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Publisher: juwi AG

Shizen Energy and juwi Group Announce International Joint Venture

- juwi Shizen Energy Inc. fosters the expansion of renewable energies in Japan targeting 1GW by 2017
- First free-field photovoltaic system has been completed and is already feeding in clean energy to the Japanese grid.

Tokyo / Singapore - The new company juwi Shizen Energy, headquartered in Tokyo, is the result of the successful cooperation between Shizen Energy Inc. and the German juwi group. The companies combine first class international expertise and outstanding Japanese project development expertise plus an excellent track record. juwi Shizen Energy will support the Japanese in their effort to accelerate the expansion of renewable energies in their country. Today the two companies announced their cooperation at the JETRO Invest Japan Business Support Center in Tokyo. Their first project – a free-field photovoltaic system on the Japanese island Kyushu – was already connected to the grid mid-December. Furthermore, the company has a project pipeline of 120 MW in 2013 and is targeting to install 1 GW by 2017. Thus juwi Shizen Energy Inc. will bring affordable, secure and sustainable energy to the land of the rising sun.

\"We are very happy to strengthen our proven cooperation with juwi in this joint venture. The company belongs to one of the most successful and experienced project developers worldwide. We are confident that their experience and our know-how of the Japanese market will contribute considerably to the energy revolution in Japan,\" said Ken Isono, CEO of Shizen Energy.

\"Japan offers very good conditions for renewable energies. On the one hand there are good solar radiation levels and on the other there are many good spots for wind energy. With these preconditions the country can reduce its dependence on imported fuels and create new investments and many new jobs. Renewable energies are a great opportunity for Japan,\" adds Martin Winter, Chief Financial Officer of the juwi Group.

The first project of juwi Shizen Energy was already connected to the grid mid of December 2012 and runs smoothly. The free-field photovoltaic system is located near Kumamoto City on the island Kyushu in the south of Japan. It has an output of one megawatt and will produce eco-friendly electricity for approximately 300 households. The construction of the project started at the end of October. \"We are planning to construct more projects all over Japan. In addition to free-field photovoltaic systems we are also building roof-top photovoltaic systems,\" explains Masaya Hasegawa, Managing Director and founder of Shizen Energy and Representative Director of juwi Shizen Energy.

\"We are convinced that it is possible to supply all energy needs with secure and environmentallyfriendly sources of energy. 100 per cent renewable energies are not only possible but are a key element for an independent and sustainable future in Japan and elsewhere around the world,\" says Amiram Roth-Deblon, juwi Regional Director Asia Pacific and Representative Director of juwi Shizen Energy.

About juwi Shizen Energy
juwi Shizen Energy is a joint venture between Shizen Energy Inc. and the juwi group. The joint venture was formed in 2013 with the aim of expanding renewable energies to Japan. It is headquartered in Tokyo and offers project development, EPC services, Operation and maintenance, and project financing in the field of solar and wind energy.
Shizen Energy Inc. was founded in 2011 and is based in Tokyo. The company staff is very experienced in developing renewable energy plants. The three founders and representative directors of Shizen Energy (Ken Isono, Kenji Kawado, Masaya Hasegawa) have developed a total of 200 megawatts of wind energy. Shizen Energy develops and operates solar and wind power plants. The Japanese company has one big mission: “Energy Changes the world: Promoting renewable energies around the world to create a better world.” Individuals as well as the industry should benefit from renewable energy power plants. Not only the construction of wind and solar parks but also the reduction of energy consumption is considered to be important.
Shizen and the juwi group share the same ideas. The German juwi group has one big goal: 100 percent of renewable energies worldwide. Its mission: Work together to implement renewable energies economically and reliably with passion. The company is one of the world’s leading specialists for renewable energies and offers project development as well as products for the energy turnaround. juwi was founded in 1996. Today its headquarters are located in Wörrstadt in the southwest of Germany. In addition, the company is active worldwide with subsidiaries in 15 countries. So far juwi has developed around 640 wind turbines with an output of around 1,250 megawatts and 1,500 solar power plants with a total output of 1,250 megawatts. Combined, these plants produce enough electricity to cover the annual consumption of 1.3 million households, according to German energy consumption levels. Besides solar and wind energy, juwi is also active in the areas of bio energy, hydro power, geothermal energy as well as Green Buildings sustainable construction.

Tokyo / Singapore, January 24, 2013

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