Reduced Power Generation Due to Solar Radiation and Surrounding Conditions
First written in FY2017. 3 of 4 entries say "Materialised", first in FY2020-Q2. Latest entry: FY2021.
Renova moved to the "Worse" side of this theme in 2019, 1 year before the typical company in this theme (2020).
The whole theme swung hardest in 2018: 3 of 7 companies on the "Worse" side.
2 other companies' latest entry also says "Materialised".
- FY2021MaterialisedAnnual report
「Although electricity sales from the large-scale solar power plants already in operation were slightly below the initial forecast due to adverse weather conditions in summer, power generation remained stable, with no major equipment failures or other issues.」
Electricity sales fell below the initial forecast due to adverse weather conditions in summer, and lower power generation due to weather affected full-year results. - FY2020-Q3MaterialisedAnnual report
「② Decrease in electricity sales from existing solar power plants due to adverse weather conditions (△263)」
Adverse weather conditions reduced electricity sales from existing solar power plants by ¥263 million, and lower power generation due to weather affected results for the period. - FY2020-Q2MaterialisedAnnual report
「② Decrease in electricity sales from existing solar power plants due to adverse weather conditions (△164)」
Adverse weather conditions reduced electricity sales from existing solar power plants by ¥164 million, and the risk of lower power generation due to solar irradiance and weather emerged as a factor affecting results for the period. - FY2017First statedAnnual report
「Prolonged nationwide periods of bad weather from spring through autumn, when solar irradiance is high, changes in the surrounding environment resulting from new construction and tree growth, and reductions in direct and diffuse sunlight caused by ash, dust, yellow dust and gases may cause annual total power generation to fall below expectations, potentially affecting the business, results and financial position of the Group.」
Reduced solar irradiance and power generation due to weather, surrounding buildings and trees, ash, dust and other factors are identified as risks.