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TESS Holdings (5074) · InitiativeRestated

Strategic Purchase and Sale of Renewable Energy Power Plants

First written in FY2021-Q3. 5 of 8 entries say "Advanced", first in FY2021. Latest entry: FY2024.

8entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2021 – FY2023-Q3RestatedFY2023 – FY20242021: 220212022: 220222023: 320232024: 12024
Same theme, other companies
Strategic Trading of Renewable Energy Power Plant PortfoliosA theme 1 companies write about · 0 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2024RestatedAnnual report

    「The company is also pursuing the acquisition of operating renewable energy power plants owned by third parties outside the consolidated group.」

    The company continues to describe its policy of buying and selling power plants, including the acquisition of operating plants. No new secondary projects were acquired during the current consolidated fiscal year.
  2. FY2023RestatedAnnual report

    「During the current consolidated fiscal year, among projects using the FIT system, there were no plants developed and constructed through EPC by the group. The company newly acquired 8 operating secondary projects, from the TESS Miyazaki Takajo Solar First Plant through the TESS Fukushima Matsukawamachi Solar Power Plant, with total generation capacity of approximately 6.4 MW.」

    The company continues its policy of combining the acquisition of secondary projects with the sale of existing power plants.
  3. FY2023-Q3AdvancedAnnual report

    「During the third quarter of the current cumulative consolidated period, among projects using the FIT system, there were no plants developed and constructed through EPC by the group. Instead, the company newly acquired 8 operating secondary projects: the TESS Miyazaki Takajo Solar First, Second, Third and Fourth plants (Miyakonojo City, Miyazaki Prefecture; approximately 1.0 MW, 1.0 MW, 1.0 MW and 0.9 MW, respectively), the TESS Fukushima Tazawa Solar Power Plant (Fukushima City, Fukushima Prefecture; approximately 0.8 MW), the TESS Fukushima Futakozuka Solar Power Plant (Fukushima City, Fukushima Prefecture; approximately 0.3 MW), the TESS Fukushima Machiniwasaka Solar Power Plant (Fukushima City, Fukushima Prefecture; approximately 1.0 MW), and the TESS Fukushima Matsukawamachi Solar Power Plant (Fukushima City, Fukushima Prefecture; approximately 0.5 MW). In addition, the sale outside the group was completed on 31 March 2023 of 9 solar power plants formerly owned by Prime Solar GK and GK T&M Solar, with total generation capacity of 15.3 MW.」

    While newly acquiring 8 operating secondary projects, the company completed the sale outside the group of 9 existing solar power plants totaling 15.3 MW, continuing to reposition its power plant portfolio.
  4. FY2023-Q2AdvancedAnnual report

    「During the second quarter of the current cumulative consolidated period, among projects using the FIT system, there were no plants developed and constructed through EPC by the group. Instead, the company newly acquired 4 operating secondary projects: the TESS Miyazaki Takajo Solar First Plant, Second Plant, Third Plant and Fourth Plant (all in Miyakonojo City, Miyazaki Prefecture, with generation capacity of approximately 1.0 MW, 1.0 MW, 1.0 MW and 0.9 MW, respectively).」

    The company newly acquired 4 operating secondary projects totaling approximately 3.9 MW, rather than internally developed and EPC projects.
  5. FY2022-Q3AdvancedAnnual report

    「During the third quarter of the current cumulative consolidated period, among projects using the FIT system, 5 plants newly commenced operation: 2 plants developed and constructed through EPC by the group, the TESS Ibaraki Sakuragawa Solar Power Plant (Sakuragawa City, Ibaraki Prefecture; approximately 1.4 MW) and the TESS Hyogo Asago Solar Power Plant (Asago City, Hyogo Prefecture; approximately 0.3 MW), and 3 newly acquired operating secondary projects, the TESS Kagawa Zentsuji Solar Power Plant (Zentsuji City, Kagawa Prefecture; approximately 0.4 MW), the TESS Fukushima Higashishirakawa Solar Power Plant (Hanawa Town, Higashishirakawa County, Fukushima Prefecture; approximately 0.3 MW), and the TESS Akita Kawabe Solar Power Plant (Akita City, Akita Prefecture; approximately 3.0 MW).」

    A total of 5 plants newly commenced operation, comprising 2 internally developed and EPC projects and 3 acquired operating secondary projects.
  6. FY2022-Q2AdvancedAnnual report

    「During the second quarter of the current cumulative consolidated period, among projects using the FIT system, 3 plants newly commenced operation: the TESS Ibaraki Sakuragawa Solar Power Plant, developed and constructed through EPC by the group (Sakuragawa City, Ibaraki Prefecture; generation capacity of approximately 1.4 MW), and 2 newly acquired operating secondary projects, the TESS Kagawa Zentsuji Solar Power Plant (Zentsuji City, Kagawa Prefecture; approximately 0.4 MW) and the TESS Fukushima Higashishirakawa Solar Power Plant (Hanawa Town, Higashishirakawa County, Fukushima Prefecture; approximately 0.3 MW).」

    In addition to 1 internally developed and EPC project, the company acquired 2 operating secondary projects, bringing the total number of plants newly commencing operation to 3.
  7. FY2021AdvancedAnnual report

    「The company acquired 2 operating solar power plants, the TESS Kagoshima Shimofukumoto Solar Power Plant and the TESS Niigata Tainai Solar Power Plant. In addition, as part of its business strategy, it sold outside the consolidated group a solar power plant it had been operating in Ono Town, Tamura County, Fukushima Prefecture, with generation capacity of approximately 2.7 MW.」

    In addition to selling power plants, the company acquired 2 operating plants totaling 4.6 MW, expanding its activities in both directions of the market.
  8. FY2021-Q3First statedAnnual report

    「As part of our business strategy, we recorded revenue of ¥877 million from the sale outside the consolidated group of a solar power plant operated by our group in Ono, Tamura District, Fukushima Prefecture, with generation capacity of approximately 2.7 MW.」

    States that selling power plants, as well as owning and operating them, is part of the business strategy.
Moved together

"Expansion of EPC Business in Power Generation and Utility Facilities" moved the same way as this thread, in the same document, in 5 of its 8 moves.

553222★123456
  1. ★This thread
  2. 1Expansion of EPC Business in Power Generation and Utility Facilities5×
  3. 2Ownership, Operation and Electricity Sales from Renewable Energy Power Plants5×
  4. 3Making the Approximately 46 MW Imari Biomass Power Generation Business a Wholly Owned Subsidiary3×
  5. 4Development of a large-scale solar power plant with an output of approximately 67 MW in Miyako Town, Fukuoka Prefecture2×
  6. 5Sharp Surge in Wholesale Electricity Market Prices2×
  7. 6Adoption of the revenue recognition standard2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Strategic Purchase and Sale of Renewable Energy Power Plants | TESS Holdings Co.,Ltd. (5074) | Komori