News / IR

We hereby announce that Blue Capital Management Co., Ltd. (head office: Minato-ku, Tokyo) and its subsidiary companies that collect and distribute palm kernel shells (PKS): PERIMA ENERGY RESOURCES SDN BHD. (head office: Malaysia, collection yard: Port Klang/Tanjung Langsat) and BLOSSOM BIO ENERGY SDN BHD. (head office: Malaysia, collection yard: POIC SABAH LOT 35A1) acquired the RSPO Supply Chain Certification after an external audit.

“Guidelines for the Formulation of Business Plans (Agency for Natural Resources and Energy),” which biomass power producers in Japan should follow, stipulate that regardless of the main product or by-product (PKS), biomass power producers shall meet the procurement standards for third-party certification and ensure sustainability. In the future, only those products, including by-products, that are certified by a third party and are sustainable will be eligible for FIT.

Blue Capital Management and its corporate group have been preparing for the procurement of sustainably produced PKS by joining the RSPO in October 2020, to contribute to the sustainable production of PKS and palm oil.

We will continue to contribute to the realization of a sustainable society by further enhancing our abilities to stably supply PKS and control quality to meet the needs for renewable energy fuels and by promoting the philosophy and initiatives of the RSPO.

*Regarding RSPO
It stands for the Roundtable on Sustainable Palm Oil.
It is an international non-profit organization for promoting the sustainable production and use of palm oil and was established in 2004 by World Wide Fund for Nature (WWF) and enterprises related to palm oil.

*Supply Chain Certification (SCCS Certification)
SCCS (Supply Chain Certification System) means a system to verify that whether companies meet the requirements for SCCS certification in the manufacturing, processing, and distribution of products made from certified palm oil.

Notice of Acquisition of RSPO Supply Chain Certification Efforts to Ensure Sustainability

Blue Capital Management Co., Ltd. (head office: Minato-ku, Tokyo) is pleased to report that we began operation of the Blue Power Oita Kitsuki 2nd Solar Power Plant in Kitsuki City, Oita Prefecture in September 2021, which is a special high-voltage solar power plant whose project had been under consideration.

Blue Power Oita Kitsuki 2nd Solar Power Plant’s estimated annual power generation is approximately 14.71 million kWh per year, which is equivalent to the average annual power consumption of approximately 4,087 households.
*Supposing that the power consumption of a common household is 300 kWh/month

Our company will contribute to the prevention of global warming and the creation of a recycling-based society, and will continue to actively support projects that use renewable energy.

The overview of the solar power plant is as follows.
[Blue Power Oita Kitsuki 2nd Solar Power Plant]
Site area : 242,368.57 m²(Equivalent to roughly 5.18 Tokyo Domes)
Generation capacity : 11,006.40 kW
Estimated annual amount of electricity generated : 14,715,501.77 kWh
Estimated annual amount of CO2 reduced : 7,710.92 t-CO2/year

Details

On February 15, 2021, Blue Capital Management Co., Ltd. (head office: Minato-ku, Tokyo) started operating the Miyazaki Ebino Solar Power Plant [EPC contract] – a special high-voltage project – that we have been developing in Ebino, Miyazaki Prefecture.

We expected this EPC contract project to involve difficult construction work in a short delivery time from the beginning. Furthermore, we faced a series of difficulties as a result of the impact of COVID-19.
Nevertheless, we were able to complete this project by using optimal schedule management and i-constraction technologies that utilize the latest ICT. This was also made possible by all partner companies working together as one team toward the completion of this project.

We will continue to flexibly respond to all problems without ever giving in to any difficulties we may face. We will also aim to maintain and improve quality, cost, delivery, safety and the environment (QCDSE) as well as to increase efficiency of operations to complete our business. In this way, we will continue to contribute to society in the future.

Miyazaki Ebino Solar Power Plant’s estimated annual power generation is approximately 53.40 million kWh per year, which is equivalent to the average annual power consumption of approximately 14,834 households.
*Supposing that the power consumption of a common household is 300 kWh/month

The overview of the solar power plant is as follows.
[Miyazaki Ebino Solar Power Plant [EPC contract]]
Site area : 579,062.00 m²(Equivalent to roughly 12.39 Tokyo Domes)
Generation capacity : 44,909.92 kW
Estimated annual amount of electricity generated : 53,405,529.57 kWh
Estimated annual amount of CO2 reduced : 27,984.50 t

Details

Blue Capital Management Co., Ltd. (head office: Minato-ku, Tokyo) hereby announces that we have decided to build bulk carriers as cargo vessels connecting Japan and Malaysia for a biomass fuel procurement project in Malaysia that we have been preparing for some time.

We will be able to manage the supply chain in our group on an integrated basis – from cargo collection management to shipping, transportation, sales and consumption – by owning bulk carriers in-house. This will enable us to supply biomass fuel to Japan even more stably.

We are looking to build a total of 10 vessels. We plan to entrust the building of these bulk carriers to shipbuilding companies in Japan and Korea. We will then outsource the shipping management operations.

