Business model based on owning power generation facilities, creating funds, and reinvesting
First written in FY2016. 20 of 28 entries say "Advanced", first in FY2017-Q2. Latest entry: 2026-07-17.
No other company in this theme has enough history to compare yet.
- 2026-07-17AdvancedM&A and Subsidiary Changes
「As a result, in addition to the appropriateness of the transfer terms, and from the perspective of a medium- to long-term partnership in future business development, we decided to transfer the rights and land related to this business to HLC.」
The grid-scale battery storage business progressed to a specific development involving the execution of an agreement to transfer the business rights and land. The transfer is scheduled for 24 July 2026. - FY2026AdvancedAnnual report
「The grid-scale battery storage facility was completed in fiscal 2025 and began operations on 1 November 2025. The company continues to consider expansion into other areas and is advancing several projects toward concrete commercialization.」
The grid-scale battery storage facility in Sapporo, Hokkaido, with a rated output of 50 MW and rated capacity of 100 MWh, was completed and began operations, bringing the business model combining ownership, operational management and AI-based electricity trading into the operating phase. - FY2026-H1AdvancedAnnual report
「The grid-scale battery storage facility was completed in FY2025 and began operations on 1 November 2025.」
The grid-scale battery storage facility in Sapporo, Hokkaido, with a rated output of 50 MW and rated capacity of 100 MWh, has reached completion and begun operations, and the company has entered the stage of operating and maintaining the facility and conducting AI-based electricity trading. - FY2025AdvancedAnnual report
「In July 2024, the company entered into a PPA with a private-sector company in Fujinomiya, Shizuoka Prefecture, and began operations in February 2025.」
In addition to entering into a PPA and beginning operations, GreenPower also began operating 4 projects for private-sector companies. The scope of the model combining power generation facility ownership, transfers and operational management expanded. - FY2025-H1AdvancedAnnual report
「In addition to this area, we are considering expansion into other areas and are advancing several projects toward concrete commercialization.」
In addition to the grid-scale battery project in Sapporo, Hokkaido, the company is advancing the commercialization of several projects in other areas. In the PPA business, it has also advanced initiatives combining facilities and business operators, including a project in Fujinomiya involving 合同会社ACE. - FY2024AdvancedAnnual report
「The grid-scale battery storage facility began construction in fiscal 2023, work is progressing on schedule, and operations are scheduled to begin in autumn 2025.」
Construction has begun on the grid-scale battery project in Sapporo, Hokkaido, with a rated output of 50,000 kW and rated capacity of 100,000 kWh, and the planned start of operations in autumn 2025 remains unchanged. - FY2024-Q2AdvancedAnnual report
「Through 合同会社DAX, in which the company jointly invests through silent partnerships with 大和エナジー・インフラ株式会社 and Fuyo General Lease Co.,Ltd., the company will serve as operator of a grid-scale battery project in Sapporo, Hokkaido, with a rated output of 50,000 kW and rated capacity of 100,000 kWh. Before operations begin, it will undertake schedule management and operational preparation, and after operations begin, it will provide storage facility operation, maintenance and management, as well as electricity trading using AI-based supply-demand balancing, market forecasting and other functions.」
Through the jointly invested 合同会社DAX, the company has established a structure to handle a grid-scale battery project with a rated output of 50,000 kW and rated capacity of 100,000 kWh, from pre-operation schedule management through post-operation management, maintenance and AI-based electricity trading. - FY2023-Q1AdvancedAnnual report
「In June 2022, the company invested ¥2 million in 合同会社GreenPower. 合同会社GreenPower is intended to serve as the vehicle for the PPA-centered self-consumption model being promoted in the renewable energy business.」
The company invested in 合同会社GreenPower as the vehicle for a self-consumption model centered on PPAs, expanding the scope of its power generation facility ownership and operation model using funds, silent partnerships and other structures. - FY2022-Q3RestatedAnnual report
「The completed projects in which this business has been involved have a combined capacity of 31.4 MW, while the projects scheduled to begin construction in the future will comprise 1 site with a capacity of 2.1 MW, as described in item 1 below.」
The company continues its business model combining power generation facility ownership, development and O&M. The O&M business covers 16 sites totaling 29.5 MW, and the company is also considering expanding self-consumption models centered on PPAs. - FY2022-Q2Scale of the O&M business decreasedAnnual report
