APM Terminals Japan has signed a 20-year offsite corporate Power Purchase Agreement with FPS to supply renewable solar electricity to its operations at the Port of Yokohama, with power delivery commencing on April 1, 2026.
The agreement is expected to deliver annual Scope 2 greenhouse gas emissions reductions of approximately 2.6 ktCO2e by replacing fossil-based grid electricity with solar power generated at newly developed facilities across the Tokyo region with a combined installed capacity of 5.5 MW.
The PPA is structured as a long-term physical agreement, providing a stable and direct supply of renewable electricity while mitigating exposure to energy price volatility.
Any residual electricity demand not covered by the solar supply will be supplemented through market-based sources.
The agreement supports APM Terminals’ global commitment to sourcing 100 percent renewable electricity by 2030 and Maersk’s broader ambition to achieve net-zero greenhouse gas emissions across its entire value chain by 2040.
Masahiko Shirai, Managing Director of APM Terminals Japan, described the PPA as a critical stepping stone toward operating the Yokohama terminal entirely on renewable electricity, highlighting both its contribution to APM Terminals’ global sustainability commitments and its tangible benefit to Japan’s national energy transition by adding new solar generation capacity to the grid.
APM Terminals and A.P. Moller-Maersk advocate physical PPAs as the preferred mechanism for decarbonising electricity consumption, citing their ability to enable additional renewable capacity, physically deliver clean power into national grids and ensure that corporate climate commitments translate into verifiable long-term emissions reductions rather than paper-based offsets.
