Notice of Revenue from Electricity Sales in October 2021
11/08/2021 | 12:18am EDT
November 8, 2021
Corporate Name: RENOVA, Inc.
Representative: Yosuke Kiminami, Founding CEO
(Stock code: 9519
Tokyo Stock Exchange 1st)
Contact: Kazushi Yamaguchi CFO
(TEL: +81-3-3516-6263)
Notice of Revenue from Electricity Sales in October 2021
RENOVA, Inc. announces the electricity sales figures for renewable energy power plants in Japan.
1. Figures for Electricity Sales
Fiscal Year Ending March 31, 2022
Number of
Generation
Planned
Actual Electricity
% Change
% Change YoY
Power Plants
Capacity*1 (MW)
Electricity Sales
Sales
from Plan
Above: Existing plants*3
under Operation
(kWh) *2
(kWh)
Below: All
April
Solar: 11
Solar: 312.8
46,032,976
50,126,941
+8.9%
+50.0%
Biomass: 1
Biomass: 20.5
+5.3%
May*4*
Solar: 11
Solar: 312.8
42,292,289
41,877,844
-1.0%
+98.2%
Biomass: 1
Biomass: 20.5
+6.9%
June
Solar: 11
Solar: 312.8
78,166,785
68,944,756
-11.8%
+54.5%
Biomass: 2
Biomass: 95.5
+46.6%
July*5
Solar: 11
Solar: 312.8
96,611,419
94,185,957
-2.5%
+79.4%
Biomass: 2
Biomass: 95.5
+145.0%
August
Solar: 11
Solar: 312.8
98,084,778
94,893,613
-3.3%
+3.4%
Biomass: 2
Biomass: 95.5
+85.2%
September
Solar: 11
Solar: 312.8
88,457,000
89,274,866
+0.9%
+23.5%
Biomass: 2
Biomass: 95.5
+129.0%
October*6
Solar: 12
Solar: 353.6
93,163,278
93,361,203
+0.2%
+23.2%
Biomass: 2
Biomass: 95.5
+143.9%
November
Solar: 12
Solar: 353.6
84,021,404
Biomass: 2
Biomass: 95.5
December
Solar: 12
Solar: 353.6
82,131,093
Biomass: 2
Biomass: 95.5
January
Solar: 12
Solar: 353.6
83,605,598
Biomass: 2
Biomass: 95.5
February
Solar: 12
Solar: 353.6
80,880,845
Biomass: 2
Biomass: 95.5
March
Solar: 12
Solar: 353.6
94,821,333
Biomass: 2
Biomass: 95.5
Full-Year
‒
‒
968,268,797
YTD
‒
‒
542,808,525
532,665,180
-2.3%
+45.3%
Cumulative
+67.4%
*1 The generation capacity for solar power plants is based upon the maximum output of each solar power plant's modules, and the generation capacity for biomass power plants is based upon the gross capacity. Both list generation capacity at month end.
*2 The planned electricity sales figures are calculated by RENOVA at renewable energy power plants operated in Japan.
*3 Existing plants refer to those which have been in operation for at least 13 months.
*4 There was an outage at the biomass power plant due to the scheduled annual maintenance in May 2021.
*5 Kanda Biomass power plant operated in June 2021.
*6 Karumai Sonbou solar power plant operated in October 2021.
Comparison between Planned and Actual YTD Cumulative Electricity Sales (in kWh)
1,200,000,000
Planned (of all)
Actual (of all)
1,000,000,000
800,000,000
600,000,000
400,000,000
200,000,000
0
Apr.
May
June
July
Aug.
Sep.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
2021
2022
2. Monthly Electricity Sales by Plant
October 2021
YTD
Ownership
Purchase Price*5
Generation
Preliminary
Cumulative
Figures from
Power Plant
Capacity*1
Figures
Interest
(per kWh)
Apr. 2020 to
(MW)
(kWh)
Mar. 2021
(kWh)
Suigo-Itako Solar Co., Ltd.
68.0%
40 yen
15.3
1,221,528
11,433,504
Futtsu Solar Co., Ltd.
51.0%
40 yen
40.4
3,539,040
31,002,360
Kikugawa-Ishiyama Solar Co., Ltd.*6
63.0%
40 yen
9.4
947,402
7,383,592
Kikugawa-Horinouchiya Solar Co., Ltd.*6
61.0%
40 yen
7.5
743,778
5,812,135
Kokonoe Solar T.K.*7
100.0%
40 yen
25.4
2,556,240
17,499,168
Nasu-Shiobara Solar T.K.
100.0%
40 yen
26.2
2,045,736
17,393,064
Ozu Solar T.K.*6*7
100.0%
36 yen
19.0
2,102,688
13,074,606
Yokkaichi Solar T.K.*6
100.0%
36 yen
21.6
1,945,272
15,029,420
Nasu-Karasuyama Solar T.K.*6
100.0%
36 yen
19.2
1,600,608
13,225,676
Karumai-West Solar T.K.*6
100.0%
36 yen
48.0
3,828,600
36,935,900
Karumai-East Solar T.K.*6
100.0%
36 yen
80.8
6,123,700
59,770,400
Karumai-Sonbou T.K.
55.0%
36 yen
40.8
3,437,700
3,437,700
United Renewable Energy Co., Ltd.
35.3%*8
32 yen/24 yen*9
20.5
13,127,600
84,208,660
Kanda Biomass Energy K.K.
53.07%
24 yen/32 yen*9
75.0
50,141,300
216,458,984
93,361,192
532,665,169
Total
*5 The fixed purchase price, exclusive of consumption tax, is based upon the FIT Scheme for each power plant and may differ from the actual electricity sale price.
*6 Kikugawa-Ishiyama Solar Co., Ltd., Kikugawa-Horinouchiya Solar Co., Ltd., Ozu Solar T.K., Yokkaichi Solar T.K.,Nasu-Karasuyama Solar T.K., Karumai-West Solar T.K. and Karumai-East Solar T.K. consider the impact of output curtailment caused by Utilities' grid construction in the vicinity of the RENOVA's Power Plant in full-year performance forecasts.
*7 Expected output curtailment at the Kokonoe Solar T.K. and Ozu Solar T.K. are incorporated into its full year performance forecasts.
*8 RENOVA has invested in URE through Sensyu Holdings Co., Ltd., a subsidiary of RENOVA. Assuming that RENOVA directly owns URE's shares, RENOVA's substantial interests, calculated by multiplying URE's shares owned by Sensyu Holdings by RENOVA's equity in Sensyu Holdings, are 35.3%.
*9 The purchase price for wood biomass derived from thinned wood is 32 yen whereas that for general wood biomass is 24 yen.
3. Status of output curtailment
In October 2021, Kyushu Electric Power, Incorporated. issued an output control instruction and a part of power plants operated by RENOVA stopped generating electricity.
As the effect on the consolidated financial forecast for the fiscal year ended March 31, 2022 was minor, the total amount of power generation loss was 0.098% (Total power generation due to output restriction in October 2021) of the annual revenue plan for all power plants.
In the process of setting planned full-year figures for electricity sales, RENOVA takes into account certain output control risks and weather impact risks in the power generation business.
Renova Inc. published this content on 08 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 November 2021 05:17:08 UTC.