TOKYO – April 2, 2025 – Equinix (Nasdaq: EQIX) today announced the signing of its first renewable energy Power Purchase Agreement (PPA) in Japan with Trina Solar International Systems Business Unit (‘Trina Solar ISBU’) Japan Team (Trina Solar Japan Energy Co., Ltd.), securing 30 MW of renewable electricity capacity. Scheduled to commence in 2028, this landmark 20-year agreement will deliver renewable energy from the Yufutsu Abira Solar Project in Hokkaido, reinforcing Equinix’s global sustainability objectives.

This renewable energy investment advances Equinix's commitment to supporting the addition of new renewable energy sources in the local markets where it operates.  It also aligns with the nation’s broader decarbonization efforts, contributing directly to Japan’s energy transition. Underlining Equinix’s proactive role in fostering new renewable energy capacity on the Japanese grid, this agreement further enhances the company's renewable energy procurement strategy in Japan by adding new, locally sourced renewable capacity.

Kuniko Ogawa, Managing Director, Equinix Japan, said, "Reliance on digital technologies driven by innovations like AI continues to expand rapidly, increasing data centers’ energy demands. Equinix is committed to addressing these energy challenges as sustainably as possible. Our first PPA in Japan empowers our customers to confidently pursue aggressive decarbonization objectives, knowing the energy consumption of their data center operations at Equinix is covered by renewable energy. By proactively investing in new renewable energy projects, Equinix is not only improving the quality of its renewable energy coverage but also helping to pave the way towards a more sustainable digital economy for Japan."

Feng Chen, Representative Director and Country Head, Trina Solar ISBU Japan, said, "We are delighted to partner with Equinix on this milestone PPA, marking ISBU Japan’s first corporate solar power agreement. This collaboration underscores our commitment to delivering sustainable energy solutions and supporting Japan’s transition to clean power. The Hokkaido solar farm will contribute to Equinix’s renewable energy initiatives while reinforcing our vision of advancing solar development in Japan. We look forward to more partnerships driving the country’s green energy future."

Highlights/Key Facts:

  • This marks Equinix's first renewable energy PPA in Japan, addressing challenges cited by RE100 members as making Japan one of the most challenging markets globally to procure renewable energy.
  • The renewable energy PPA with Trina Solar ISBU Japan secures 30 MW renewable energy capacity, starting in 2028, with a 20-year term.
  • Equinix has already achieved 100% renewable energy coverage for its Japan operations; this agreement will enhance renewable energy quality through contributing new renewable capacity to the local power grid.
  • The project, located in Hokkaido, will support Equinix’s global strategy to continually improve the quality and impact of the renewable energy it procures.

Additional Resources

About Equinix
Equinix (Nasdaq: EQIX) is the world's digital infrastructure company®. Digital leaders harness Equinix's trusted platform to bring together and interconnect foundational infrastructure at software speed. Equinix enables organizations to access all the right places, partners and possibilities to scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value, while supporting their sustainability goals. 

About Trina Solar ISBU
Trina Solar ISBU is the downstream business unit of Trina Solar and serves as its global platform for the development of utility-scale photovoltaic (PV) and battery energy storage projects. With over 15 years of proven experience in project development, financing, EPC, and operations & maintenance, Trina Solar ISBU has consistently delivered high-quality renewable energy assets worldwide. The business unit is currently undergoing a strategic transition from a pure developer to a global independent power producer (IPP), further expanding its role in the clean energy value chain.

Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, risks to our business and operating results related to the current inflationary environment; foreign currency exchange rate fluctuations; stock price fluctuations; increased costs to procure power and the general volatility in the global energy market; the challenges of acquiring, operating and constructing IBX® and xScale® data centers and developing, deploying and delivering Equinix products and solutions; unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenues from customers in recently built out or acquired data centers; failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; risks related to our taxation as a REIT; risks related to regulatory inquiries or litigation and other risks described from time to time in Equinix filings with the Securities and Exchange Commission. In particular, see recent and upcoming Equinix quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.

Media Contact (Asia-Pacific)
Equinix
Annie Ho
annho@ap.equinix.com

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