Expanding Track Record in Biomass Power Plant Operations
First written in FY2016. 4 of 20 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2022.
No other company in this theme has enough history to compare yet.
- FY2022DroppedAnnual report
「During the current consolidated fiscal year, we were able to substantially complete the restructuring of unprofitable businesses in which we had invested in the past without producing results, an initiative pursued since the previous consolidated fiscal year. These businesses included the renewable energy-related business operated by ZEエナジー, the overseas financial instruments trading business operated by PJB, and overseas investment projects of Traders Investment, among others.」
The company moved from expanding ZEエナジー's power generation facilities and electricity sales business as part of the group track record to completing the restructuring of unprofitable businesses, including that business. - FY2022-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 13 July 2021, we resolved to transfer all shares in ZEエナジー, an equity-method affiliate, and carried out the share transfer on the same date. As a result, ZEエナジー has been removed from the scope of application of the equity method.」
ZEエナジー's power generation facilities and electricity sales business remain outside the scope of application of the equity method. - FY2022-Q1ReframedAnnual report
「Number of shares held after the change: 0 shares (ownership percentage of voting rights: 0.0%)」
The power generation facilities and electricity sales track record previously associated with ZEエナジー ceased to be treated as a direct business track record of the group after all shares were transferred and the number of shares held became 0. - FY2021-Q3RestatedAnnual report
「The renewable energy-related business, which had been a reportable segment through the previous consolidated fiscal year, declined in materiality after part of the shares in ZEエナジー, which comprised this segment, was transferred and ZEエナジー changed from a consolidated subsidiary to an equity-method affiliate. Accordingly, from the first quarter of the current consolidated fiscal year, the business has been presented under "Other."」
Following ZEエナジー's change to an equity-method affiliate, the renewable energy-related business has been presented under "Other" rather than as a standalone reportable segment. - FY2021-Q1ReframedAnnual report
「As a result of this share transfer, the renewable energy-related business, one of the reportable segments, has been presented under "Other" from the first quarter of the current consolidated fiscal year because its materiality had declined.」
Following the transfer of part of the shares in ZEエナジー and its removal from the scope of consolidation, the renewable energy-related business shifted from being presented as a standalone reportable segment to being included under "Other." - FY2020-Q3Operating revenue increased and losses narrowedAnnual report
「Operating revenue from this segment operated by ZEエナジー was ¥99.740 million, up ¥89.754 million, or 898.8%, year on year, while the segment loss was ¥228.027 million, compared with a loss of ¥306.191 million in the same period of the previous year.」
Operating revenue from the renewable energy-related business increased, and the segment loss narrowed from the same period of the previous year. - FY2020-Q2WorsenedAnnual report
「The renewable energy-related business operated by ZEエナジー continued improvement work on the woody biomass gasification power generation system at the Mogamimachi Satoyama Power Plant so that it could generate electricity at a level sufficient to secure profitability, but the target power output was not achieved.」
Improvement work continues at the Mogamimachi Satoyama Power Plant, but the target power output has not been achieved and stable, profitable operation has not been reached. Operating revenue from the renewable energy-related business was ¥8.990 million, and the segment loss was ¥143.103 million. - FY2020-Q1Electricity sales continue; stable operation not achievedAnnual report
「As electricity sales from the woody biomass gasification power generation system at the Mogamimachi Satoyama Power Plant had still not reached a level sufficient to secure profitability, efforts to achieve stable operation continued to focus on operating adjustments and improvement work. Operating revenue from external customers for the cumulative first quarter was therefore limited to ¥3.538 million.」
Although electricity sales continue, stable operation on a profitable basis has not been achieved. Operating revenue from the renewable energy-related business was ¥3.538 million, up 36.0% year on year. - FY2020-Q1Profitability not achieved; seeking order recoveryAnnual report
「Although no large-scale orders for woody biomass gasification power generation systems or other equipment were won during the period, the company also focused on winning orders for mid-sized projects involving carbonisation equipment and worked to restore revenue.」
While the existing power generation systems have not achieved stable operation or profitability and no large-scale orders have been received, the company is seeking to restore revenue by winning orders for mid-sized projects involving carbonisation equipment and other products. - FY2019-Q3AdvancedAnnual report
「With regard to securing dried wood chips with the low moisture content required for electricity sales, an installation project is under way for a new, high-capacity wood-chip dryer.」
The project has progressed from the previously planned installation to the stage of installing a new, high-capacity wood-chip dryer. Meanwhile, power generation and electricity sales have not yet achieved stable operation. - FY2019-Q2Intermittent electricity sales; dryer installation plannedAnnual report
