Japan-based renewable energy company Vena Energy held ground-breaking ceremony for the Nakaura Wind Project, in Saikai City, Nagasaki Prefecture, Japan. The Project is scheduled to commence construction in December 2023.
The project is set to supply clean energy to more than 4,000 Japanese households in the area. The construction for the wind project will be supervised by Vena Energy Engineering K.K, the licensed engineering, procurement, and construction (EPC) entity of Vena Energy, from the design stage to the management of contractors for the project. This is expected to levelise a cost of energy (LCOE) for the project.
“We look forward to delivering the Nakaura Wind Project to our host communities, and we will continue to work closely with our partners and stakeholders to accelerate the energy transition in Nagasaki, and in Japan,” said, Raul Rienda, Country Head of Vena Energy Japan.
It may be noted that Vena Energy operates 80 projects with a total capacity of 2.7 GW across seven countries. An additional 1.2 GW of onshore wind and solar PV projects are contracted from their development pipeline.
The company is also developing over 19 GW of offshore wind projects in key markets such as Japan, North Asia, Australia, and Southeast Asia. In energy storage, Vena Energy has commenced commercial operation of the Wandoan South Battery Energy Storage System (BESS) in Queensland, Australia. They are also constructing a combined battery and solar PV project in South Australia, totaling 159 MW and expected to begin operation in 2023. An additional 6 GW of storage capacity is currently in development across Australia, Japan, and Taiwan.