Development of Overseas Renewable Energy Businesses Centered on Asia
First written in FY2018. 10 of 11 entries say "Advanced", first in FY2020-Q3. Latest entry: FY2026.
1 other company's latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In Asia, we have offices in Vietnam, the Philippines, South Korea and the United States, and are promoting the development of our overseas business with a team of approximately 40 people, including the engineering team. In the United States, we are developing battery storage facilities and solar and battery hybrid projects. In the Philippines, we are promoting the development of solar and onshore wind projects, while in South Korea we are promoting the development of onshore wind projects.」
The overseas business development structure was expanded from an Asia focus to include the United States, with specific development targets comprising U.S. battery storage and solar-battery hybrid projects, solar and wind projects in the Philippines, and wind projects in South Korea. - 2026-05-14AdvancedEarnings presentation
「This fiscal year, we plan to reach final investment decisions and begin construction on 4 projects (2 domestic and 2 overseas)」
The company has quantified the number of domestic and overseas pipeline projects scheduled to reach final investment decision and begin construction during the current fiscal year. - FY2025AdvancedAnnual report
「In the United States, we are also developing battery storage facilities and solar power plants co-located with battery storage systems. In Texas, we entered into an agreement to acquire a 70% interest in a battery storage business. In addition, we have joined Pathway Power's solar and battery hybrid business, involving 150 MW of solar power and 150 MW of battery storage, and are jointly developing the project.」
Overseas business development expanded concretely from its Asia focus to the United States, with the disclosure of an agreement to acquire a 70% interest in a Texas battery storage business and participation in a hybrid project comprising 150 MW of solar power and 150 MW of battery storage. - FY2024AdvancedAnnual report
「In December 2023, we also entered into an agreement to subscribe for a total of US$25 million of convertible notes issued by Pathway Power Holdings LLC, headquartered in San Diego, California, which develops and operates solar power plants, grid-scale battery storage facilities and other projects in the United States, thereby expanding into a new market.」
In addition to its Asia-focused overseas business development, the company subscribed for US$25 million of convertible notes issued by U.S.-based Pathway Power Holdings LLC, taking concrete steps to enter a new market. - FY2023AdvancedAnnual report
「In Asia, we have offices in Vietnam, the Philippines, South Korea, Indonesia and Singapore, and are promoting the development of our overseas business with a team of approximately 40 people, including the engineering team.」
For its overseas business, the company disclosed offices in 5 Asian countries and regions and a workforce of approximately 40 people, as well as year-round operations at its onshore wind projects in Vietnam and progress on construction of its hydropower project in the Philippines. - FY2022-Q3AdvancedAnnual report
「Multiple onshore wind power projects in Quang Tri Province, the Socialist Republic of Vietnam, with aggregate capacity of 144.0MW, operated by an equity-method affiliate of the Group, commenced commercial operations.」
Multiple onshore wind projects totaling 144.0 MW in Quang Tri Province, Vietnam, commenced commercial operations, advancing overseas business development to the operating stage. - FY2022-Q2AdvancedAnnual report
「In July 2021, the Kiangan hydropower project under construction in Ifugao Province, the Republic of the Philippines, entered into financing-related agreements with financial institutions.」
In its overseas renewable energy business in Asia, the company progressed from onshore wind projects in Vietnam to the signing of financing agreements for a hydropower project in the Philippines. - FY2022-Q1AdvancedAnnual report
「Contract term (Note) 1 20 years from the commercial operation date (Note) 1. The contract term shown is the period during which electricity will be purchased. All projects were scheduled to commence operations by the end of October 2021.」
The company disclosed power purchase agreements with Vietnam Electricity for 20 years after commercial operation begins for 3 onshore wind projects in Vietnam, which were scheduled to commence operations by the end of October 2021. - FY2021-Q1AdvancedAnnual report
「As RENOVA Renewables Vietnam 1 Pte.Ltd., a wholly owned intermediate holding company for the onshore wind power projects in Quang Tri Province, Socialist Republic of Vietnam, became more material during the first quarter of the current fiscal year, it has been included in the scope of consolidation. In addition, Lien Lap Wind Power Joint Stock Company, Phong Huy Wind Power Joint Stock Company and Phong Nguyen Wind Power Joint Stock Company, which operate these projects, have been included in the scope of application of the equity method from the first quarter of the current fiscal year.」
For the onshore wind business in Vietnam, the company progressed to the stage of including the intermediate holding company in the scope of consolidation and the 3 project companies in the scope of application of the equity method. - FY2020-Q3AdvancedAnnual report
「As RENOVA Renewables Asia Pte. Ltd. became more material during the third quarter of the current fiscal year, it has been included in the scope of consolidation.」
Following the increased materiality of RENOVA Renewables Asia Pte. Ltd., the company included it in the scope of consolidation from the third quarter for its overseas Asian business. - FY2018First statedAnnual report
「We will also promote business development overseas, primarily in Asia, and achieve long-term growth.」
In addition to developing multiple domestic power sources, the company identified overseas business development, primarily in Asia, as a means of achieving medium- to long-term growth.