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    Pattern Energy closes financing of Japan's largest offshore wind power and storage project.


    September 15, 2022 - NS Energy

     

      Pattern Energy Group LP and its partner in Japan, Green Power Investment Corporation (GPI), disclosed that it has finalized the funding and started full construction of its 112-megawatt (MW) Ishikari Offshore Wind farm, situated nearly 3 kilometres from the shore of the Ishikari Bay in Hokkaido, Japan. Ishikari Wind will include a battery storage component with 100 MW x 180 MWh of capacity. The financing unit was jointly arranged by Sumitomo Mitsui Trust Bank Limited, Sumitomo Mitsui Banking Corporation, MUFG Bank Ltd, Development Bank of Japan Inc, Mizuho Bank Ltd, Shinsei Bank Limited, and Societe Generale. The project, and supplementary battery storage component, would be commercially operational by Dec 2023. It has a 20-year power purchase agreement with Hokkaido Electric Power Network Inc for the entire power yield. It will use 14 Siemens Gamesa 8.0 MW wind turbines, which are made particularly for offshore use. The SG 8.0-167 DD offshore turbine is made to satisfy local codes and standards concerning typhoons, 50 Hertz operation, seismic activities, and operation in low and high ambient temperatures. The turbines and its supporting structure (pile tower, jacket, and foundation) secured ClassNK certification, confirming it satisfies the strict technical standards needed by the Japanese government to greenlight construction. With the installation of Ishikari Offshore Wind, Pattern Energy has eight clean power units in Japan either under construction or operating - three wind power facilities under construction, and three onshore wind and two solar plants in operation. Original Source: NS Energy, http://www.nsenergybusiness.com.

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