SUBSCRIBE
PROFILE

Nomura Real Estate signs wind power purchase agreement with wpd in Japan

Nomura Real Estate has signed a power purchase agreement for its new Tokyo headquarters with wpd and GPSS Group, supplying the Higashi Izu Furusato wind project with a capacity of 7.48 MW.

Share:

Subscribe for unlimited access to all energy sector news.

Over 150 multisector articles and analyses every week.

Your 1st year at 99 $*

then 199 $/year

SUBSCRIBE — 99 $ for the 1st year

Create a free account to read this article

*renews at 199$/year, cancel anytime before renewal.

Japanese real estate developer Nomura Real Estate Development Co., Ltd. (Nomura Real Estate) has entered into a long-term power purchase agreement with German group wpd and its Japanese partner GPSS Group (Higashi Izu Wind Power Godo Kaisha). This corporate power purchase agreement (CPPA) concerns the supply of electricity to Nomura Real Estate’s new headquarters in Tokyo, powered by the Higashi Izu Furusato wind project located in Shizuoka Prefecture.

A project on challenging terrain

The Higashi Izu Furusato wind power plant, scheduled to come online in May 2026, will deliver a total capacity of 7.48 MW, distributed across three Enercon turbines. The site, situated on a mountain ridge 120 km southwest of Tokyo, features difficult terrain, requiring special equipment for delivery and construction. All electricity, together with associated certificates, will be supplied to Nomura Real Estate via operator NF Power Services Co., Ltd. (NFPS) in accordance with Japanese regulations.

First grid connection for wpd outside Taiwan

The project marks the first grid-connected installation by wpd in Asia outside Taiwan. According to Hans-Christoph Brumberg, General Manager Asia at wpd, “Higashi Izu will be wpd’s first Asian project outside Taiwan to be connected to the grid”, Recharge reported this statement from wpd on July 15. He also highlighted wpd’s role in supporting major electricity consumers in their long-term procurement strategies.

The Nomura Real Estate Group, through Hiroyuki Nakagawa, General Manager of the Sustainability Management Department, stated that the group aims to secure the supply of renewable energy for its operations, in line with its decarbonisation targets.

Regional deployment and international strategy

In addition to Japan, wpd is active in the wind and solar markets of South Korea, Vietnam, Indonesia, the Philippines, and Mongolia. The company currently has a project pipeline of 19,320 MW in wind and 5,015 MW in solar, reflecting a dynamic development strategy in the Asia-Pacific region.

The signing of this power purchase agreement comes as Japan diversifies its energy production, with security of supply a key issue for industrial and commercial consumers.

Recharge reported that the commissioning of the Higashi Izu plant, scheduled for May 2026, could influence other large Japanese companies in their electricity procurement choices in the coming years.

