(E37205) Stock Price

Renewable Japan operates businesses specializing in renewable energy. The company's business segments include development, EPC (engineering, procurement, and construction), financing and project sales, asset management (AM), operations and maintenance (O&M), and power generation and sales. The company provides these services in an integrated manner.

Renewable Japan handles renewable energy power plants from development through operation. The company generates revenue from electricity sales of power plants it owns, while also raising capital from investors and selling projects to private funds it organizes, taking on AM and O&M contracts. In 2022, the company made Japan Renewable Energy Infrastructure Investment Corporation a consolidated subsidiary and acquired a majority of its investment units.

Leveraging its information-gathering capabilities rooted in local communities, the company collects information on renewable energy power plant development projects. It conducts feasibility studies, optimizes development costs, and performs investment simulations to analyze project viability. In its EPC business, the company independently handles design and construction of power generation equipment. For financing and project sales, it implements diverse funding methods including project bond issuance.

In AM operations, the company manages and oversees renewable energy power plants held by special purpose companies (SPCs) and handles financial management. In O&M operations, it manages power plants after they begin operations using regional bases throughout the country. In power generation and sales, the company conducts electricity sales under the Feed-in Tariff (FIT) scheme and implements electricity sales through bilateral contracts, expecting stable revenue.

Renewable Japan aims to promote renewable energy adoption and realize a sustainable society. The company primarily focuses on solar power generation while also developing hydroelectric and wind power projects. By handling renewable energy power plant development through to operations in-house, the company achieves high-quality plant construction and safe operations. Leveraging its financial expertise, the company promotes renewable energy adoption and contributes to regional community revitalization.

The company targets expansion of its renewable energy business, with key focus areas on business domain expansion and growth through circular business models. Specifically, in addition to solar power plant development, the company is investing in battery storage solutions and overseas power plant development and acquisition. The company accelerates growth through a circular model combining stable income from company-owned power plants with reinvestment capital generated from selective asset sales.

Furthermore, the company is adapting to the transition from the Feed-in Tariff (FIT) system to market-based electricity sales (Non-FIT), while reducing power plant development costs and strengthening its financial position through coexistence and cooperation with local communities. Through these initiatives, Renewable Japan pursues sustainable growth alongside expansion of the renewable energy market.