TYO:9282

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Ichigo and Ichigo Green's Power Generation Drops nearly 19% in June

Ichigo (TYO:2337) said combined solar and wind power generation from its own assets and those of its subsidiary, Ichigo Green Infrastructure Investment (TYO:9282), fell nearly 19% year on year in June to 18.1 million kWh.The renewable energy company said output was 11% below forecast due to lower solar output in key regions and rising purchase suspensions, according to a Friday filing on the Tokyo Stock Exchange.Ichigo said the May generation translated into carbon dioxide reduction of 7.78 million kilograms.

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Asia56d ago

Ichigo Renewable Energy Generation Drops 14% in April

Ichigo's (TYO:2337) combined solar and wind power generation with Ichigo Green Infrastructure Investment (TYO:9282) fell 14% year over year to 20.2 million kilowatt-hours in April due to heavy rainfall and reduced daylight hours, according to a Friday filing on the Tokyo Stock Exchange.The company's power output was also affected by a higher frequency of renewable energy purchase suspensions, it said. CO2 reduction totaled 8.69 million kilograms in April, down from 10.2 million kilograms a year earlier.Ichigo and Ichigo Green generated 17.5 million kilowatt-hours and 2.7 million kilowatt-hours, respectively, during the month.Heavy rainfall along Japan's Pacific coast and fewer productive daylight hours in western Japan weighed on renewable energy generation, the company said.

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