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Ichigo Inc. Faces Weather Challenges but Achieves Annual Growth in Renewable Energy

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Ichigo Inc. Faces Weather Challenges but Achieves Annual Growth in Renewable Energy

Ichigo ( (JP:2337) ) just unveiled an update.

Ichigo Inc. reported that its solar and wind power generation for February 2025 was 9% below forecast due to heavy snowfall in Japan, impacting their overall annual power generation, which was 2% below the P50 forecast. Despite these challenges, the company achieved a 2.6% year-over-year increase in total power generation for the fiscal year, reflecting its resilience and commitment to sustainable energy production.

More about Ichigo

Ichigo Inc. operates in the renewable energy sector, focusing on solar and wind power generation. It manages its own power plants as well as those owned by Ichigo Green Infrastructure Investment Corporation, contributing to CO2 reduction efforts.

YTD Price Performance: 1.96%

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $1.04B

See more insights into 2337 stock on TipRanks’ Stock Analysis page.

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