{"id":77478,"date":"2019-05-21T12:48:06","date_gmt":"2019-05-21T12:48:06","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/nippon-paper-and-sojitz-create-joint-venture-for-biomass-based-power-generation-company\/"},"modified":"2025-09-19T08:50:47","modified_gmt":"2025-09-19T08:50:47","slug":"nippon-paper-and-sojitz-create-joint-venture-for-biomass-based-power-generation-company","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/nippon-paper-and-sojitz-create-joint-venture-for-biomass-based-power-generation-company\/","title":{"rendered":"Nippon Paper and Sojitz create joint venture for biomass-based power generation company"},"content":{"rendered":"<p><em><strong>Nippon Paper Industries has agreed with Sojitz Corporation to jointly establish a power generation company Yufutsu Energy Center, LLC and conduct a power generation business with biomass mono-fuel combustion, utilizing the feed-in tariff (FIT) system for renewable energy.<\/strong><\/em><\/p>\n<p>According to the announcement, Yufutsu Energy Center plans to install power generation facilities using part of the premises of Hokkaido Mill (Yufutsu), Nippon Paper Industries (Tomakomai-shi, Hokkaido).<\/p>\n<p>Hokkaido Mill (Yufutsu) will start construction work in March 2020 to commence operation by the end of FY2022. The fuel to be used will be fuel-grade woodchips and palm kernel shells (KPS) mainly procured from overseas as well as unused woody materials in Japan. Nippon Paper Industries will be entrusted with the operation and maintenance of the power generation facilities. The generated electricity will be sold to Hokkaido Electric Power Co., Inc.<\/p>\n<p>In advancing the transformation of the business structure, Nippon Paper Industries is focusing on the energy business, utilizing the technology and know-how in power generation it has cultivated in its paper mills.<\/p>\n<p>With this business, under the slogan of \u201cshaping the future with trees,\u201d Nippon Paper Industries will promote the use of wood biomass in the energy business field, which leads to reductions in CO2 emissions, and will expand the business while contributing to the stable supply of electricity and development of Hokkaido.<\/p>","protected":false},"excerpt":{"rendered":"<p>Nippon Paper Industries has agreed with Sojitz Corporation to jointly establish a power generation company Yufutsu Energy Center, LLC and conduct a power generation business with biomass mono-fuel combustion, utilizing the feed-in tariff (FIT) system for renewable energy. According to &hellip; <a href=\"https:\/\/www.timberindustrynews.com\/ro\/nippon-paper-and-sojitz-create-joint-venture-for-biomass-based-power-generation-company\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":62380,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4713,4716],"tags":[3295,3363,3375,4099],"class_list":["post-77478","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-companies-in-the-timber-industry","category-latest-trends","tag-biomass","tag-japan","tag-nippon","tag-sojitz","topic-wood-energy","area-asia-middle-east"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Nippon Paper and Sojitz create joint venture for biomass-based power 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