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Renova (9519) · InitiativeAdvanced

Long-term Sales of Non-FIT Non-Fossil Certificates

First written in FY2023. 6 of 7 entries say "Advanced", first in FY2024-Q2. Latest entry: FY2026.

7entries
4years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2024-Q2 – FY20262023: 220232024: 220242025: 120252026: 22026
Same theme, other companies
Development of Post-FIT PPA and High-Value-Added Renewable Energy BusinessesA theme 11 companies write about · 0 as a headwind · 13 as a tailwind

7 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「In December 2025, with the aim of further expanding our small-scale, distributed solar power generation business for corporate PPAs, we arranged project financing through our consolidated subsidiary 第一太陽光発電合同会社 covering approximately 170MW of the 206MW of contracted capacity under signed PPAs.」

    We arranged project financing covering approximately 170MW of the 206MW contracted capacity for Non-FIT solar power, giving concrete form to a business model for developing and managing numerous distributed power plants.
  2. 2026-05-13AdvancedEarnings

    「At the biomass power plants we develop and own, we are also promoting the transition from electricity sales under the FIT system to corporate PPAs. Under corporate PPAs, we sell electricity at prices that include an environmental premium on top of the FIT price, which is expected to contribute to stable revenue over the long term. As of March 2026, contracted capacity under corporate PPAs in the biomass power generation business was 145.4 MW across 3 power plants.」

    The transition to corporate PPAs has been expanded to biomass power plants, with contracted capacity specified at 145.4 MW.
  3. FY2026-H1AdvancedAnnual report

    「At the biomass power plants we develop and own, the shift from electricity sales under the FIT scheme to corporate PPAs is also progressing. Under corporate PPAs, we are selling electricity at prices that include an environmental premium on top of the FIT price, which is expected to contribute to stable revenue over the long term. As of November 2025, contracted capacity under corporate PPAs in the biomass power generation business was 145.4MW across 3 power plants.」

    In addition to our existing Non-FIT solar and environmental value sales, the shift from FIT electricity sales to corporate PPAs is progressing in the biomass business, and we disclosed contracted capacity of 145.4MW across 3 power plants.
  4. FY2025-H1AdvancedAnnual report

    「In October 2024, we entered into an environmental value trading agreement to sell directly, at a fixed price, the environmental value of electricity generated at solar power plants newly developed by us to domestic electricity consumers, for a maximum of approximately 36MW over 20 years. As a result of this agreement, the total contracted capacity of our corporate PPAs for Non-FIT solar power reached 207MW.」

    For long-term sales of Non-FIT non-fossil value, we added contracts with domestic customers for a maximum of approximately 36MW over 20 years at fixed prices, bringing total contracted capacity to 207MW.
  5. FY2024-Q3AdvancedAnnual report

    「Regarding Non-FIT non-fossil value certificates associated with electricity generated at new solar power plants developed by us, we entered into separate environmental value purchase and sale agreements for direct sales at fixed prices: in May 2023, up to approximately 115MW to Murata Manufacturing Co.,Ltd.; and in August 2023 and February 2024, a combined total of up to approximately 22MW to OTSUKA CORPORATION.」

    We disclosed that the agreement for direct sales of environmental value to OTSUKA CORPORATION had expanded to a combined total of up to approximately 22MW.
  6. FY2024-Q2AdvancedAnnual report

    「In August 2023, we also entered into an environmental value purchase and sale agreement to directly sell to OTSUKA CORPORATION, which is likewise pursuing RE100, at a fixed price, for a maximum of approximately 12MW over a 30-year period.」

    For sales of environmental value, including Non-FIT non-fossil certificates, we added a direct sales agreement with OTSUKA CORPORATION in August 2023 for a maximum of approximately 12MW over 30 years at a fixed price.
  7. FY2023First statedAnnual report

    「On 8 May 2023, 第一太陽光発電合同会社, our consolidated subsidiary, entered into an environmental value purchase and sale agreement to directly sell to Murata Manufacturing Co.,Ltd., which is pursuing RE100, the environmental value generated from electricity produced at its solar power plants in the form of Non-FIT non-fossil certificates.」

    On 8 May 2023, we entered into our group’s first long-term environmental value purchase and sale agreement for the direct sale of Non-FIT non-fossil certificates to Murata Manufacturing Co.,Ltd.
Moved together

"Recurring revenue from power plants in operation and development and operating businesses" moved the same way as this thread, in the same document, in 6 of its 7 moves.

654433★123456
  1. ★This thread
  2. 1Recurring revenue from power plants in operation and development and operating businesses6×
  3. 2Expansion into co-located battery storage power generation and green businesses5×
  4. 3Managing Reliance on Net Debt4×
  5. 4Issuance of Stock Acquisition Rights for Officers and Employees4×
  6. 5Interest-Bearing Debt, Financial Covenants and Funding Risk3×
  7. 6Delays in Construction Completion and Commercial Operation Start at Biomass Power Plants3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Renova yet. It last moved in the Earnings of 2026-05-13: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Long-term Sales of Non-FIT Non-Fossil Certificates | RENOVA,Inc. (9519) | Komori