「We provide maintenance and operational management services, our O&M business, for 16 solar power plants, including projects in whose development we were involved, with a combined capacity of 29.5 MW.」
The scope of the O&M business decreased from 17 sites totaling 31.4 MW, as reported in the previous quarter, to 16 sites totaling 29.5 MW. - FY2022-Q1AdvancedAnnual report
「In March 2020, the company entered into a silent partnership agreement with 大和エナジー・インフラ株式会社 and えびの地熱社, under which 10% of business profit or loss would be distributed. In addition, in March 2021, it entered into a silent partnership agreement with JFEエンジニアリング株式会社 and えびの地熱社, under which 10% of business profit or loss would be distributed, and received the first silent partnership investment.」
In the geothermal power generation business, the company gave concrete form to a business model combining power plant ownership, fund formation and participation by external parties by entering into silent partnership agreements with external companies and receiving the first investment. - FY2021-Q2AdvancedAnnual report
「ASTRA provides maintenance and operational management services, its O&M business, for 17 solar power plants, including projects in whose development ASTRA was involved, with a combined capacity of 31.4 MW.」
The number of solar power plants under maintenance and operational management increased to 17, with a combined capacity of 31.4 MW. The scale covered by the O&M business expanded from the 15 completed projects totaling 28.9 MW reported in the previous quarter. - FY2021-Q1RestatedAnnual report
「For projects that have already been transferred, ASTRA continues to provide maintenance and operational management of the power plants after the transfer as part of its O&M business.」
The company continues its business model of providing contracted maintenance and operational management services after the transfer of power generation facilities. - FY2020-Q3RestatedAnnual report
「As previously disclosed, on 30 September 2019, the company transferred solar power generation facilities with a combined capacity of approximately 3.0 MW, comprising approximately 0.9 MW in Iwate Prefecture, approximately 0.9 MW in Saitama Prefecture and approximately 1.2 MW in Okayama Prefecture, and recorded gross profit of ¥53 million. ASTRA continues to provide management and operating services after the transfer.」
The company continues to describe a business model combining recovery of funds through the transfer of power generation facilities with contracted management and operating services after the transfer. - FY2020-Q2AdvancedAnnual report
「On 30 September 2019, the company transferred solar power generation facilities with a combined capacity of approximately 3.0 MW, comprising approximately 0.9 MW in Iwate Prefecture, approximately 0.9 MW in Saitama Prefecture and approximately 1.2 MW in Okayama Prefecture, and recorded gross profit of ¥53 million. ASTRA will continue to provide management and operating services after the transfer.」
The company implemented a business model that recovers investment funds through the transfer of solar power generation facilities while continuing to provide management and operating services after the transfer. - FY2020-Q1AdvancedAnnual report
「As described in item 2 below, we acquired a solar power plant that was already selling electricity. As a result, the completed projects in which this business has been involved totaled 15 sites with a combined capacity of 28.9 MW, while projects under construction totaled 2 sites with a combined capacity of 2.5 MW.」
The company acquired operating facilities, bringing completed projects to 15 sites totaling 28.9 MW and projects under construction to 2 sites totaling 2.5 MW. It is advancing the acquisition and ownership of power generation facilities and portfolio management. - FY2019AdvancedAnnual report
「Our group will continue to promote its business based on a model under which it invests in power generation projects and operates them itself, recovers investment funds early through such measures as placing all or part of the business into funds, and reinvests the funds.」
The company continues its model of recovering funds and reinvesting through power plant ownership, fund formation and transfers, and has progressed with the transfer and recovery of the Nakatsu project, capacity additions and acquisitions at existing facilities, and the transfer of the geothermal business to a separate company. - FY2019-Q3AdvancedAnnual report
「As previously disclosed, the project in which we made a silent partnership investment in an SPC on 27 October 2017 was delayed due to weather and the time required for site preparation work, but was completed in December 2018 and delivery of the property was completed. The gain on transfer of ¥132 million was recorded as extraordinary income. Following the start of operations, ASTRA has provided management and operating services.」
