RENOVA (JP:9519) has released an update.
RENOVA, Inc. has announced that its subsidiary, Ishinomaki Hibarino Biomass Energy G.K., has commenced selling power to NTT Anode Energy Corporation under a new feed-in-premium system, aiming to enhance profitability and contribute to regional revitalization and job creation. The financial impact of this change is accounted for in the company’s consolidated business results forecast for the fiscal year ending March 31, 2025.
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