I would like to express my heartfelt gratitude for your continued outstanding support.

Amid rapidly changing global political conditions, the Cabinet of Japan approved the Seventh Strategic Energy Plan in February 2025. Renewable energy continues to play a major role under the plan, which positions it as the main power source in FY2040, with a target of 40-50% of the energy mix.
Under these circumstances, we have concluded financing agreements for three storage battery business awarded to us in the Long-Term Decarbonization Power Source Auction established in FY2023. The storage battery business is one key field in which RENOVA will be devoting its efforts going forward, and we would like to contribute even further to stabilizing power grids and increasing renewable energy power through these projects.
In terms of existing projects, the Omaezakikou Biomass Power Plant entered commercial operation in January 2025, and other Biomass power plants operating nationwide are maintaining stable rates of operation.
With the inclusion of Non-FIT solar power generation projects and the Reihoku Amakusa Onshore Wind project currently under construction, our current portfolio totals approximately 1.5 GW of power generation capacity, and we are continuing to achieve steady progress and expand our business. Overseas, our accumulated efforts and innovative approaches so far have also borne fruit, contributing to business growth. For example, we have acquired a 70% stake in the storage battery business in Texas, USA.

This year, as we celebrate our 25th anniversary, we have announced our Medium-term Management Plan 2030. Going forward, we will continue working to achieve sustainable growth and increase our corporate value, under our founding philosophy of solving environmental issues through business. We hope for your continued support in the future.

Yosuke Kiminami
Representative Director
President & CEO, Founder
RENOVA, Inc.