Article

Nomura Real Estate and Clean Energy Connect have initiated a joint renewable energy project comprising 550 solar plants across Japan. This venture marks a shift from government subsidies to corporate power purchase agreements (PPAs), with annual generation expected to be 52.5 million kWh, covering 40% of Nomura's electricity needs. The project supports Nomura's goal of reducing carbon emissions by 60% by 2030 and includes features for community resilience during disasters.