San-in Godo Bank Introduces Off-site Corporate PPA in Collaboration with Local Power Companies

The San-in Godo Bank, Ltd. (President: Hiroshi Yoshikawa) announced today that, as part of its efforts to expand renewable energy and promote decarbonization in the region, it has introduced an off-site corporate PPA service provided by Gogin Energy Co., Ltd. (Representative Director: Tetsuya Agui) at 30 of its business locations. ■ Overview of Off-site Corporate PPA Service and Roles of Each Operator This off-site corporate PPA service (hereinafter, "this service") involves Gogin Energy Co., Ltd. developing solar power plants, and Local Energy Co., Ltd. (Representative Director: Norihiro Kato) and Tottori Shimin Denryoku Co., Ltd. (Representative Director: Taichi Kojima) acting as retail electricity providers to supply electricity to 30 business locations of San-in Godo Bank. For the implementation of this service, Gogin Energy Co., Ltd. has a business alliance agreement with Clean Energy Connect Co., Ltd. (Representative Director: Teppei Uchida), receiving support from the latter for solar power plant development, electricity bill settlement, and coordination among stakeholders. ■ Local Production for Local Consumption of Electricity through Collaboration with Local Power Companies This service aims to create a local production for local consumption model where the creation of renewable energy, power transmission, and all electricity consumers are companies headquartered in the San-in region, circulating electricity locally. Furthermore, by collaborating with Clean Energy Connect, which has extensive knowledge and experience in off-site corporate PPAs, a long-term and stable service is realized. As the first phase, this service will be provided to San-in Godo Bank. ■ CO2 Emission Reduction Effect by This Service The CO2 emission reduction effect from this initiative is expected to be approximately 500 t-CO2 per year, which corresponds to about 13% of San-in Godo Bank's total Scope-2 emissions (compared to FY2024). San-in Godo Bank, Gogin Energy, and Clean Energy Connect will disseminate and develop this initiative as a concrete example of renewable energy introduction promoting community-rooted decarbonization. They will continue to contribute to regional decarbonization by offering it as a solution for decarbonization management to local corporate customers. Consumer: The San-in Godo Bank, Ltd. PPA Introduced Locations: San-in Godo Bank branches (30 locations) PPA Service Provider: Gogin Energy Co., Ltd. PPA Operation Support Provider: Clean Energy Connect Co., Ltd. Collaborating Retail Electricity Providers: Local Energy Co., Ltd. / Tottori Shimin Denryoku Co., Ltd. Power Plant Capacity: Approx. 1.0MW (11 power plants in San-in/Sanyo) Annual Planned Power Generation: 920,000kWh (at transmission end) CO2 Emission Reduction Effect: Approx. 500 t-CO2 per year Operation Start Date: April 1, 2026 ■ Coexistence with the Community: Introduction of Disaster-ready Outlets [Sonaeru Concent®] The Non-FIT small-scale solar power plants developed specifically for San-in Godo Bank in this initiative will be equipped with disaster-ready outlets "Sonaeru Concent®" that allow local residents to use electricity in the event of power outages due to disasters in the power plant's installation area. This aims to improve resilience in the power plant's installation area and further foster coexistence with the community.