Global technology leader Seiko Epson Corporation (Epson) is planning the construction of the company’s first biomass power plant, in Iida City, in Nagano Prefecture, Japan. Epson expects to have the plant in operation in the 2026 fiscal year (ending March 2027) and is moving to secure the land and buildings, contract construction, and file the paperwork for power generation.
Epson publicly committed to becoming carbon negative and underground resource free in Environmental Vision 2050. The use of renewable electricity is a key means by which Epson seeks to reach its goal of decarbonization and, in December 2023, Epson completed the switch to 100% renewable electricity at all Epson Group sites around the world.
The new power plant is intended to provide Epson with self-generated renewable electricity on a continuous basis and reduce the ratio of electricity the company purchases from external power companies, thereby promoting wider public adoption of renewable electricity. Epson plans to construct the plant on the site of the former Kiribayashi Clean Center, which the Minami Shinshu Wide-Area Union shut down in December 2017.
The electricity generated will be sold to the market under a feed-in premium (FIP) scheme, and Epson will convert the electricity that it uses into renewable electricity by leveraging the environmental value created through power generation. Moreover, the power is expected to be supplied to local facilities in the event of a disaster or other emergency. The power plant will not depend on fossil fuels.
