Sojitz and Kansai Electric Ink 20-Year PPA to Supply Green Power to Japan Titanium Facility

Japanese trading house Sojitz Corporation has entered into a 20-year corporate power purchase agreement (PPA) with Kansai Electric Power Company (Kepco) and Osaka Titanium Technologies, under which renewable electricity will be supplied from approximately 200 distributed solar power sites across Japan.

These sites, with a total installed capacity of 10 MW (AC), will be developed and operated by Sojitz and its renewable energy arm Sojitz Mirai Power. The electricity is set to power Osaka Titanium’s Amagasaki plant starting October 2025. According to Kepco's latest emissions data, the renewable energy supply is expected to reduce the plant’s annual CO₂ emissions by around 8,000 metric tons.

Sojitz stated that this agreement contributes to its broader initiative to build 3,000 small-scale distributed solar projects nationwide by fiscal year 2026. Since entering the solar IPP (Independent Power Producer) market in 2009, the Tokyo-based conglomerate has developed and managed 2 GW of renewable energy projects globally, with particularly active footprints in Australia and India.

In 2023, Sojitz—through a 50:50 joint venture with Eneos—completed the 204 MW Edenvale Solar Park in Queensland, Australia. Expanding beyond solar, Sojitz also took a stake earlier this year in a $400 million biomethane platform led by GPS Renewables and Indian Oil, marking its entry into India’s clean gas market as part of its long-term green transformation strategy.

In a recent statement, Sojitz emphasized a strategic pivot toward smaller, distributed energy projects located on unused or hard-to-develop land, diverging from traditional “megasolar” development models in Japan. This shift aligns with the company’s 2026 medium-term management plan, which prioritizes sustainable growth and decarbonization through digitally integrated energy systems, EV-related businesses, and localized renewable energy solutions.