Green Power Development

Name

Green Power Development

Legal name

日本グリーン電力開発株式会社

Website

https://gpdj.jp

Company type

Private

Founded year

1998

Operating status

Operating

Ownership category

akta.pro rank

Product category

Renewable Energy Services

NAICS

Solar Electric Power Generation (221114), Biomass Electric Power Generation (221117), Electric Power Generation (22111)

SIC

Cogeneration Services & Small Power Producers (4991), Engines & Turbines (3510)

akta.pro primary industry

Sustainable Aviation Fuel (SAF) Production (HEFA, FT, ATJ) (EUAAAHAE)

akta.pro secondary industries

Sustainable Aviation Fuel (SAF) & Alternative Fuels (e-fuels, biofuels, hydrogen) (THABANAA), Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB), Renewable Monitoring, Controls & SCADA Hardware Manufacturing (Sensors, RTUs, Meters) (EUAMAHAJ), Commissioning, Testing & Energization Services (Pre-Commissioning, Grid Code Compliance) (EUAMAFAK)

Keywords

• Renewable energy development
• Solar power generation
• Biomass power plants
• Sustainable aviation fuel
• Power plant operations

Headquarters

HQ city

Tokyo

HQ country

Japan

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Power Generation and Sales: Development and operation of solar PV and biomass power generation plants. Revenue generated from electricity sales under FIT/FIP schemes.
2. O&M Services: Operation and maintenance services for third-party solar power plants, providing safety, stability, and reliability management.
3. SAF Business Development: Sustainable Aviation Fuel production and sales from off-grade coconut oil as a new revenue stream. Includes CCO (Crude Coconut Oil) production in Indonesia.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Green Power Development develops, owns, and operates solar PV and biomass power generation facilities in Japan under FIT/FIP schemes, and provides O&M services for its own and third-party power plants using the proprietary REMOKEN AI drone inspection platform. The company also produces Sustainable Aviation Fuel (SAF) from non-food-grade coconut oil sourced through its Indonesian subsidiary PT. Green Power Palembang, achieving the world's first 100% biomass-derived neat SAF with ASTM D7566 Annex A2 certification for supply to airlines such as Japan Airlines.

Product overview

Green Power Development operates three interconnected business segments: (1) power plant planning, development, and O&M for solar and biomass generation; (2) the REMOKEN AI inspection platform for solar asset management; and (3) a proprietary SAF (Sustainable Aviation Fuel) value chain that converts non-food-grade coconuts from Indonesia into aviation fuel through CCO production and catalytic synthesis. The company has developed over 500MW of solar plants and manages over 300MW of solar O&M, with a subsidiary in Indonesia (PT. Green Power Palembang) handling coconut oil feedstock production.

Differentiator

Problem solved

Functional benefit

Brands

• REMOKEN: AI-powered remote inspection service for solar power plants, utilizing drone and cloud technology for smart security and maintenance operations.
• GPDすずらんソーラー株式会社

Products and services

• Power Plant Planning & Development (発電所の企画開発)
• Operations & Maintenance Services (O&M) (オペレーション&メンテナンス)

Quantifiable outcome

• Over 500MW of solar power plants developed cumulatively
• +5 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature5 records

Partnerships

Nine partnerships are on record, tiered major and core.

