CitizenfundedCommunityPowerProjects

Japan Green Fund Co.,Ltd.

Toru Suzuki
http://www.greenfund.jp

Organizational Outline
Organization
Name

Japan Green Fund Co., Ltd. JGF

Established

February 2003

Location
Capital
Operating
Structure

Shareholders

4-7-3, Nakano, Nakano-ku, Tokyo, 164-0001, Japan

10,000,000 yen
Representative Director: Toru Suzuki
Directors: Hideo Kato, Tetsunari Iida
Auditor: Hiroyuki Kawai
Citizens Foundation for Renewable Energy Association
This association was founded by NPO Hokkaido Green Fund and
NPO Institute for Sustainable Energy PoliciesISEP

Registration

Type II Financial Instruments Business, Director-general of Kanto

Finance Bureau (Financial Instruments) No. 1811

Main Activities

1. Solicitation, operation and management of citizen investors

concerning citizens wind power projects in various locations
2. Support for business planning and financing of community wind
power projects throughout Japan
3. Development of new business models regarding financing that
contribute to the widespread adoption of renewable energies

Community Wind Power Initiatives

- What is community wind power?
Wind power generation projects undertaken
with the participation of citizens in the
community through such means as investment
- A major business structure in countries such as Denmark
and Germany
- Around 80% of wind turbines in Denmark are owned by
individuals or associations

- Significance and effects

Through citizens themselves taking part,
awareness of environmental energy issues is
raised. In addition, social interest in renewable
energies expands, which helps to promote
introduction
Through these projects, local residents make
use of untapped natural resources in their own
region for the betterment of that region, and
contribute to the formation of a sustainable
society.

Ishikari Community Wind Power Plant

Service commended in January 2008

Track Record of Community Wind Power

-

Cumulative total of 18 installations with facility capacity reaching 28,990kW

(As of January 2015)

Generating enough electric power to supply around 18,000 regular households

(Forecast generating output of 67 million kWh / year)

2015
(18 installations,
28,990kW)

Chronology of Community Wind Power

(As of January 2015)

Cumulative Facility Capacity and Number of Installations Displayed

2005 (5 installations, 7,140kW)

2008
(11 installations,
2007
(10 installations, 15,790kW)
Kanamichan
14,140kW)
Namimaru (Ibaraki) (Hokkaido)

2010
(12 installations,
Aikazemirai&koufukumaru
17,770kW)
(Hokkaido)
Notorin (Ishikawa)

Left: Karinpu (Hokkaido)

Right: Kazeruchan (Hokkaido)

2006
(9 installations,
12,640kW)

2001 (990kW)
Hamakazechan (Hokkaido)

2003(3 installations,3,990kW)
Wanzu
Tenpumaru
(Aomori)
(Akita)

2016 onwards
Plans being
formulated

2013 (16 installations, 24,990kW)

Left: Nishime Wind Power Plant (Akita)
Right: Mukaihama Wind Power Plant (Akita)

2012 (14 installations, 21,750kW)

Yumekaze (Akita) Fumin (Akita)

Magurun-chan (Aomori)

Kantaro (Akita), Kazekomachi (Akita), Kazami (Chiba)

Start of Operation: September 2001

Hamakaze-chan (Hamatonbetsu-cho, Hokkaido)

- Wind turbine manufacturer: Bonus (Denmark)

- Power generating capacity: 990kW
- Expected Output: Approx. 2.8 million kWh
(power for approx. 900 homes)
- Total business costs: Approx. 200 million yen
- Community Participation: 141.5 million yen

[Godparents]
Haruka Suzuki (5th grade, Shanai Elementary School)
Ryota Takiguchi (6th grade, Hamatonbetsu Elementary School)

March 2003

Tenpumaru (Katagami, Akita Prefecture)

Power generating capacity: German Repower,

1,500kW
- Expected Output: Approx. 3 million kWh (power
for approx. 1,000 homes)
- Total business costs: Approx. 380 million yen
- Community participation: 109.2 million yen

Gathering Smiles with Community Wind Power

Giving a gift towards our childrens future

Isnt my wind turbine fantastic?

From throughout Japan, people gather under community wind turbines!

