Renewable Japan

About Renewable Japan

Renewable Japan Co., Ltd. (TYO: 9522) operates as a comprehensive provider in Japan's renewable energy sector, with a primary focus on solar power generation. The company was established in January 2012 by Katsuhito Manabe, who was motivated by the Great East Japan Earthquake of 2011 to apply his extensive background in finance to contribute to the nation's energy security and local community revitalization. Manabe's career in investment banking, including his time at Lehman Brothers where he was instrumental in the securitization business, provided a strong foundation for the company's finance-driven approach to energy projects.

The firm's business model is vertically integrated, covering the entire lifecycle of renewable energy projects. This includes development (site selection, business planning), engineering, procurement, and construction (EPC), financing, and asset management. A significant part of its operations is dedicated to the long-term ownership of power plants as an Independent Power Producer (IPP) and providing subsequent operation and maintenance (O&M) services, not only for its own facilities but also for third parties. Revenue is generated through the sale of electricity from its portfolio of owned power plants, the sale of developed power plants, and fees from its O&M services. While solar energy is its core, the company has diversified its power sources to include hydropower and is developing onshore wind farms.

Initially listed on the Tokyo Stock Exchange's Mothers market in December 2021, Renewable Japan has since become a subsidiary of the Tokyu Fudosan Holdings Group as of January 2025. This integration aims to create a more robust entity spanning the entire renewable energy value chain. The company has a nationwide presence with numerous offices, enabling it to manage projects closely and foster relationships with local communities. In addition to its domestic operations, Renewable Japan has expanded internationally, establishing a subsidiary in Spain and acquiring a power plant there in 2022.