Renova Reports April Power Generation Figures for Renewable Energy Facilities

TOKYO, May 25 (Pulse News Wire) – Renova,inc. (9519.T) reported its power generation figures for April across its major renewable energy facilities in Japan.

In April, large-scale solar power generated 37,440 MW of capacity with planned electricity sales of 35,603,021 kWh and actual sales of 33,012,087 kWh, marking a decrease compared to previous months. Biomass power production also saw fluctuations due to scheduled maintenance during certain months. Overall, the company's total planned electricity sales for fiscal year 2027 are projected at 281,090,147 kWh, while actual sales stand at 277,630,679 kWh, showing a slight increase year-over-year.

In addition, Renova experienced some curtailment of power output in April due to directives from electric utilities, impacting a portion of its operational facilities. However, the company stated that the impact on its fiscal year 2027 consolidated performance forecast remains minor. Renova incorporates potential risks such as output control and weather impacts into its revenue planning process.