Japan Renewable Energy Tenders

Japan's renewable energy market is experiencing steady growth, with renewables accounting for over 20% of the country's total energy consumption in 2022. This is expected to reach 35% by 2030, driven by government initiatives, declining costs of renewable energy technologies, and growing consumer demand for clean energy. Japan's abundant renewable energy resources, particularly in solar, wind, and geothermal energy, make it well-positioned to achieve its ambitious renewable energy targets.

The Japanese government is committed to promoting renewable energy development and has set a target of achieving 70% renewable energy consumption by 2030. The government is actively supporting the sector through various procurement measures, including:
The Renewable Energy Act 2019, which establishes a framework for promoting renewable energy
The Japanese Energy Regulatory Authority (DERA), which sets the rules for the Japanese energy market and ensures fair competition in renewable energy procurement
The Japanese Renewable Energy Association (GREA), which advocates for renewable energy policies and supports the growth of the sector

The Japanese government procures a wide range of renewable energy products and services, including:
Solar photovoltaic (PV) panels: Solar PV is the largest source of renewable energy in Japan, accounting for over 70% of the country's total renewable electricity generation.
Wind turbines: Wind power is gaining traction in Japan, with over 5 gigawatts (GW) of installed capacity.
Geothermal energy: Geothermal energy is a significant contributor to Japan's renewable energy mix, accounting for around 12% of the country's total renewable electricity generation.
Biomass energy: Biomass energy plays a role in Japan's energy mix, particularly in the form of wood pellets and biofuels.

The top authorities overseeing renewable energy procurement in Japan are:
The Ministry of Environment and Energy (YPEKA)
The Renewable Energy and Energy Efficiency Fund (ENERGETIKI)
The Japanese Electric Exchange (HEEX)

Major companies that have secured significant renewable energy procurement contracts in Japan include:
Ørsted: Ørsted is a global leader in offshore wind power and has a strong presence in Japan, with over 1 gigawatt (GW) of installed capacity.
Vattenfall: Vattenfall is a Swedish energy company with a growing renewable energy portfolio, including wind and solar projects in Japan.
JERA: JERA is a Japanese energy company with a diversified portfolio of renewable energy assets, including solar, wind, and geothermal.

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