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JERA Cross and Actis-backed Nozomi Energy sign energy supply contract in Japan
Transactions - MAY 30, 2025

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JERA Cross and Actis-backed Nozomi Energy sign energy supply contract in Japan

by Kali Persall

JERA Cross, a Japanese power generator and a subsidiary of JERA, and Nozomi Energy, a Japan-focused renewable-energy platform established by Actis, have signed a corporate power-purchase agreement for specified wholesale electricity supply.

JERA Cross has been pursuing efforts toward achieving 24/7 carbon-free electricity, such as through the commercial use of Japan's first zero-emission thermal power generation using hydrogen.

Leveraging the specific wholesale supply agreement, electricity generated at Nozomi Energy’s Project Maki solar power plant will now be supplied to consumers. In addition, the partners have achieved hourly matching, which enables the tracking of electricity consumption and generation on an hourly basis, ensuring transparency in supply-demand matching.

“By combining power supply utilizing specific wholesale supply with hourly matching, we have created a valuable service that simultaneously ensures reliability, environmental friendlines

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