05/13/2026
YOKOHAMA – In a significant leap forward for green logistics in Japan, APM Terminals Japan has signed a 20-year renewable energy agreement aimed at drastically cutting port emissions and accelerating the electrification of the Port of Yokohama.
The terminal operator, a key entity within the Danish shipping and logistics giant Maersk Group, confirmed on May 12, 2026, that it has entered into a long-term offsite corporate Power Purchase Agreement (PPA) with FPS Inc. The deal will supply renewable electricity directly to its terminal operations at Japan’s busiest trading port.
A 20-Year Commitment to Offsite Solar
Under the terms of the agreement, APM Terminals will source a substantial portion of its operational power from solar generation facilities managed by FPS Inc. While the specific megawatt capacity of the deal was not disclosed, the 20-year duration—well beyond typical corporate contracts—signals a deep commitment to energy price stability and long-term decarbonisation.
“Electrification of port equipment is only as clean as the grid it plugs into,” a spokesperson for APM Terminals Japan commented. “By securing dedicated solar power through this offsite PPA, we are effectively decoupling our growth from fossil fuels.”
How the PPA Works
Unlike onsite solar installations, which are limited by available rooftop or land space, an offsite PPA allows APM Terminals to purchase power from a dedicated solar farm located elsewhere on the grid. FPS Inc will inject the renewable electricity into the regional utility network, and APM Terminals will receive the corresponding environmental attributes (Green Energy Certificates), effectively making its terminal operations carbon-neutral in terms of electricity consumption.
This structure is particularly vital for dense urban ports like Yokohama, where land is at a premium and large-scale onsite solar arrays are often impractical.
Driving Port Electrification
The deal is a cornerstone of APM Terminals’ broader strategy to electrify heavy port equipment. Modern ports are shifting from diesel-powered rubber-tired gantry (RTG) cranes and yard tractors to electric alternatives (E-RTGs and electric terminal tractors).
The renewable PPA ensures that as APM Terminals Yokohama replaces its legacy diesel fleet over the next decade, the increased electricity demand will be met not by natural gas or coal, but by solar power. This directly reduces Scope 2 emissions (indirect emissions from purchased energy), a critical component of the Maersk Group’s goal to reach Net Zero by 2040.
Industry Context
Japan’s ports are under increasing pressure to decarbonise, driven by both the government’s “Green Growth Strategy” and international shipping regulations under the IMO. The Port of Yokohama has set ambitious targets to become a “carbon-neutral port,” and private-sector PPAs like this are seen as the most viable mechanism to achieve those goals without massive public infrastructure spending.
FPS Inc, the supplier, specializes in developing solar assets for the commercial and industrial (C&I) sector in the Kanto region. This project marks one of the longest-tenure PPAs ever signed for a Japanese port facility.
Looking Ahead
For APM Terminals, the agreement is more than a utility contract; it is a competitive advantage. Major shipping lines—including Maersk’s own Ocean Network—are increasingly selecting port call options based on the carbon intensity of the terminal.
By securing solar-powered operations through 2046, APM Terminals Yokohama is positioning itself as a premier green gateway for global supply chains looking to reduce their maritime carbon footprint.
About APM Terminals:
APM Terminals is a global port and terminal operator headquartered in The Hague, Netherlands. As part of the Maersk Group, it operates a network of 76 ports and terminals across 59 countries, providing container handling and inland services.
About FPS Inc:
FPS Inc is a Japanese renewable energy provider specializing in offsite Corporate PPAs and solar asset management for industrial customers.