The movement toward solving global environmental problems will further accelerate in pace with the United States returning to the Paris Agreement and Japan’s 2050 Carbon Neutral Declaration. This is expected to lead to a rapid increase in demand for renewable energy fuel. We will continue to work toward reducing our environmental burden on society and to contribute to the formation of a recycling-orientated society to meet the needs of Japanese and global markets.

The main outline of the bulk carriers we plan to build is below.

[Bulk Carriers]
Total length: 150 m
Breadth: 24 m
Draft: 10.0 m
Gross tonnage: 16,000 DWT
Deadweight tonnage: 11,000 MT
Country of registration: Singapore

Build Bulk Carriers to Transport Biomass Fuel in Malaysia

Blue Capital Management Co., Ltd. (head office: Minato-ku, Tokyo) has acquired “Landmark Golf Club,” a golf course with a solar power station, which is located in Maniwa-shi, Okayama Prefecture (renamed to “Blue Resort Landmark Golf Club”).

For Blue Resort Landmark Golf Club, an outstanding course was designed by Mizuno based on the golf theory of a professional golfer Seiha Chin and is landscaped with ingenuity, so that players can experience the intrinsic pleasure and richness of golf in the thrilling hilly course.
We will also concentrate on the development of next-generation athletes, and support would-be professional golfers by providing them with sites for practice and opportunities to participate in competitions, accepting trainees, and so on.

Holes: 18 holes, par 72
Out: Par 36, yardage: Back: 3,473 yards, Regular: 3,273 yards, Ladies: 3,070 yards
In: Par 36, yardage: Back: 3,394 yards, Regular: 3,223 yards, Ladies: 3,009 yards

A solar power station is attached to the golf course, and a biomass gasification power plant is under construction. By combining them, we will operate the golf course with greener electricity.

Blue Capital Management envisages the development of eco resorts, including villa districts, hotels, restaurants, ski slopes, and golf courses, utilizing a variety of renewable energy, such as solar, wind, and biomass power.
While offering high-quality, fulfilling time and experience with high added value, we will contribute to the prevention of global warming and the establishment of a recycling-oriented society.


The outline of the facility is as follows.
[Blue Resort Landmark Golf Club]
Address: 711 Ueyama, Maniwa-shi, Okayama Prefecture
Designer: Mizuno Corporation (Supervisor: Seiha Chin)
Holes: 18 holes, Par 72
Course type: Hilly course
Course rate: 72.3 (Out, In, Bent)
Adjunct facilities: A practice range, a house, and accommodation facilities
[Blue Power Okayama Maniwa Power Plant]
Output:108.2 kW

At the beginning of 2021, I would like to convey my New Year’s greetings.

I would also like to express my deep condolences to those who have contracted the novel coronavirus. In addition, I would like to express my heartfelt thanks to those who are making efforts to eradicate the novel coronavirus.

At the beginning of 2021, I want to express my thanks from the bottom of my heart to all stakeholders who support Blue Capital Management and other companies of the Blue Group every day.

Since last year, the health and safety of people have been threatened by the COVID-19 pandemic, our economies have been damaged seriously, and then our lifestyles have changed drastically. Corporate activities, too, have been restricted from various aspects. Under these circumstances, Blue Capital Management has promoted telecommuting as part of the BCP and engaged in digital transformation, introducing the ways of working online, to survive the novel coronavirus-ridden age and the post-pandemic era.

In October last year, the Prime Minister Yoshihide Suga declared that “Japan aims to become a carbon-neutral country by 2050” at his policy speech. Amid the global trend of de-carbonization, enterprises are more strongly required to fulfill their social responsibilities, including concrete efforts for ESG and SDGs.
Blue Capital Management will observe laws and regulations, strive to coexist with local communities, and supply energy stably for a long period of time, as an enterprise that carries out business with sustainable business administration by pursuing the harmony among people, society, and the earth environment while flexibly responding to changes in the environment, natural disasters and economic fluctuations and serving as an energy supplier inside and outside Japan.
In addition, as a member of the international society, we will make efforts to solve social issues around the world and realize a sustainable planet.

In 2021, we will keep actively engaging in the renewable energy business, including solar, wind, and biomass power generation.
I believe that it is possible to conduct a variety of businesses with renewable energy.
In the mid/long-term business plan, we will promote initiatives involving different group companies and different businesses and develop eco resorts, including villa districts, hotels, restaurants, ski slopes, and golf courses, utilizing a variety of renewable energy, such as solar, wind, and biomass power.
By developing and bettering idle land, it is possible to contribute to the improvement of the ambient environment, the enhancement of disaster prevention performance, and disaster mitigation. The tax revenues from this project will become stable, long-term funds of the local government, returning benefits to local communities, creating jobs, and vitalizing the economy.
Furthermore, by utilizing eco resorts, we vitalize local communities, develop and support next-generation athletes.
We are also proceeding with a global project of local power generation from renewable energy for local consumption, in which we construct solar power plants in industrial complexes that often suffer power outage in Malaysia and Singapore and supply electric power.

In order to cope with significant changes in the novel coronavirus-ridden age and the post-pandemic era, we create sustainable, new value and solve social issues through our business activities.
This year, too, all of companies of the Blue Group will join hands as “One Team” to make a leap forward. We would appreciate your continued support.

Chairman and CEO
Hideo Harada