TOKYO, Jun 25 (Pulse News Wire) – Star Seeds CO.,LTD. (3083.T) announced that its board of directors, held, approved the acquisition of land rights, equipment, and power connection rights for a new renewable energy storage facility from WinTech Corporation.
The acquired property, located at 23-49 and 23-120 in Aichi, Chita Gun Higashiura Machi Ooaza Morioka Jika Sarukan, includes a battery storage system capable of handling up to 1998.0 kW of electricity. The facility will be connected to Chubu Electric Power Power Grid Kabushiki Kaisha. WinTech Corporation, based in Tokyo, Oota Ku Sannou Ichi Choume31-11, was established in March 2017 with a capital of ¥9 million. The transaction amount remains undisclosed due to confidentiality agreements between the parties involved. Payment will be made via bank transfer.
Construction is scheduled to begin on June 30, 2026, with completion expected by November 2026. Connection to the power grid is anticipated in December 2026, followed by operational commencement in January 2027. This acquisition aligns with Star Seeds' strategy to expand its renewable energy operations, as previously outlined in its July 17, 2025, press release announcing entry into the utility-scale battery storage sector. The impact of this project on the company's fiscal performance for the fiscal year ending February 2027 has been reflected in the revised earnings forecast released earlier today. Any further developments will be disclosed promptly.
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