JERA Announces the Signing of a Basic Agreement with the Yamato Group Related to Collaboration on Renewable Energy Equipment and its Optimal Utilization Aimed at Achieving Decarbonization of Logistics

JERA Co., Inc (“JERA”) hereby announces that it has signed a basic agreement with Yamato Transport Co., Ltd. (“Yamato Transport”) related to collaboration on renewable energy equipment and its optimal utilization aimed at achieving decarbonization of logistics.

The Yamato Group has established the goal of achieving net-zero greenhouse gas emissions by 2050 and a 48% reduction in greenhouse gas emissions (relative to 2020) by 2030. Major initiatives aimed at achieving these goals include efforts to introduce 23,500 electric vehicles, to install solar power generation equipment at 810 locations, and to raise its rate of renewable energy use to 70%.
Yamato Holdings Co., Ltd., seeking to enhance its energy procurement capabilities and to diversify its sources, and also to contribute to achieving corporate decarbonization through the stable supply of renewable energy to the Yamato Group and other vehicle-using businesses, on 7 January 2025 established Yamato Energy Management, Co., Ltd. as a new company to conduct its electricity business.

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JERA Announces the Signing of a Basic Agreement with the Yamato Group Related to Collaboration on Renewable Energy Equipment and its Optimal Utilization Aimed at Achieving Decarbonization of Logistics

*1    Aggregation Coordinator: A business that bundles distributed energy resources such as consumer-owned solar power generation facilities or storage batteries and trades electricity with general transmission and logistics operators or retail electricity providers.  

*2    24/7 Carbon-Free Energy: A name for electricity that emits no CO2 twenty-four hours a day, seven days a week, 365 days a year. In accordance with the Ministry of Economy, Trade, and Industry's "Guidelines for Retail Sales of Electricity," this means 100% of the electricity consumed comes from zero-CO2 emission power sources and is supplied together with the environmental value derived from the use of non-fossil certificates.