Ichinoseki Solar Power Project Update

GPSC By 2030, renewable energy will be the third largest portion of Japan's electricity resources Share of electricity generated by fuel (%) 1% 12% 20% Nuclear 27% 14% 11% 24% Renewable 7% 30% 3% Oil 24% 26% Coal 43% 30% 27% Natural gas 2010 2013 2030 Japan's Renewable Generation Mix Forecast (Unit: GW) Geothermal 1.0-1.1% Wind 1.7% Biomass 3.7-4.6% Hydro 8.8-9.2% 330 Solar 7.0% 2030 Source: U.S. Energy Information Administration (EIA), METI and Bloomberg New Energy Finance 2 Before the Fukushima incident portion of renewable energy is the second lowest source of fuel in Japan After the Fukushima incident in March 2011, Japan's Government have reconsidered their reliance on nuclear power and shifted towards renewable energy In 2030, renewable energy will be doubled its portion from 2013 to be approx. 24% of total electricity generation The total electricity generation is expected to be 330 GW in 2030 According to the Government's policy, renewable energy will paly more role in the future where it will be approx. 22-24% of total generation in 2030 Solar will increase its portion to 7% of total generation within 2030 which is accounted for 20-23 GW GID Knowledge Sharing

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