Financial News

Kioxia Installs Solar Power Generation Systems at Kitakami and Yokkaichi Plants in Japan in Major New Sustainability Initiative

Kioxia Group is increasing the usage of renewable energy by installing large-scale solar power generation systems for the first time at its Kitakami Plant and Yokkaichi Plant. Installed on the rooftop of flash memory fabrication facilities, the new solar power systems will be the largest of their kind at any semiconductor plant in Japan.1 With a total generating capacity of about 7.5 megawatts (MW), the new solar power systems are expected to generate about 7,600 megawatt hours (MWh) of electricity annually for Kioxia and reduce carbon dioxide emissions by about 3,200 tons per year. With the new solar power systems, we will accelerate our efforts to address climate change, one of the key objectives of our management strategy.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230131006201/en/

Kitakami Plant Fab1 rooftop (Photo: Business Wire)

Kitakami Plant Fab1 rooftop (Photo: Business Wire)

The solar power generation system at Fab1 of our Kitakami Plant became operational recently while the system at Fab6 of our Yokkaichi Plant will be operational in June of this year.

Kioxia Group has set the goal of sourcing 100% of its energy from renewable sources by FY2040, including solar power. We will continue to address climate change proactively and aim to develop sustainably for the benefit of society.

For more information about Kioxia’s climate change initiatives, please visit the following website:

https://www.kioxia-holdings.com/en-jp/sustainability/environment/climate.html

Summary of Kioxia Group’s Solar Power Generation System

 

Kitakami (Fab1)

Yokkaichi (Fab6)

Power generation capacity

Approx. 3,600 kW

Approx. 3,900 kW

Estimated annual power generation

Approx. 3,500 MWh

Approx. 4,100 MWh

Annual CO₂ reduction

Approx. 1,600 tons

Approx. 1,600 tons

Operation start date

January 20, 2023

Scheduled for June 2023

The systems will be operated and maintained under a Power Purchase Agreement (PPA) model.2

1 Based on Kioxia research (as of February 1, 2023)

2 PPA operators own the solar power generation equipment and are responsible for installation and maintenance of the system; third parties that make the necessary space available (in this case Kioxia) purchase the electricity generated at the sites from the operators.

Contacts

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.

Use the myMotherLode.com Keyword Search to go straight to a specific page

Popular Pages

  • Local News
  • US News
  • Weather
  • State News
  • Events
  • Traffic
  • Sports
  • Dining Guide
  • Real Estate
  • Classifieds
  • Financial News
  • Fire Info
Feedback