TOKYO, Mar 12 (Pulse News Wire) – Renova,inc. (9519.T) reported its power generation figures for February 2026 across its renewable energy facilities in Japan.
The company's total electricity sales reached 272,625,520 kWh, marking a decrease of 7.4% compared to the previous year but an increase of 47.1% compared to the planned amount. For the fiscal year ending March 2026, the cumulative actual electricity sales stood at 2,948,910,007 kWh, showing a slight decline of 8.1% compared to the same period last year but an overall increase of 23.1%. Among the various types of renewable energy sources, solar power contributed significantly, with 13 operational plants totaling 374.4 MW capacity. Biomass power, consisting of seven plants with a combined capacity of 445.2 MW, also played a crucial role. In February, some of RENOVA’s facilities faced power curtailment due to directives from electric utilities.
The total lost generation amounted to 0.129% of the annual planned sales volume, having a minor impact on the company's projected consolidated performance for the fiscal year ending March 2026. Notably, the company incorporated potential risks associated with power curtailments and weather conditions into its revenue forecasts. Specifically, nine out of the company's facilities experienced curtailment, with varying degrees of impact. For instance, the facility in Nishimeya had a curtailment rate of 0.005% while the facility in Ichinomiya recorded a higher rate of 0.001%. Other locations such as Kuroishi and Akita saw significant curtailment days affecting their operations.
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