Initiative for the Sajigawa Small Hydropower Project in Sajicho, Tottori City (Decarbonization Leading Region)
Tottori Bank and Mori to Mizu no Chikara Co., Ltd. are jointly launching a small-scale hydropower project in Sajigawa, Sajicho, Tottori City. This initiative is part of Tottori City's PFI project, selected as a 'Decarbonization Leading Region' by the Ministry of the Environment, involving the establishment of a special purpose company aiming for completion in March 2029.
📋 Article Processing Timeline
- 📰 Published: May 11, 2026 at 21:00
- 🔍 Collected: May 11, 2026 at 12:32
- 🤖 AI Analyzed: May 12, 2026 at 00:49 (12h 17m after Collected)
Tottori Bank (Head Office: 171 Eirakuonsen-cho, Tottori City, Tottori Prefecture; President: Itaru Irie), which operates as a financial institution primarily in the San'in region centered in Tottori Prefecture, and Mori to Mizu no Chikara Co., Ltd. (Head Office: 1118 Shinju, Shimoichi-cho, Yoshino-gun, Nara Prefecture; Representative Director: Ryuzo Kaimoto), which handles small-scale hydropower projects nationwide, have jointly decided to proceed with a small-scale hydropower project in the Sajigawa River in Sajicho, Tottori City.
Background of the Project
This project was selected as a power generation business operator by a consortium of Mori to Mizu no Chikara and Tottori Bank in response to a PFI project publicly solicited by Tottori City, which was selected as a 'Decarbonization Leading Region' by the Ministry of the Environment. To implement the project, a special purpose company, 'Sajigawa Small Hydropower Co., Ltd.', was jointly established as the power generation business operator. Sajigawa Small Hydropower Co., Ltd. concluded a business agreement with Tottori City and a cooperation agreement regarding the Tottori City Decarbonization Leading Region Development Project in March 2026.
From left: Ryuzo Kaimoto, Representative Director of Mori to Mizu no Chikara Co., Ltd.; Yoshihiko Fukazawa, Mayor of Tottori City; Itaru Irie, President of Tottori Bank.
Outline of Small Hydropower Plant Plan (Scheduled)
The scheduled project plan is as follows:
Planned Construction Site
Ooi area, Sajicho, Tottori City
Power Generation Business Operator
Sajigawa Small Hydropower Co., Ltd.
Scheduled Completion Time
March 2029
Maximum Output
Approximately 200kW
Maximum Water Usage
1.7㎥/s
Effective Head
14.65m
*Excerpt from Tottori City's publicly announced 'Tottori City Sajicho Sajigawa Small Hydropower Plant Development and Operation Project Implementation Policy'
Outline of Special Purpose Company
Company Name: Sajigawa Small Hydropower Co., Ltd.
Representative: Ryuzo Kaimoto
Location: 171 Eirakuonsen-cho, Tottori City, Tottori Prefecture (within Tottori Bank Head Office)
Business Activities: Small-scale hydropower business, consulting on natural energy such as hydropower, etc.
Capital: 10 million yen
Shareholder Composition: Mori to Mizu no Chikara Co., Ltd. 95%, Tottori Bank Co., Ltd. 5%
Establishment Date: March 18, 2026
Background of the Project
This project was selected as a power generation business operator by a consortium of Mori to Mizu no Chikara and Tottori Bank in response to a PFI project publicly solicited by Tottori City, which was selected as a 'Decarbonization Leading Region' by the Ministry of the Environment. To implement the project, a special purpose company, 'Sajigawa Small Hydropower Co., Ltd.', was jointly established as the power generation business operator. Sajigawa Small Hydropower Co., Ltd. concluded a business agreement with Tottori City and a cooperation agreement regarding the Tottori City Decarbonization Leading Region Development Project in March 2026.
From left: Ryuzo Kaimoto, Representative Director of Mori to Mizu no Chikara Co., Ltd.; Yoshihiko Fukazawa, Mayor of Tottori City; Itaru Irie, President of Tottori Bank.
Outline of Small Hydropower Plant Plan (Scheduled)
The scheduled project plan is as follows:
Planned Construction Site
Ooi area, Sajicho, Tottori City
Power Generation Business Operator
Sajigawa Small Hydropower Co., Ltd.
Scheduled Completion Time
March 2029
Maximum Output
Approximately 200kW
Maximum Water Usage
1.7㎥/s
Effective Head
14.65m
*Excerpt from Tottori City's publicly announced 'Tottori City Sajicho Sajigawa Small Hydropower Plant Development and Operation Project Implementation Policy'
Outline of Special Purpose Company
Company Name: Sajigawa Small Hydropower Co., Ltd.
Representative: Ryuzo Kaimoto
Location: 171 Eirakuonsen-cho, Tottori City, Tottori Prefecture (within Tottori Bank Head Office)
Business Activities: Small-scale hydropower business, consulting on natural energy such as hydropower, etc.
Capital: 10 million yen
Shareholder Composition: Mori to Mizu no Chikara Co., Ltd. 95%, Tottori Bank Co., Ltd. 5%
Establishment Date: March 18, 2026