RENOVA Sees Stable Growth in Renewable Energy Sales
Company Announcements

RENOVA Sees Stable Growth in Renewable Energy Sales

RENOVA (JP:9519) has released an update.

RENOVA, Inc. reports a slight decrease of 1.4% in actual electricity sales against the planned figures for the fiscal year but showcases an overall year-on-year increase of 3.6%. The company operates numerous renewable energy power plants, including solar, biomass, and geothermal, with new plants scheduled to start within the fiscal year. Despite minor output curtailments due to electric power control instructions, the impact on the financial forecast for the fiscal year is minimal.

For further insights into JP:9519 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Japan Auto-Generated NewsdeskRENOVA Reports Robust Revenue Growth Amid Profit Challenges
TipRanks Japan Auto-Generated NewsdeskRENOVA Expands Solar Power with New Virtual PPA
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App