  • Popular on energynews.pro
The United States Sanctions Greek Shipper for Iranian Oil Trafficking
Metacon confirms partial delivery and receives EUR 14.9 million
Soluna crosses one gigawatt milestone with two new data centres in Texas
Canadian Utilities secures AUC approval for Yellowhead gas pipeline project
China: 25 GW of coal approved in H1 2025, commissioning surges
Polenergia commits 323 millions USD to offshore and storage projects
With 323 millions USD in cash, Polenergia strengthens its investments in offshore wind, solar and storage, targeting more than 2.3 GW of new energy capacity in Poland.
Valorem inaugurates 313 MW wind farm in Finland with 1 TWh annual output
French group Valorem has commissioned the ViIatti wind complex in Finland, made up of two farms totalling 313 MW and an estimated annual output of 1 TWh.
Trump Suspends $9.4 Billion Offshore Wind Project in the United States
The Revolution Wind project, already 80% complete, has been halted by the U.S. administration over national security concerns, creating major uncertainty in the sector.
Quebec allocates $1.5M to meet the demand for wind turbine technicians
Quebec funds a mobile training unit to address the shortage of wind turbine maintenance technicians, estimated at 400 positions by 2029.
Washington launches national security probe into imported wind turbines
The United States Department of Commerce is assessing the strategic impact of wind turbine imports amid rising tariffs and supply chain tensions.
RWE adds 34.2 MW of wind power on a former mining site in Aldenhoven
Six turbines installed by RWE on recultivated land near the Inden mine will supply electricity to around 24,000 households, while two new units are already planned.
Buchan Offshore Wind submits permit applications for a 1GW floating wind farm
Buchan Offshore Wind has submitted its marine consent applications to the Scottish authorities for a large-scale floating wind project, marking a strategic step in energy development in northeast Scotland.
VSB recommissions the Elster wind farm with 105.6 MW of installed capacity
The VSB Group has completed the repowering of the Elster wind farm in Germany, replacing 50 turbines with 16 new Siemens Gamesa machines, increasing the total capacity from 30 to 105.6 megawatts.
Montenegro: The EBRD Injects €26 Million to Expand the Gvozd Wind Farm
The EBRD’s additional financing will raise the capacity of the Gvozd wind farm to 75 MW, making it the largest in the country. This project, led by EPCG, marks a key industrial milestone in Montenegro’s energy sector.
Moscow develops Arctic turbines for the Northern Sea Route
The Russian Ministry of Industry and Trade is announcing "Arctic configuration" wind generators to power infrastructure on the Northern Sea Route, without listing any companies at this stage, with the stated aim of technological sovereignty.
Vestas maintains annual targets despite 44% drop in orders
The Danish turbine manufacturer posted a 14% increase in quarterly revenue, despite a sharp drop in order intake and negative cash flow.
Eurowind secures approval for two 86.4 MW wind projects in Germany
German authorities have approved two onshore wind projects totalling more than 86 MW, with commissioning planned from 2027.
Ørsted launches DKK60 bn capital increase with Danish state backing
Ørsted strengthens its financial structure with a rights issue backed by the state, following the failed partial sale of the US Sunrise Wind project.
Forestalia signs 10-year contract with Galp to refinance wind farm
Forestalia has signed a ten-year power purchase agreement with Galp Energia Espana to refinance a 42.7 MW wind farm in Aragon, securing stable revenues through coverage of 65% of its annual production.
Encavis AG acquires a 34 MW wind farm from PNE AG in North Rhine-Westphalia
Encavis AG continues its growth in Germany with the acquisition of a 34-megawatt wind project in Sundern-Allendorf, sold by PNE AG and secured by a twenty-year feed-in tariff.
Iberdrola receives the final Windar monopiles for its Windanker offshore wind farm
The last monopiles manufactured by Navantia Seanergies and Windar Renovables have been delivered to Iberdrola for the Windanker offshore project, marking a major milestone for the European XXL offshore wind component manufacturing industry.
Envision Energy validates reliability of its two-blade wind turbine with 500 days of stable operation
Envision Energy's two-blade prototype has now reached over 500 days of continuous operation, achieving a 99.3% availability rate and confirming its potential compared to industrial standards.
RWE secures four maintenance vessels to support its offshore wind fleet in Europe
RWE signs long-term agreements with North Star for four new service vessels, strengthening maintenance of its offshore wind farms in the United Kingdom and Germany amid a tight market for specialised maritime capacities.
AMEA Power launches Agadir desalination plant expansion with 150 MW wind farm
AMEA Power partners with Cox for the second phase of the Agadir desalination plant, set to reach 400,000 m³/day with power supplied by a 150 MW wind farm in Laayoune.
The 2 GW Northern Luzon floating wind project reaches key milestone in the Philippines
Buhawind Energy Northern Luzon Corporation secures grid connection study approval, bringing the launch of one of Southeast Asia’s largest offshore wind projects closer.

Log in to read this article

You'll also have access to a selection of our best content.

or

Go unlimited with our annual offer: $99 for the 1styear year, then $ 199/year.

SUBSCRIBE - €99