been prepared in good faith, Cosmo Energy Group does not accept responsibility for the accuracy of the translations, and reference should be made to the original Japanese language materials.)