Mitsubishi : Appointed Operators For the Offshore Wind Power Generation Project off the coast of Yurihonjo City, Akita Prefecture

Mitsubishi Corporation Energy Solutions Ltd., Venti Japan Inc., C-Tech Corporation, and Mitsubishi Corporation, are pleased to announce that on December 24, 2021, a consortium represented by Mitsubishi Corporation Energy Solutions Ltd. received the notification from the government of Japan1 that the consortium members had been appointed as operators for the promotion-zone offshore wind power generation project off the coast of Yurihonjo City (northern side and southern side), Akita Prefecture. In accordance with Japanese legislation to promote the use of its marine areas for renewable power generation2, the project's objective is to encourage the development of such infrastructure off the coast of Yurihonjo City. The consortium is partnering with companies including Amazon.com, Inc., NTT Anode Energy Corporation and Kirin Holdings Company, Limited, on a regional promotion strategy and has already made concrete proposals under its exclusive public occupancy plan.

This is the first bottom-fixed offshore wind power generation project in the general-sea-area in Japan. As one of the largest power sources in Japan, this project will provide large contributions to make renewable energy a main power source, which is one of the key goals for Japan to realize carbon neutral society by 2050. The total installed capacity of the project's wind turbines
is expected to be 819MW, enough to meet the power demands of approximately 600,000 Japanese households. This project also contributes to the climate change mitigation initiatives of the consortium members and the partners, as detailed in the following.
The consortium will commence this project subsequent to its final investment decisions.
1. Ministry of Economy, Trade and Industry and Ministry of Land, Infrastructure, Transport and Tourism
2. Act on Promoting the Utilization of Sea Areas for the Development of Marine Renewable Energy Power Generation Facilities

Under the "Create the Next" vision, the consortium is endeavoring to achieve several key goals. The first is to effectively balance energy stability and decarbonization. The second is to collaborate and coexist with regional interests as a responsible corporate citizen that is rooted in the local community. The third is to contribute to help Japan realize carbon neutrality by 2050 through local production for local consumption of energy,

Amazon.com, Inc.：The Climate Pledge
Amazon is committed to building a sustainable business for our customers and the planet. In 2019, Amazon co-founded The Climate Pledge-a commitment to be net-zero carbon across our business by 2040, 10 years ahead of the Paris Agreement, and we are on a path to powering our operations with 100% renewable energy by 2025 as part of our goal to reach net-zero carbon.

C-Tech Corporation：Environmental management policy
Strongly recognizing that the conservation of the global environment is a critical issue common in the world, C-Tech Corporation aims to be a company that continuously meets the trust and expectations of the society by promoting environmental conservation and environmental business, and contributing to the establishment of a sustainable society, through our main business such as electric power, information communication, civil engineering and renewable energy.

Kirin Holdings Company, Limited：Kirin Group's Environmental Vision 2050
The Kirin Group aims to have a positive impact on society and enrich society and the Earth for future generations. Together with its broad stakeholders, we will create a society that has overcome climate change and we will lead to build a decarbonized society.

Mitsubishi Corporation Energy Solutions Ltd.：Corporate Vision
"Create the "Next" by power of energy"
We aim to play a significant role in achieving the carbon neutrality through the commitment to the development of the upstream areas of Japan's power business such as renewable energy/clean energy while leveraging our nationwide-stakeholders-network and project development functions.

Mitsubishi Corporation：Roadmap to a carbon neutral society
"A New Future. Together."
The Mitsubishi Corporation Group will continue to fulfill its responsibility as an active player in industries including resources and energy by maintaining a stable supply of energy, such as natural gas, while providing decarbonized solutions and reduce GHG gas emissions halved by FY2030 (FY2020 baseline), and achieve net zero emissions by 2050.

NTT Anode Energy Corporation：Corporate Message
As a company focused on leveraging the technology and assets of the NTT Group in pursuit of "smart energy" business opportunities, NTT Anode Energy is working to develop and deliver energy solutions that make more sophisticated and efficient use of distributed energy resources such as renewable power generation facilities and storage batteries. In this way, it can fully express the unique synergies of the NTT Group. Through these efforts, we aim to work with partner companies to create new energy distribution mechanisms to help to revitalize industries and shape a more sustainable society.

Venti Japan Inc.：Corporate Vision
"Supply Japan's Energy from Akita"
We will contribute to prosperity of the local society and industries by utilizing the rich wind energy resources bestowed in the Japan Sea side region including Akita. We develop wind power plants and expand our business to the related fields like plants operation, facility maintenance and administration so that we should be a core partner to support new energy industries evolving nationwide.

Project Summary

Applicable Promotion Zone	Off the coast of Yurihonjo City (Northern side and southern side), Akita Prefecture
Power Generation Infrastructure	Bottom-fixed offshore wind power generating facilities
Location	Yurihonjo City, Akita Prefecture, Japan

Location of the Promotion Zone