• Tokyo Metropolitan Environment Corporation (東京都環境公社)majorStrategic or Co-development Partner · 2 October 2025GPD's 'Vietnam CNSL Refining and Supply System Construction Business' selected for Tokyo Metropolitan Environment Corporation's 'Global South GX Promotion Project'. Converts waste cashew nut shells (CNS) in Vietnam to CNSL (cashew nut shell liquid) as fossil fuel alternative.
• Exio Group Corporation (エクシオグループ株式会社)majorStrategic or Co-development Partner · 19 May 2025Memorandum of cooperation signed for renewable energy business expansion including FIP conversion, battery co-location, repowering, and market operation for solar power equipment. Both companies considering joint venture establishment and broader cooperation.
• Japan Airlines Co., Ltd. (JAL)coreStrategic or Co-development Partner · 20 November 2024JAL and GPD signed memorandum for commercializing domestically produced SAF from off-grade coconuts. JAL aims to replace 10% of its fuel with SAF by 2030. Both companies committed to diverse domestic SAF supply chain construction.
• Tokyo University of Agriculture and Technology (東京農工大学)coreStrategic or Co-development Partner · 18 September 2024Co-developed multi-functional catalyst for low-pressure, low-hydrogen consumption SAF production from off-grade coconut oil under NEDO project. Together with Hikem Corporation, achieved world-first 100% biomass-derived neat SAF with ASTM D7566 Annex A2 certification.
• JICA/JETRO (日本貿易振興機構)majorStrategic or Co-development Partner · 21 August 2024Selected for JETRO's 'Global South Future-Oriented Co-creation Project (Large Demonstration ASEAN Member States)' for CCO factory construction, GHG reduction measurement, CORSIA certification, and raw material traceability system demonstration in Indonesia.
• ACT FOR SKYmajorGTM or Marketing Partner · 15 August 2024All-Japan initiative promoting SAF adoption. GPD joined as a member contributing to domestic SAF commercialization and supply chain development. ACT FOR SKY has grown from 16 to 45 member companies/organizations since 2022.
• PCI Solutions Corporation (PCI ソリューションズ株式会社)coreTechnology or Integration · 14 June 2023Joint business contract signed to realize smart security for solar power plants. PCI Solutions co-developed REMOKEN AI drone inspection system with GPD. Jointly hold 4 patents for solar panel inspection technology using AI and drones.
• NEDO (国立研究開発法人新エネルギー・産業技術総合開発機構)coreStrategic or Co-development Partner · 10 August 2022National research and development organization. GPD selected for 'Bio-jet Fuel Production Technology Development Project / Construction of Supply Chain Model through Demonstration' to develop off-grade coconut-derived SAF production technology and supply chain.
• IJBNet (Indonesia Japan Business Network)coreStrategic or Co-development Partner · 1 February 2020Suyoto Rais-led organization supporting Japanese-Indonesian business exchange. Supports GPD's off-grade coconut SAF supply chain development in Indonesia, including raw material surveys, definition of off-grade coconuts, traceability system development, and government stakeholder coordination. Directly facilitated CORSIA Positive List registration for off-grade coconuts.

Scale indicators8 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• IHI Corporation: Japanese industrial conglomerate with active SAF technology development and ammonia/hydrogen fuel programs; relevant incumbent with engineering depth to challenge GPD's catalytic IP.
• Neste Oyj: Global market leader in renewable diesel and SAF (HEFA pathway); represents the largest incumbent competitor GPD will face when scaling into Asia-Pacific SAF offtakes.
• Idemitsu Kosan Co., Ltd. Major Japanese energy company developing SAF pathways from biomass and waste oils; broader portfolio but directly comparable in the domestic SAF commercialization race for Japanese aviation demand.

Others

• DroneDeploy: Drone-based inspection and analytics platform for solar and construction assets; comparable product category to REMOKEN with broader market presence but less solar-specific IP.
• ACT FOR SKY (consortium): All-Japan SAF commercialization consortium GPD has joined; relevant ecosystem peer reflecting how GPD competes and collaborates with other domestic SAF developers in the same coalition.

Emerging players

• euglena Co., Ltd. Japanese biotech and biofuel company operating biomass-to-fuel projects including bio-jet fuel demonstrations; competing in domestic SAF development using alternative biomass feedstocks.
• SkyNRG: Netherlands-based SAF-focused company building regional supply chains with feedstock origination; analogous model of localized feedstock-to-SAF integration that GPD pursues in Japan/Indonesia.

Direct peers

• Pacifico Energy: Japan-based renewable energy developer with utility-scale solar, biomass, and storage development across Japan and Asia; similar development-plus-O&M structure targeting Japanese decarbonization.
• Renova, Inc. Tokyo-listed Japanese renewable energy developer operating solar, biomass, and wind power plants with comparable FIT/FIP business model and community-engaged site selection in regional Japan.
• Looop Co., Ltd. Tokyo-based solar power developer and EPC operator that is also a GPD customer (Nakashibetsu plant), directly competing in the same Japanese solar development and O&M market segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/gpdj_pr

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Green Power Development