BASELOAD CAPITAL COMPLETES THIRD POWER PLANT IN JAPAN

April 26, 2022

Baseload Capital is pleased to announce that its subsidiary, Baseload Power Japan, has completed a third geothermal power plant.

Developed in partnership with Furusato Power generation and the Sansui hot spring inn, Sansui Geothermal Power Plant will produce 350 MWh annually, equivalent to the annual power consumption of roughly 100 households. The Sansui Geothermal Power Plant generates electricity by utilizing steam from an existing hot spring well to turn turbines (manufactured by Climeon, Sweden).

The electricity generated by the new plant will be sold to Kyushu Electric Power through a feed-in tariff (FIT) mechanism. The surplus of hot water will be provided to the Sansui hot spring inn to be used as bathing water for its hot spring operations.

Read the full press release on CISION

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