Draft:Renova
(Redirected from Draft:RENOVA, Inc.)
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RENOVA, Inc. (レノバ) is a company headquartered in Chuo, Tokyo that develops and operates renewable energy power generation facilities.
Overview
[edit]The company develops and operates renewable energy power plants such as solar, biomass, wind, geothermal, and hydroelectric power. Since its founding in May 2000, it has consistently expanded its business in the environmental and energy sectors. In 2012, it fully entered the renewable energy business. Additionally, in 2022, it established the GX (Green Transformation) Headquarters to promote the development of new green businesses that contribute to decarbonization, such as small-scale distributed solar power, battery storage projects, and onshore wind power in Japan. The company has also started new ventures in the United States, beginning with an investment in Pathway Power Holdings.
The publicly announced projects that are operational, under construction, or in development span 28 locations nationwide, with a total power generation capacity of 1.6 gigawatts (1,600 MW). Additionally, the company has established offices in five locations overseas—Singapore, South Korea, Vietnam, the Philippines, and Indonesia—further intensifying its international business development.
Origin of the Company Name
[edit]The name “RENOVA” is derived from the Latin word for “renew” (Renovarent). It also embodies the desire to be a new star (Nova) leading the realization of a renewable society.
History
[edit]- May, 2000: Recycle One Co., Ltd. was established in Akasaka, Minato, Tokyo.
- July, 2001: Headquarters moved to Sakuragaokacho, Shibuya, Tokyo.
- May, 2006 Ecos Factory Co., Ltd. and Green Loop Co., Ltd. were established as affiliated companies.
- 2008
- January: Recycling plants of Ecos Factory Co., Ltd. and Green Loop Co., Ltd. began operations.
- June: Headquarters moved to Shibuya, Shibuya-ku, Tokyo.
- October, 2012: Suigo Itako Solar Co., Ltd., Futtsu Solar Co., Ltd., Kikugawa Horinochi Valley Solar Co., Ltd., and Kikugawa Ishiyama Solar Co., Ltd. were established as affiliated companies.
- December, 2013: Company name changed to RENOVA, Inc.
- 2014
- January: Headquarters moved to Otemachi, Chiyoda, Chiyoda-ku, Tokyo.
- February: Suigo Itako Solar Power Plant began operations.
- August: Futtsu Solar Power Plant began operations.
- 2015
- February: Kikugawa Horinochi Valley Solar and Kikugawa Ishiyama Solar Power Plants began operations
- May: Kokonoe Solar Power Plant began operations.
- September: Nasushiobara Solar Power Plant began operations.
- 2016
- April: Otsu Town Solar Power Plant began operations.
- July: Akita Biomass Power Plant began operations.
- August: Sold shares of three plastic recycling subsidiaries (Ecos Factory, Green Loop, and one other).
- 2018
- February: Changed market to the First Section of the Tokyo Stock Exchange.
- October: Headquarters moved to Kyobashi, Chuo,Tokyo.
- 2019
- March: Yokkaichi Solar Power Plant began operations.
- May: Nasukarasuyama Solar Power Plant began operations.
- July: Karumai West Solar Power Plant began operations.
- December: Karumai East Solar Power Plant began operations.
- May, 2020: Decided to participate in the Quang Tri Onshore Wind Power Project in Vietnam.
- 2021
- June: Kanda Biomass Power Plant began operations.
- October: Karumai Sonbo Solar Power Plant began operations.
- October: Quang Tri Onshore Wind Power Project began operations.
- 2022
- April: Established the GX (Green Transformation) Headquarters.
- August: Signed the first Non-FIT solar power purchase agreement (PPA) with Tokyo Gas Co., Ltd.
- 2023
- March: Minami Aso Yunotani Geothermal Power Plant began operations.
- May: Signed the first virtual PPA with Murata Manufacturing Co., Ltd.
- June: Hitoyoshi Solar Power Plant began operations.
- August: Established a joint venture with Idemitsu Kosan, Nagase & Co., and SMFL Mirai Partners to start the first grid-scale battery storage project.
- November: Sendai Gamo Biomass Power Plant began operations.
