According to Nikkei, Japanese trading house Mitsubishi Corp. will start selling renewable electricity certificates that buyers can use as offsets for their energy consumption. The first buyer is Murata Manufacturing, an electronic components maker and one of major Apple suppliers.
This will be Japan's first case of a virtual power purchase agreement. Mitsubishi will invest more than US$74 million to develop 70 megawatt solar power plants in Japan by the end of March 2026 and then separately sell renewable energy certificates to those who want to use them as offsets.
