Marubeni Corporation (“Marubeni”) and Palace Hotel Co., Ltd. (“Palace Hotel”) today used certified green power at the venue of Marubeni's 92nd Ordinary General Meeting of Shareholders at the Palace Hotel Tokyo. This is the seventh time that Marubeni has used green energy at its Ordinary General Meeting of Shareholders.

 

Green power refers to electricity that is generated by renewable energy such as hydropower, wind power, biomass, solar power and geothermal power. Unlike power generated by fossil fuels such as oil and coal, green power curbs the production of CO2.

Marubeni and Palace Hotel use the "Green Power Certificate System" that trades in environmental added-value green energy. By purchasing certified green power (1,500kWh) issued by Mibugawa Power Company, a renewable energy operator and 100% Marubeni owned subsidiary, Palace Hotel used green power at the venue of the Ordinary General Meeting of Shareholders.

 

By using the green power system, Marubeni will accelerate environmental measures into its domestic power businesses and continue to promote its environmental efforts in various forms.

 

【Summary of Mibugawa Power Company】

Business Area : Power generation and supply business

Head Office : 4-2, Ohtemachi 1-chome, Chiyoda-ku, Tokyo, Japan

Power Station : Ina City, Nagano Prefecture

Representative : Wataru IKUSHIMA (President)