- December: Tokushima Tsuda Biomass Power Plant began operations.
- 2024
- January: Decided to invest in Pathway Power Holdings LLC, headquartered in San Diego, Calfornia, USA.
- March: Ishinomaki Hibari Field Biomass Power Plant began operations.
- April: Signed a capital and business alliance agreement with Tokyo Gas Co., Ltd.
- September: “Gamo Nakano Nostalgia Hall” within the Sendai Gamou Biomass Power Plant was registered as a “Disaster Legacy Facility”.
Main power plants:
[edit]Currently in operation
[edit]- Suigo Itako Solar (Itako, Ibaraki Prefecture, 15.3 MW)
- Futtsu Solar (Futtu, Chiba Prefecture, 40.4 MW)
- Kikugawa Ishiyama Solar (Kikugawa, （Shizuoka Prefecture 9.4 MW）
- Kikugawa Horinochi Valley Solar (Kikugawa City, Shizuoka Prefecture, 7.5 MW)
- Kokonoe Solar (Kusu District, Kokonoe, Oita Prefecture, 25.4 MW)
- Nasushiobara Solar (Nasushiobara, Tochigi Prefecture, 26.2 MW)
- Ozu Solar (Kikuchi District,Ozu, Kumamoto Prefecture, 19.0 MW)
- Yokkaichi Solar (Yokkaichi, Mie Prefecture, 21.6 MW)
- Nasukarasuyama Solar (Nasukarasuyama, Tochigi Prefecture, 19.2 MW)
- Karumai West Solar (Karumai, Kokonohe District, Iwate Prefecture, 48.0 MW)
- Karumai East Solar (Karumai, Kunohe District, Iwate Prefecture, 80.8 MW)
- Karumai Sonbo Solar (Karumai, Kunohe District, Iwate Prefecture, 40.8 MW)
- Hitoyoshi Solar (Hitoyoshi, Kumamoto Prefecture, 20.8 MW)
- Akita Biomass (Akita, Akita Prefecture, 20.5 MW)
- Kanda Biomass (Kanda, Miyako District, Fukuoka Prefecture, 75.0 MW)
- Sendai Gamou Biomass (Sendai, Miyagi Prefecture, approximately 75.0 MW)
- Tokushima Tsuda Biomass (Tokushima, Tokushima Prefecture, 74.8 MW)
- Ishinomaki Hibari-no Biomass (Ishinomaki, Miyagi Prefecture, approximately 75.0 MW)
- Minamiaso Yunotani Geothermal (Minamiaso, Kumamoto Prefecture, approximately 2.0 MW)
- Quang Tri Onshore Wind (Quang Tri Province, Vietnam, 144.0 MW)
Under the construction
[edit]- Omaezaki Port Biomass (Omaezaki, Shizuoka Prefecture, 75.0 MW)
- Karatsu Biomass (Karatsu, Saga Prefecture, 49.9 MW)
- Abukuma Onshore Wind (Fukushima Prefecture, approximately 150 MW)
- Reihoku-Amakusa Onshore Wind (Amakusa District, Kumamoto Prefecture, 54.6 MW)
- Kiangan Hydropower (Ifugao, Philippines, 8.3 MW)
Under the development
[edit]- Hakodate Esan Geothermal (Hakodate, Hokkaido, capacity undecided)
- Offshore Wind Power off Isumi (Isumi City, Chiba Prefecture)
- Offshore Wind Power off Karatsu City (Karatsu, Saga Prefecture)
Affiliated Companies
[edit]- Renova Asset Management Co., Ltd.
- RENOVA RENEWABLES ASIA PTE. LTD.
- RENOVA Renewables Korea Co., Ltd.
- RENOVA VIETNAM COMPANY LIMITED
- RENOVA Renewables Philippines Inc.
- PT RENOVA RENEWABLES INDONESIA
- Daiichi Solar Power LLC
- Suigo Itako Solar Co., Ltd.
- Futtsu Solar Co., Ltd.
- Kikugawa Ishiyama Solar Co., Ltd.
