Kyocera announced on April 3 that it has entered into a capital and business alliance with au Energy Holdings (Chiyoda-ku, Tokyo) and au Renewable Energy (Chiyoda-ku, Tokyo) of the KDDI Group to promote the renewable energy power generation business. bottom.
au Renewable Energy was established on January 12, 2012 for the purpose of constructing renewable energy power generation facilities and supplying the generated power directly to facilities such as KDDI's base stations, communication station buildings, and data centers. The business started on April 1st. KDDI aims to achieve virtually zero CO2 emissions from its own business activities by FY2030 and from its group business activities by FY2050.
au Renewable Energy website
(Source: au Renewable Energy)
Through this capital tie-up, Kyocera will transfer part of the shares of au Renewable Energy held by au Energy Holdings. The shareholding ratio will be 80% for au Energy Holdings and 20% for Kyocera, making it an equity-method affiliate of Kyocera. In addition, Kyocera plans to dispatch one non-executive director.
In the business alliance, Kyocera will be responsible for the design, construction, maintenance and operation of power generation facilities, and au Renewable Energy will own the power generation facilities and manage the amount of power generated. In addition, ENERES (Chiyoda-ku, Tokyo), a subsidiary of au Energy Holdings, plans to use the control technology cultivated in the VPP (virtual power plant) to charge a large storage battery with daytime surplus electricity and sell it to the supply and demand adjustment market. .