Significance of Community Investment Participation

Community investment-type (renewable) energy projects offer multi-faceted added value
not present in projects financed by existing companies.
To Stakeholders
- An opportunity to contribute to the environment (Environment)
- We can do this (power generation, participation in business, etc.) ourselves!
(Awareness of Ownership)
- More rewarding than giving a donation and the investment has greater expected
profits than bank deposits or postal savings (Economic Efficiency)
- Involvement of energy consumers in energy production (Higher Awareness of
Selecting Energy for Oneself)

To Business Operators
- Direct financing method (risk money with low financing cost), etc.
- Resolving of site specific conflicts is made easier (eg. view and noise problems,
issues with various interests and rights)

To (Regional) Society
- Creation and development of a wide range of small-scale renewable energy
projects in which large companies cannot take part
- Creation of a community-based energy industry
- Environmental education and environment awareness-raising effects on the local
community

Japans first community investment-type wind power plant

(Hamakaze-chan in Hamatonbetsu-cho, Hokkaido)

List of Citizen-funded Community Power Projects

2001 to 2003: List of Citizen-funds (Before Establishment of Japan Green Fund )
Units of
Investment

Amount
Invested

No. of

Fund Name

Type

Funding
Year

Community Wind Power Plant / Hamatonbetsu

No. 1 Anonymous Collective

Wind

2001

500,000

141.5 million

283

17 yrs.

217

Hamatonbetsu Community
Wind Power Co., Ltd.

Community Wind Power Plant / Aomori No. 1

Anonymous Collective

Wind

2003

100,000

120 million

1200

15 yrs.

488

Citizen Energy Co., Ltd.

Community Wind Power Plant / Akita No. 1

Anonymous Collective

Wind

2003

A: 50,000
B: 500,000

67.6 million

A: 352
B: 100

Rnd. A: 10 yrs.
Rnd. B: 15

400

Wenet Akita Co., Ltd.

Units

Contract period Investors

fund business operator

2003 onwards: After Establishment of Japan Green Fund (Japan Green Fund Achievements)
Fund Name

2
3
4
5

Community Wind Power Plant / Aomori No. 1 Akita No. 1

Silent Partnership
Community Wind Power Fund / Community Wind Power Plant /
Ishikari
Community Wind Power Fund / Ishikari Community Wind Power
Plant
Community Wind Power Fund 2006 (Ooma / Akita / Hasaki /
Unakami) Silent Partnership
Community Wind Power Construction Support Fund (Monzen
Wind Farm) Silent Partnership

Units of
Investment

Units

Contract
period

100 million

1000

10 yrs.

502

500,000

235 million

470

15 yrs.

266

2004

500,000

235 million

470

15 yrs.

330

Wind

2005

500,000

860 million

1720

15 yrs.

1043

Wind

2006

100,000

90 million

900

3 yrs.

229

Type

Funding
Year

Wind

2003

100,000

Wind

2004

Wind

Amount
Invested

No. of
Investors

fund business operator

Japan Green Fund Co., Ltd.

Community Wind Power Fund 2008 Ishikari Silent Partnership

Wind

2007

500,000

235 million

470

15 yrs.

319

Community Wind Power Fund 2010 Wajima Monzen Silent

Partnership

Wind

2009

100,000

99million

495

15 yrs.

183

Wajima Monzen Co., Ltd.

Yamaguchi Solar Fund 2014 Disaster relief donation with

Solar

2014

61.54million

A:346
B:32

A:10 yrs.
B:20 yrs.

178

Yamaguchi Community
Energy Asset Co., Ltd.

Houtoku Solar Community Fund

Solar

2014

100,000

100million

1000

10

179

Houtoku Solar 1 Co., Ltd.

10

Aizu Solar Community Fund 2014

Solar

2014

200,000

99.8million

499

11 yrs.

125

Ai Power Asset Co., Ltd.

11

Community Wind Power Fund 2014 Ishikari Atsuta

Solar

2014

200,000

99million

495

15 yrs.

118

12

Yamaguchi Solar Fund 2014

Solar

2014

250,000

17.5million

70

21 yrs.

29

13 Hashikami mirai Energy Fund

Solar

2015

200,000

75.4million

377

16 yrs.

95

14

Solar

2015

200,000

95.4million

477

16 yrs.

136

Ogatamura Solar Fund LLC.

15 Niigata Community Solar Support Fund 2016

Solar

2016

100,000

67million

670

20 yrs.

105

Oratte Community Energy

Co., Ltd.

A:100,000
B:1,000,000

Aikaze Community Wind

Power Fund Co., Ltd.
Yamaguchi Community
Energy Capital Co., Ltd
Hashikami Mirai Energy
Park Co., Ltd.