- Kikugawa Horinochi Valley Solar Co., Ltd.
- Kokonoe Solar Anonymous Association Project
- Nasushiobara Solar Anonymous Association Project
- Ozu Solar Anonymous Association Project
- Karumai West Solar Anonymous Association Project
- Karumai East Solar Anonymous Association Project
- Yokkaichi Solar Anonymous Association Project
- Nasukarasuyama Solar Anonymous Association Project
- Karumai Sonbo Solar Anonymous Association Project
- Hitoyoshi Solar Anonymous Association Project
- United Renewable Energy Co., Ltd.
- Kanda Biomass Energy Co., Ltd.
- Tokushima Tsuda Biomass Power Plant LLC
- Omaezaki Port Biomass Energy LLC
- Ishinomaki Hibari-no Biomass Energy LLC
- Mori no Miyako Biomass Energy LLC
- Karatsu Biomass Energy LLC
- Reihoku Wind Power LLC
- Fukushima Reconstruction Wind Power LLC
- Minamiaso Yunotani Geothermal Co., Ltd.
- Lien Lap Wind Power Joint Stock Company
- Phong Huy Wind Power Joint Stock Company
- Phong Nguyen Wind Power Joint Stock Company
- KIANGAN MINI HYDRO CORPORATION
TV Program
[edit]- Nikkei Special Gaia no Yoake "Trash Electronics Turn into Money - TV, Computers... Hidden 'Gold Mine'" (February 13, 2007, TV Tokyo). - A report on the front lines of Japan securing rare metals. 。-A report on the front lines of Japan securing rare metals.
Footnotes
[edit]Sources
[edit]- ^ "Renova Eyes Growth in Renewables Market in Japan Beyond Solar" Bloomberg (2016-05-16)
- ^ Organization Chart | RENOVA, Inc.
- ^"Consolidated Financial Results for the Fiscal Year Ended March 31, 2024 (International Financial Reporting Standards (IFRS))(Non–audited)" | RENOVA, Inc. (2024-05-08)
- ^ “Notice Concerning Investment in Pathway Power Holdings LLC (USA) | RENOVA, Inc.” (2024-01-12)
- ^ “Notice Concerning Conclusion of Capital and Business Alliance Agreement with Tokyo Gas Co, Ltd., Issuance of New Shares by Way of Third-Party Allotment, and Change in Major Shareholder” Nikkei Inc. (2024-04-01)
- ^ “RENOVA, Inc. held a completion ceremony for the largest mega-solar power plant in the Kanto region, located in Futtsu City, Chiba Prefecture.” Zaikei Newspaper (2014-08-06)
- ^ "RENOVA Inc. starts operation of a mega solar power plant with a total capacity of approximately 17MW in Kikugawa City, Shizuoka Prefecture." Rakuten(2015-02-19)
- ^ "RENOVA, Inc. has a 25MW mega-solar project in Kokonoe Town, Oita Prefecture." Nikkei XTECH (2015-06-18)
- ^ "RENOVA, Inc. has a 25MW mega-solar project in Nasushiobara City" Nikkei XTECH (2015-10-26)
- ^ "RENOVA, Inc. operates a 19MW mega-solar project in Ozu Town, Kumamoto Prefecture" Nikkei XTECH (2016-09-23)
- ^ "One of the largest biomass power plants in the Tohoku region" Smart Japan (2015-04-07)
- ^ “A place to remember the hometown lost to the tsunami: "Gamo Naka no Noshu-kan" opens in Sendai.” KAHOKU SHIMPO PUBLISHING CO. (2024-03-04)
- ^ “Tsuda Biomass Power Plant begins commercial operation with an output of 74,800 kilowatts, one of the largest in Shikoku | Economy | Tokushima News | Tokushima Shimbun Digital.” Tokushima Shimbun Digital (2023-12-12)
- ^ “RENOVA, Inc. begins commercial operation of the Quang Tri wind power project - NNA ASIA, Vietnam, Public Utilities.” NNA ASIA (2021-11-09)
- ^ "Garbage" electricity turns into money - TV Tokyo (2007-02-13)