Cosmo Energy Group signs a new contract to directly supply electricity generated from solar power.

Cosmo Energy Holdings (Minato-ku, Tokyo) announced on June 18 that its group company, Cosmo Eco Power, has signed a "Physical PPA" contract with Eneglobal (Tsukuba City, Ibaraki Prefecture) to directly supply solar power to businesses.
Under this contract, renewable energy will be procured for approximately 16 years from seven solar power plants (totaling 7,200 kW) managed by a group company of Eneglobal in Ibaraki Prefecture. The generated electricity and environmental value will be consolidated by the Cosmo Energy Group and supplied to consumers. Cosmo Energy Solutions will be responsible for sales to renewable energy consumers.
The power plants include "agricultural solar" that allows for the coexistence of farmland and solar power generation, contributing to the continuity of local agriculture. Stable sales revenue from electricity is also expected through the utilization of the FIP system.
The Cosmo Group and Eneglobal stated that they will "continue efforts towards the spread of renewable energy and the realization of a carbon-neutral society."

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