Sapporo Launches 10 Billion Yen Fund for Renewable Energy Development at NIKKEI FORUM Conference

Sapporo announced a public-private investment fund aimed at enhancing Hokkaido's renewable energy potential during the NIKKEI FORUM Global GX/Finance Conference on November 25. The city is contributing 500 million yen to the fund, which targets a total of 10 billion yen for investments in GX projects, with plans to launch in March 2026.

Founding investors include Hokkaido Bank, Ltd., and North Pacific Bank, Ltd. Under the consortium 'Team Sapporo-Hokkaido,' Sapporo is collaborating with various organizations to develop a regional GX ecosystem.

The media tour from November 25 to 27 featured visits to key projects, including the Air Water Hydrogen Station Sapporo Odori East, which opened in April and supports large electric cell vehicles. Reporters also toured ZED ISHIKARI, Japan's first 24/7 carbon-free energy data center, powered by Ishikari Bay New Port Offshore Wind Farm and solar panels, which began operations in October 2024.