Environmental Infrastructure
For the Prosperity of Future Generations
In addition to renewable energy business for the next generation and the future of the Earth,
we provide services that contribute to the realization of a decarbonized society,
such as increasing the efficiency of business management and improving profitability in the power generation business.
We are also working to establish a value chain centered on the Environmental Infrastructure segment.
Environmental Infrastructure
We will support customers and business partners in their business strategies for decarbonization.
The Environmental Infrastructure segment was spun off from the Specialty Financing segment as of April 1, 2023, to further grow our environmental and energy-related businesses.
Strengths
The strength of this segment is in developing a renewable energy business, including a solar power generation business, which is one of the largest in Japan.
As environmental businesses have emerged as a common focus for all industries,
we are also cultivating new businesses by leveraging the knowledge and expertise we have accumulated through our power generation business.
We intend to build a value chain for the environmental business, from power plant development to construction, operation, and energy management, for realizing a decarbonized society.
Opportunities
- Expanding renewable energy business opportunities based on the government policy of boosting the share of non-fossil power in electricity sales to 44% by 2030
- Rising cost of fossil-based electricity due to the introduction of carbon pricing
- Growing demand for renewable energy by companies responding to carbon neutrality
Risks
- Intensifying competitive environment due to the increase in the number of power generation companies as a result of changes in the energy mix
- Declining value of power generation equipment and facilities due to the spread of renewable energy technologies, and an intensifying competitive environment due to decreases in power generation costs
- Financial impact and reputation risk associated with laws and regulations concerning the collection and recycling of solar panels
- Increased costs for damage to power plants and insurance premiums due to intensifying abnormal weather events
- Deputy President, Director and Executive Officer,
- President, Environmental Infrastructure Business Development Unit
Hiroshi Sato
Taking on a Responsible Role to Enhance the Group’s Environmental Business
Environmental business is a common theme for all our divisions, customers, and industries. In promoting environmental business as the Tokyo Century Group, the Environmental Infrastructure segment, which was newly established in April 2023, will consolidate environment-related know-how and knowledge that has been dispersed among operating segments and organizations, share them across the Group, and promote linkages.
Expanding Businesses and Creating New Ones through Strategic Investments and Participation in Environment and Energy Projects
In the Environmental Infrastructure segment, we own and operate a number of solar power plants, including Kyocera TCL Solar LLC. As for biomass power generation, we signed a capital and business alliance agreement in May 2022 with Forest Energy Inc., which develops and operates woody biomass power plants for local production and consumption. In June, we announced our participation in a woody biomass power generation project in Ikoma City, Nara Prefecture.
Major Offerings
Renewable Energy Power Generation Business
Through Kyocera TCL Solar LLC, a joint venture with Kyocera Corporation, we are focusing on solar power, biomass power, and geothermal power generation as well as other businesses.
Solar Power Generation Business Management
Through A&Tm Corporation, we provide asset and technical management for solar power generation businesses, for maximizing the amount of electricity generated and ensuring the stable long-term use of power generation facilities.
Storage Battery Business
The entire Tokyo Century Group is promoting the storage battery business, which is expected to further encourage the use of renewable energy, as a means of proactively participating in each field of the storage battery business.
Biomass Co-Firing Power Generation Business
Through Shunan Power Corporation, we are contributing to the stable supply of energy and focusing on initiatives to increase the co-firing rate and achieve the goal of net zero GHG emissions by 2040.
Transition Roadmap for the Shunan Power Corporation Power Plant in Shunan City, Yamaguchi Prefecture
Key Figures
Number of Solar Power Plants
- Solar Power Plants in Operation
-
145 plants *1
- Amount of Electricity Generated*2
-
750 MW *1
- *1As of March 31, 2023
- *2Power generation capacity of renewable energy businesses (including those outside the Environmental Infrastructure segment)