Renova, Inc. has concluded a loan agreement for approximately 6 billion yen for a 90MW\/270MWh energy storage project in Kikugawa City, Shizuoka Prefecture, aiming for a cumulative installed capacity of 900MW by 2030.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-03-31","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/9519-20260331-01.pdf","jir_short_summary":"Renova, Inc. has concluded a loan agreement for approximately 6 billion yen for a 90MW\/270MWh energy storage project in Kikugawa City, Shizuoka Prefecture, aiming for a cumulative installed capacity of 900MW by 2030.","jir_summary":"### Overview of Loan Agreement Conclusion\nRenova, Inc. has formed project finance by concluding a loan-related agreement of approximately 6 billion yen with SBI Shinsei Bank, Ltd. for R One Energy Storage LLC, which is developing a 90MW\/270MWh energy storage project in Kawahigashi, Kikugawa City, Shizuoka Prefecture. This project is one of the largest market-sale type energy storage projects in Japan and represents an advanced example of non-recourse project finance. The battery facility will mainly be utilized in the supply-demand adjustment market and capacity market, contributing to the stabilization of the power grid.\n\n### Future Prospects and Corporate Strategy\nAs of March 2026, Renova's operating and construction-started energy storage business installed capacity has reached 352MW, and the medium-term management plan aims to build a cumulative installed capacity of 900MW by 2030. This loan agreement has been factored into the earnings guidance revision announced on March 27, 2026. Renova will continue to promote the development of the energy storage business toward realizing a decarbonized society and enhance corporate value.","jir_financial_highlights":"Loan Amount: approximately 6 billion yen (unknown)\nEnergy Storage Business Installed Capacity (Operating and Construction Started): 352MW (unknown)\nTarget Cumulative Installed Capacity (by 2030): 900MW (unknown)","jir_category":"","jir_hashtags":"#RenovaInc, #EnergyStorageBusiness, #business_update, #JapaneseStocks","jir_key_figures":"Loan Amount: approximately 6 billion yen (agreement with SBI Shinsei Bank, Ltd.)\nEnergy Storage Business Installed Capacity: 352MW (operating and construction started)\nTarget Cumulative Installed Capacity: 900MW (by 2030)","jir_meta_title":"Renova, Inc. Concludes Approximately 6 Billion Yen Loan Agreement for 90MW Energy Storage Project, Targets 900MW by 2030","jir_meta_description":"Renova, Inc. has concluded a loan agreement for approximately 6 billion yen for a 90MW\/270MWh energy storage project in Kikugawa City, Shizuoka Prefecture. The company aims to establish a cumulative installed capacity of 900MW by 2030, contributing to the realization of a decarbonized society.","jir_og_title":"Renova Concludes Approximately 6 Billion Yen Loan Agreement for One of Japan\u2019s Largest Energy Storage Projects","jir_og_description":"Renova has signed a loan agreement for a 90MW energy storage project in Shizuoka Prefecture and aims for 900MW installed capacity by 2030. This marks an important step toward a decarbonized society.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17160,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-38293","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n