Marubeni and Taisei team up to develop biomass power plant in Hokkaido

In Japan, Marubeni Corporation and Taisei Corporation, through a special purpose company, “Ishikari area Biomass Power corporation” (hereinafter, “IBP”), have started development of a wood-based biomass power plant (Ishikari Area Biomass Power Plant), with a power generation output of 9,950 kW, at the Ishikari Bay New Port Area in Ishikari City, Hokkaido. 

The biomass power plant will consume locally produced fuel, consisting mainly of unused thinned wood from the central area of Hokkaido, to supply renewable energy. IBP has been registered as a “biomass power plant for local resources1” and is expected to contribute to the revitalization of local forestry. IBP signed a Loan Agreement with Shinkin Central Bank and five other local Shinkin Banks located in Hokkaido, and the first draw down was successfully executed.

Marubeni, alongside Taisei and IBP, will work closely with Ishikari City as well as fuel suppliers with the aim of commencing plant operations in January 2026, and with the kind understanding and cooperation of local residents and other related parties.