*This is a machine-translated text of the original article.

Aeon Co Ltd announced that hypermarket Aeon Style Ebie and shopping center Aeon Fujiidera in Osaka city will be operated as stores where 100% of electricity consumption is covered by renewable energy.

*Hypermarket Aeon Style Ebie to open on March 28 2020; shopping center Aeon Fujiidera opened on September 19 2019.

Shopping center Aeon Fujiidera has already opened, and hypermarket Aeon Style Ebie is scheduled to open on March 28 2020. These are Aeon’s first stores to operate on 100% renewable energy basis.

In March 2018, the company formulated its Aeon Decarbonisation Vision 2050, aiming to eliminate the total amount of CO2 discharged from stores by 2050. It is also participating in RE100, an international renewable energy initiative.

At these two stores, in addition to new energy-saving initiatives, Aeon Fujiidera uses PPA model (*) to consume photovoltaic power, complemented with renewable energy generated by KEPCO (Kansai Electric Power Co Inc) as per its Eco Plan. Aeon Style Ebie will use the Eco Plan as well.

In order to realize a carbon-free society, the company intends to continue to promote a variety of initiatives, including the utilization of renewable energy.

(*) PPA Model: A business model in which PPA operators rent the premises and roofs of electric power consumers to install solar power generation systems and sell the generated electric power to consumers, abbreviated as “Power Purchase Agreement (electric power sales contract) model”

Original Text: https://ampmedia.jp/2020/03/24/aeon-4/