Expansion of Renewable Energy Business, Including Energy Storage Facilities
First written in FY2025-H1. 2 of 4 entries say "Advanced", first in FY2026. Latest entry: 2026-07-31.
The whole theme swung hardest in 2025: 2 of 19 companies on the "Worse" side.
19 other companies' latest entry also says "Advanced".
- 2026-07-31AdvancedEarnings
「Total assets increased by ¥97.9 billion from the end of the previous consolidated fiscal year to ¥3,837.6 billion, due to progress in construction of the U.S. Charger solar power station, investment in the Laos hydropower business and the impact of the weaker yen, among other factors.」
Construction of the U.S. Charger solar power station progressed, advancing asset formation in the renewable energy business, including storage facilities. - FY2026AdvancedAnnual report
「GENEX is developing a clean energy hub at the Kidston site in Queensland comprising solar power, pumped-storage hydroelectric power and wind power generation.」
Using GENEX as its platform, the company operates an Australian business combining solar, pumped-hydro, wind and battery storage facilities, and in the United States plans to commence operation of the 394 MW Charger solar power plant in November 2026. - 2026-03-31OtherOccurring Fact
「For a project carried out by our consolidated subsidiary Genex Power Pty Ltd, we now expect to record an impairment loss of approximately ¥23.0 billion due to higher construction costs and the sluggish Australian electricity market, among other factors.」
The expected recognition of an impairment loss due to higher project construction costs and the sluggish Australian electricity market was disclosed for the renewable energy and storage facilities business conducted through GENEX. - FY2025-H1First statedAnnual report
「In Australia, the federal government submitted to the United Nations in June 2022 targets to reduce greenhouse gas emissions by 43% from 2005 levels by 2030 and achieve Net Zero across Australia by 2050. The country is expected to install approximately 40 GW of renewable energy and approximately 30 GW of energy storage facilities by 2035. GENEX is developing a "clean energy hub" at the Kidston site in Queensland comprising solar power, pumped-storage hydropower and wind power. Since 2020, we have built a relationship of deep trust with the company through the joint development of renewable energy projects. We are confident that, through this business combination, accelerating the development of renewable energy and energy storage facilities together with GENEX will make a major contribution to achieving the Australian government's greenhouse gas emissions reduction targets and the goals of our "BLUE MISSION 2050."」
Following the acquisition of GENEX as a subsidiary, the company explicitly presented its Australian business development combining solar, pumped-storage and wind power with energy storage facilities. The integrated business area combining energy storage facilities with conventional renewable energy development has been added.