Note: The following is an English translation of the Japanese-language original

July 6, 2022
Chofu Bio-Power LLC
Japan Petroleum Exploration Co., Ltd.
TOKYO ENERGY & SYSTEMS INC.
MOT Research Institute, Ltd.
CHOFU SEISAKUSHO CO., LTD.
KAWASAKI KINKAI KISEN KAISHA, LTD.

Start of Construction on Chofu Biomass Power Plant in Shimonoseki City, Yamaguchi
Chofu Bio-Power LLC (CBP) and its five sponsors, which are Japan Petroleum Exploration Co., Ltd.
(JAPEX), TOKYO ENERGY & SYSTEMS INC., MOT Research Institute, Ltd., CHOFU SEISAKUSHO CO.,LTD., and KAWASAKI KINKAI KISEN KAISHA, LTD., announced that CBP has started the construction
work of the Chofu Biomass Power Plant (hereinafter “the power plant”) today, after holding a groundbreaking
celemony at the plant location in Shimonoseki City, Yamaguchi Prefecture.
The power plant will proceed the basement works at first and start construction works for the main unit of
the power plant in April 2023. The commercial operation of the power plant is planned to commence inJanuary 2025.
Construction of the biomass power plant was decided by CBP in September 2021 which the power plant
only use wood pellets as a fuel with an output of 74,950kW. The amount of power generation will beapproximately 520 GWh per year and all of them will be sold to Chugoku Electric Power Transmission &Distribution Co.,Inc., based on the Feed-in tariffs scheme (FIT) for renewable energy.
CBP will conduct the construction and management of the power plant, while the sponsors will be entrustedwith the works related to the power plant from CBP, such as construction management, operation andmaintenance, fuel procurement and transportation in accordance with each company’s capabilities. Thesponsors will also cooperate and support CBP for building and keeping relationships with local government
and neighborhoods.
Please refer to the appendix for the outline of the power plant and CBP as an operator.
CBP and the five sponsors will contribute to expanding the use of electricity derived from renewable energy
sources with low environmental impact and developing local economies, with the understanding and support
from stakeholders of the Shimonoseki area.
(Photos)

Groundbreaking Celemony on July 6, 2022

Image of the power plant (Google Earth overlay)
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[Appendix]
1. Outline of the Power Plant
NameLocation
Land AreaGeneration Method
Output Scale
Generation Fuel
OfftakerElectricity Sales Volume
Business Owner
Asset Management
Constructor
Commercial Operation
Commencement
2. Outline of the Operator
NameIncorporation
Head Office
RepresentativeSponsors

Business Description

Chofu Biomass Power Plant
3-4, Chofuogimachi, Shimonoseki City, Yamaguchi Prefecture
62,800m2
Steam Power
74,950kW
Wood pellets 100% (Imported from overseas)
Chugoku Electric Power Transmission & Distribution Co.,Inc.
(Fixed sales by FIT for 19 years and 11 months, 21JPY/kWh for unit sales price)
Approximately 520 GWh per year (Estimaned)
Chofu Bio-Power LLC
Japex Green Energy Co., Ltd. (100% Subsidiary of JAPEX)
Mitsubishi Heavy Industries, Ltd.
January 2025 (Planned)

Chofu Bio-Power LLC (Abbreviation: CBP)
November 9, 2020
3-4, Chofuogimachi, Shimonoseki City, Yamaguchi Prefecture
Representative Partner: CITRUS General Incorporated Association
Job Executor: HIRANO Kazutoshi
Japan Petroleum Exploration Co., Ltd.
39.9%
TOKYO ENERGY & SYSTEMS INC.
20.0%
MOT Research Institute, Ltd.
15.1%
CHOFU SEISAKUSHO CO., LTD.
15.0%
KAWASAKI KINKAI KISEN KAISHA, LTD.
10.0%
Construction and management of biomass power plant, biomass power
generation, and related businesses(Map)* Added specific information on the map provided by Geospatial Information Authority of Japan###Page 2 / 2