「As for current power generation, electricity is being sold intermittently when dried wood chips with a low moisture content are available, but sales volumes remain minimal.」
Although electricity sales continue, they are limited to periods when dried wood chips are available, and sales volumes remain minimal. - FY2019-Q1Intermittent electricity sales; fuel-related measures continueAnnual report
「Electricity sales from the Mogamimachi Satoyama Power Plant to the power company began in July 2017. However, efforts are focused on improving wood-chip processing methods and installing a new dryer so that the required volume of low-moisture wood chips can be secured for continuous operation. As for current power generation, electricity is being sold intermittently when low-moisture wood chips are available.」
The plant has not achieved rated, continuous operation since electricity sales began. Measures to address fuel supply are being pursued through improvements to wood-chip processing methods and installation of a dryer, with electricity sold intermittently when the required chips are available. - FY2018-Q3RestatedAnnual report
「Electricity sales from the Mogamimachi Satoyama Power Plant to the power company began in July 2017. While examining the operating condition and electricity sales status of the plant, we have been carrying out repairs intermittently as necessary to further optimise the equipment and improve operating efficiency as a power generation system, including continuous operation at rated output.」
Electricity sales continue at the Mogamimachi Satoyama Power Plant, while repairs are being carried out toward continuous operation at rated output. - FY2018-Q2AdvancedAnnual report
「As of October 2016, when these new share subscription rights were issued, we expected to complete the handover by the end of November 2016 for all three projects on which ZEエナジー was carrying out construction of woody biomass gasification power generation systems: the Kabuchanmura Mori Power Plant, the Azumino Biomass Energy Center and the Mogamimachi Satoyama Power Plant. However, time was required for improvement work on auxiliary equipment and commissioning adjustments, and the Kabuchanmura Mori Power Plant and the Mogamimachi Satoyama Power Plant had already begun selling electricity generated by their systems.」
The company disclosed that electricity sales had already begun at the Kabuchanmura Mori Power Plant, in addition to the Mogamimachi Satoyama Power Plant. - FY2018-Q1AdvancedAnnual report
「Electricity sales from the Mogamimachi Satoyama Power Plant to the power company began on 18 July.」
The Mogamimachi Satoyama Power Plant progressed from completed grid interconnection and awaiting acceptance inspection to commencing electricity sales. Meanwhile, termination of the contract for the Azumino Biomass Energy Center was disclosed. - FY2017Completion and handover not achievedAnnual report
「Following the first commercialised 360 kW woody biomass gasification power generation system, the Kabuchanmura Mori Power Plant, ZEエナジー manufactured the 1,900 kW woody biomass gasification power generation system at the Azumino Biomass Energy Center and the 1,000 kW woody biomass gasification power generation system at the Mogamimachi Satoyama Power Plant, which it was jointly constructing with ZE Design, in which ZEエナジー owns 49% of the voting rights. Additional improvement work and adjustment operation required at each site are being carried out on these three woody biomass gasification power generation systems, but completion and handover have not yet been achieved.」
For the three facilities previously disclosed, the company disclosed their track record, including power generation capacity, and that completion and handover had still not been achieved as of the end of the fiscal year. - FY2017-Q3AdvancedAnnual report
「The woody biomass gasification power generation system at the Mogamimachi Satoyama Power Plant completed grid interconnection to the electricity transmission network in January and is scheduled to begin selling electricity after acceptance inspection by the customer.」
Where previous disclosures had concerned delivery and construction delays, the Mogamimachi Satoyama Power Plant disclosed progress in completing grid interconnection to the electricity transmission network. - FY2017-Q2Delivery delays extendedAnnual report
「Delays in delivery of the woody biomass gasification power generation equipment at Kabuchan-mura Mori Power Plant and Azumino Biomass Energy Center, which had been scheduled for completion and handover by the end of the second quarter of the current consolidated fiscal year, as well as the resulting delay in the construction period for the equipment at Mogamimachi Satoyama Power Plant, caused completed construction revenue to remain at ¥495.273 million.」
Following the 1,900 kW facility, completion and handover or construction delays occurred at multiple woody biomass power plants. - FY2017-Q1Delivery delaysAnnual report
「Because delivery of the biomass gasification power generation plant (1,900 kW), scheduled for completion and handover by the end of the first quarter of the current consolidated fiscal year, was pushed back to the second quarter, completed construction revenue was limited to ¥211.763 million, below the forecast.」
The scheduled completion and handover of the 1,900 kW facility under construction were not achieved during the quarter, and a delivery delay was disclosed. - FY2016First statedAnnual report
「Following the start-up of its first commercialised unit, with a power generation capacity of 360 kW, ZEエナジー is constructing a biomass gasification power plant with a power generation capacity of 1,900 kW and is steadily building its track record.」
For biomass gasification power generation, the company disclosed the operation of its first commercialised 360 kW unit and the construction of a 1,900 kW facility as part of its track record.