Transition of エフオン白河発電所 to the FIP scheme and earnings above expectations
First written in FY2023-Q3. 2 of 5 entries say "Restated". Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026WorsenedAnnual report
「E-FOUN Shirakawa Power Station voluntarily curtailed output during periods when an oversupply of solar power in the grid caused market prices to fall to nearly ¥0.」
It states that, following the Shirakawa Power Plant’s transition to FIP, voluntary output curtailment was implemented in response to an oversupply of solar power generation and market prices falling to nearly zero yen. - FY2024-Q3ReframedAnnual report
「The エフオン Shirakawa Power Plant transitioned to the FIP (Feed-in Premium) scheme in January 2023. Compared with the previous fiscal year’s results under the FIT (feed-in tariff) scheme, performance during the current quarter’s consolidated accounting period fell below FIT levels. As a result, the period saw a partial reversal of the outperformance against FIT recorded in the first half.」
It states that, following the Shirakawa Power Plant’s transition to FIP, performance during the current accounting period fell below the previous fiscal year’s FIT results, resulting in a partial reversal of the first-half outperformance. - FY2024-Q2RestatedAnnual report
「The エフオン Shirakawa Power Plant has transitioned to the FIP (Feed-in Premium) scheme. Compared with the previous fiscal year’s results under the FIT (feed-in tariff) scheme, performance for the cumulative period of the current quarter exceeded FIT levels.」
It continues to state that, following the エフオン Shirakawa Power Plant’s transition to the FIP scheme, performance for the cumulative period of the current quarter exceeded the previous fiscal year’s FIT results. - FY2024-Q1RestatedAnnual report
「The Efuon Shirakawa Power Plant transitioned to the FIP scheme (Feed-in Premium) in January 2023. Performance in the previous fiscal year was under the FIT scheme (Feed-in Tariff), and revenue for the cumulative quarter exceeded that under FIT.」
The Company continues to disclose the Efuon Shirakawa Power Plant’s transition to the FIP scheme and the fact that revenue after the transition exceeded the former FIT level. - FY2023-Q3First statedAnnual report
「During the current quarterly consolidated accounting period, our group's EF-ON Shirakawa power plant transitioned to the FIP scheme (Feed-in Premium). Performance under the FIP scheme during the period exceeded the projected revenue under the previous FIT scheme.」
The Company first separately records EF-ON Shirakawa Power Plant's transition from FIT to FIP and the fact that post-transition results exceeded projected revenue under FIT.