Arensis will deliver 40 Entrade E5 biomass to energy units to Japan where the units are expected to generate 16,000,000 kWh of electricity annually. It is the company’s largest global project to date. The agreement was celebrated last week by a special signing ceremony at BaseQ in Tokyo as part of Los Angeles Mayor Eric Garcetti’s trade mission to Asia.
Once finalised, GME will be the supplier of wood pellets and wood chips to be used as feedstock for the energy systems. The electricity will feed into the Japanese grid system and is being set up to be compensated under the Feed-In Tariff (FIT) scheme, established in Japan to move away from nuclear power generation and support biomass solutions for periods of up to 20 years.
“It is a great honour to partner with GME and sign our 2 MW development project in the presence of Los Angeles Mayor Eric Garcetti and his Asia trade mission business delegation” said Julien Uhlig, CEO of Arensis. “Based on an annual production of 16,000,000kWh, the project would help Japan avoid at least 7800 metric tons of greenhouse gas emissions each year. Compared to oil and coal energy production, this one project means a decrease of 150,000 metric tons of greenhouse gas emissions polluting our air over the course of 20 years and exemplifies the importance of renewable energy incentivised programmes.”
Matt Petersen, President and CEO of the Los Angeles Cleantech Incubator (LACI), added that the agreement will help Arensis grow and accelerate market delivery of their technology while helping to meet Japan's goal to reduce their dependency on nuclear power.
Headquartered at LACI in Los Angeles, Arensis CEO, Julien Uhlig, is among the business delegates on the Asia trade mission organized by the World Trade Centre Los Angeles and the Los Angeles Business Council in partnership with the Mayor’s Office. The purpose of the Asia trade mission is to attract foreign direct investment, develop trade opportunities, promote tourism, increase student and cultural exchanges to Los Angeles and advance policy cooperation on issues such as resilience, transportation, climate, innovation and sustainable Olympics planning. The Mayor and his delegation are meeting with key government and private sector leaders in Tokyo, Seoul, Hanoi, Ho Chi Minh City, and Hong Kong.
Image: Arensis
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