IGrid Solutions

About IGrid Solutions

IGrid Solutions Inc. is a Japanese energy company founded in 2004 that specializes in renewable energy and energy management services. The company's President is Tomokazu Akita, who took over from founder Sōsuke Honda in May 2021; Honda is now the Chairman of the Board. Akita joined the company in 2009 and was responsible for new business development, including the solar power and electricity supply businesses, before his promotion to president.

The company's primary focus is promoting green energy circulation to enhance renewable energy self-sufficiency for businesses. It has held the top provider spot in Japan for its Power Purchase Agreement (PPA) service for three consecutive years. This service involves installing solar panels on facility rooftops, such as supermarkets, logistics centers, and home improvement stores, to generate renewable energy. As of August 2025, iGrid had a track record of PPA development for rooftop solar installations at 1,240 sites, totaling 305 MW. By January 2026, this had grown to 1,325 facilities with a generating capacity of approximately 331 MW. The company aims to maximize the use of the produced energy through solutions like battery storage and EV charging.

IGrid Solutions utilizes an AI-powered platform called "R.E.A.L. New Energy Platform®" to predict power consumption, promote energy-saving actions, and manage a network of distributed power sources. This platform enables the circulation of surplus energy, allowing it to be used locally for purposes like charging EVs or being distributed within the community. The company also offers an energy management system called "Enedge" which uses AI to predict electricity usage and promote energy-saving behaviors. For residential customers, iGrid provides electricity plans like "Suma Den CO2 Zero" and the new "Weekend Zero" plan, which offers free electricity during weekend daylight hours by utilizing surplus power from commercial facilities.

The company's business model is centered on providing integrated Green Transformation (GX) solutions. This includes developing and operating onsite solar power plants, consulting services, and offering energy trading services to efficiently circulate renewable energy resources. It generates revenue through PPAs, where clients purchase the generated energy at a fixed long-term price. IGrid has secured significant funding, raising a total of $158M, with a notable Series B round in August 2023. Its major investors and partners include ITOCHU Corporation, Kansai Electric Power, Tokyu Land Corporation, and Mizuho Capital.