Baseload Capital starts fourth operation in Japan
Baseload Capital announces that its subsidiary, Baseload Power Japan has officially begun its fourth geothermal power operation.
The operation represents the second phase in the development of Sansui Geothermal Power Plant, in partnership with Furusato Power generation and hot spring inn Sansui.
The two operations combined will produce 700 MWh annually, equivalent to the annual power consumption of roughly 200 households.
"The fact that both operations share the same well did pose some technical challenges, such as ensuring stable power generation", said Ryuta Hiratsuka, Representative Director of Baseload Power Japan KK. "Those technical difficulties have been overcome and this renewable resource is now being used to its full potential".
As with Baseload’s recently completed geothermal plant, this fourth power plant utilizes Climeon as its supplier.
“Climeon is a proud supplier to the Sansui Geothermal Power Plant in Waita, Kumamoto. This marks our 4th HeatPower system in operation on the Japanese geothermal market,” said Veronica Wänman, Head of Geothermal & Business Development at Climeon.
"We are proud to add a second operation to Sansui Geothermal Power Plant in Waita, Kumamoto", said Pernilla Wihlborg, COO of Baseload Capital. "This represents another step towards our vision of a planet in balance".
For more information, please contact:
Alexander Helling CEO of Baseload Capital
alexander.helling@baseloadcap.com
Pernilla Wihlborg, COO of Baseload Capital/CEO of Baseload Power
pernilla.wihlborg@baseloadcap.com
About Us
Baseload Capital is a specialized investment entity that funds the deployment of heat power worldwide. Our portfolio of companies in Iceland, Japan, Taiwan and the U.S. work with local communities and power companies to permit, build and commission heat power plants.
Heat power is an affordable form of renewable energy that can be harnessed from either geothermal resources or waste heat. By applying innovative financing structures to help our local operators build and run the heat power plants, Baseload Capital can help nations quickly transition away from fossil fuels and toward energy independence. The result will lead to more resilient societies and a planet in balance.
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