Announcement Regarding the Conclusion of an Agreement for the Installation of Solar Power Generation Facilities Towards a Power Purchase Agreement (PPA) for Electricity Supply at Public Facilities in Minamisoma City, Fukushima Prefecture
Fintech Global Inc.'s joint venture, PMC & Public Denryoku, signed an agreement to install solar power facilities for Minamisoma City's public buildings under a PPA scheme. This initiative supports the city's zero-carbon goals and renewable energy targets.
📋 Article Processing Timeline
- 📰 Published: April 9, 2026 at 20:30
- 🔍 Collected: April 9, 2026 at 12:00
- 🤖 AI Analyzed: April 20, 2026 at 08:43 (260h 42m after Collected)
Public Management Consulting Inc. (hereinafter referred to as "PMC"), a subsidiary of Fintech Global Inc. (hereinafter referred to as "FGI"), and Public Denryoku Inc. (hereinafter referred to as "Public Denryoku"), two companies forming the 'PMC & Public Denryoku Joint Venture,' applied for the '2025 Fiscal Year Minamisoma City Public Facilities Solar Power Generation Facility Introduction Project' (hereinafter referred to as 'This Project') through a public proposal. As a result of the review, they were selected as the first preferred bidder, and an agreement for the installation of solar power generation facilities towards the conclusion of a Power Purchase Agreement (PPA) for electricity supply by solar power generation facilities etc. in This Project was concluded on March 31, 2026. We hereby announce this.
This Project is being implemented as an initiative to achieve Minamisoma City's goal, as set forth in the 'Minamisoma City Zero Carbon Promotion Plan,' of having over 50% of public facilities introduce renewable energy by fiscal year 2030.
At the City Hall North Building and one other facility, the 'PMC & Public Denryoku Joint Venture' will act as the power producer. They will install, own, operate, and maintain solar power generation facilities etc., by utilizing the Ministry of the Environment's Regional Decarbonization Transition and Renewable Energy Promotion Subsidy and through self-funding. By supplying the generated electricity to these facilities, greenhouse gas emissions will be reduced, and the proportion of public facilities introducing renewable energy will be increased.
Minamisoma City conducted a public proposal to select the power producer for This Project. In response, PMC, which has extensive transaction experience with local governments through support for public facility management*, and Public Denryoku, which possesses specialized personnel for the development and operation of solar power generation facilities, formed the 'PMC & Public Denryoku Joint Venture' and submitted a project proposal that meets the specifications and various conditions set by Minamisoma City.
This Project is being implemented as an initiative to achieve Minamisoma City's goal, as set forth in the 'Minamisoma City Zero Carbon Promotion Plan,' of having over 50% of public facilities introduce renewable energy by fiscal year 2030.
At the City Hall North Building and one other facility, the 'PMC & Public Denryoku Joint Venture' will act as the power producer. They will install, own, operate, and maintain solar power generation facilities etc., by utilizing the Ministry of the Environment's Regional Decarbonization Transition and Renewable Energy Promotion Subsidy and through self-funding. By supplying the generated electricity to these facilities, greenhouse gas emissions will be reduced, and the proportion of public facilities introducing renewable energy will be increased.
Minamisoma City conducted a public proposal to select the power producer for This Project. In response, PMC, which has extensive transaction experience with local governments through support for public facility management*, and Public Denryoku, which possesses specialized personnel for the development and operation of solar power generation facilities, formed the 'PMC & Public Denryoku Joint Venture' and submitted a project proposal that meets the specifications and various conditions set by Minamisoma City.