The solar power generation facilities in Nakatsu were completed, and delivery and transfer were completed in December 2018. A gain on transfer of ¥132 million was recorded, and management and operating services have continued after the transfer. Following the termination of the Nahanari Solar silent partnership agreement, the number of investments changed from 7 to 6. - FY2019-Q2AdvancedAnnual report
「As part of these measures, ASTRA made a silent partnership investment in October 2017 for the operation of a solar power plant in Yamabakei, Nakatsu, Oita Prefecture. Following completion of the solar power generation facilities, ASTRA entered into a transfer agreement dated 16 October. ASTRA is also scheduled to continue providing inspection, maintenance and other management services for the facilities after their transfer.」
The solar power generation facilities in Nakatsu were completed and a transfer agreement was signed. The model of continuing to provide inspection, maintenance and other management services after the transfer has taken concrete form. - FY2019-Q1RestatedAnnual report
「For existing power generation facilities held by the company, we also plan to partially rebalance the investment portfolio and add capacity to improve productivity, and will work to improve business profitability through these measures.」
The company continues to pursue improved profitability at existing power generation facilities through partial portfolio rebalancing and capacity additions. - FY2018-Q3AdvancedAnnual report
「During the third quarter of the current consolidated fiscal year, the silent partnership invested in by アストマックス・トレーディング株式会社, with 合同会社リヒト as its operator, was included in the scope of consolidation. As a result, as of 31 December 2017, the business consisted of アストマックス・トレーディング株式会社 and the following 7 investments.」
The silent partnership operated by 合同会社リヒト was included in the scope of consolidation, bringing the renewable energy business's investment portfolio to 7 investments. - FY2018-Q2AdvancedAnnual report
「アストマックス・トレーディング株式会社, a consolidated subsidiary of the company, entered into a silent partnership agreement with 合同会社リヒト on 27 October 2017 as described below and made the silent partnership investment on 30 October of the same year.」
On 30 October 2017, after the filing, the company invested ¥225 million in a silent partnership established for a mega-solar project in Nakatsu, Oita Prefecture. The project had an output capacity of approximately 2.3 MW and was scheduled to begin operations in March 2018, expanding the scope of the facility ownership and operation model through silent partnerships. - FY2017-Q3AdvancedAnnual report
「During the third quarter of the current consolidated fiscal year, the silent partnership invested in by アストマックス・トレーディング株式会社, with 合同会社霧島福山太陽光発電所 as its operator, was included in the scope of consolidation.」
A silent partnership was formed for the Kirishima-Fukuyama solar power plant and included in the scope of consolidation, expanding the scope of investment in power generation facilities and the business model. - FY2017-Q2AdvancedAnnual report
「In connection with this, the silent partnership agreement was terminated as of 30 June 2016, and the investment was changed from a silent partnership investment to an investment from the LPS. For this project, the agreement provides for management fees and other income to be recognized over the LPS operating period.」
After changing the investment structure for the Kumamoto project to an LPS, the company accepted external investment in the LPS and gave concrete form to a model generating management fees and other income during the operating period. - FY2017-Q1ReframedAnnual report
「Our investment policy is gradually shifting from the previous policy of primarily seeking earnings through the sale of development projects to a policy of seeking investment returns and income for each period while balancing continued ownership of facilities to generate electricity sales revenue with facility sales and other transactions.」
The company expressly announced a shift from a policy centered on selling development projects to one combining electricity sales revenue from continued ownership of facilities with facility sales. It formed the Kyushu Renewable Energy Investment Business Limited Liability Partnership and also changed the investment structure for the Kumamoto project to that fund. - FY2016First statedAnnual report
「We intend to continue pursuing a business model under which we invest in power generation projects and operate them ourselves, while also recovering investment funds early by, among other means, placing part of the business into funds and reinvesting the recovered funds.」
The company plans to combine direct sales of facilities with fund formation, fee income from management and operating services after sale, and reinvestment of recovered funds in new projects.