UPDATER Inc., Yokohama College of Commerce, and Odawara Kanagote Farm LLC announced that they will supply electricity derived from solar sharing (agrivoltaics) in Odawara to all campuses of Yokohama College of Commerce via a Power Purchase Agreement (PPA), transitioning the university's operations to 100% renewable energy.
This is the first 100% renewable energy initiative for a university in Kanagawa Prefecture and the first nationwide to be initiated by a solar sharing PPA. Through the 'face-visible electricity' service provided by UPDATER, the initiative aims to link students with energy, agriculture, and regional revitalization, practicing commerce education centered on electricity.
Odawara City supplies water from the Sakawa River to Yokohama City. By leveraging this long-standing connection, the project serves as a new regional symbiosis model of local production for local consumption for both water and energy.
FACT BOX
- Source: PR TIMES
- Category: Partnership