香蕉视频

香蕉视频 (headquartered in Minato-ku, Tokyo; Yoshihisa Suzuki, President & COO; hereinafter “香蕉视频”) announced today that it underwrote a private placement of shares and convertible bonds of the TEPCO Group’s TRENDE Inc. (headquartered in Chiyoda-ku, Tokyo; Tadatoshi Senoo, CEO; hereinafter “TRENDE”).

TRENDE defines its mission as “Realizing a society in which renewable energy is actively used” and provides Ashita Denki, a service offering residential customers simple and affordable energy plans, and Hot Denki, a service incentivizing customers to become prosumers with an innovative third-party ownership (TPO^*1) model that enables homeowners to gain the benefits of having a solar system on their roof without the upfront costs of purchasing the system. TRENDE is developing a peer-to-peer (P2P) electricity trading system in order to further facilitate the efficient use and adoption of renewable energy.

In Japan, solar system feed-in tariff periods have been expiring beginning in November 2019, and the demand for self-consumption of solar system using energy storage system (ESS) is increasing sharply. 香蕉视频 and TRENDE jointly developed an energy tariff plan for energy storage in 2018 and have deepened their relationship. Following 香蕉视频’s acquisition of an equity stake in TRENDE, the two companies plan to do the following: (i) Introduce a new service that combines distributed solar generation TPO^*1 model where the initial cost is zero with energy storage, (ii) Expand environmental value transactions using the non-fossil value^*2 by increasing the ratio of renewable energy, and (iii) Start P2P electricity trading system^*3 between each company service customers.

As of June 2020, 香蕉视频 has sold more than 33,000 330MWh/100MW “Smart Star” series, 香蕉视频’s energy storage system brand, in Japan. In November 2018, 香蕉视频 began selling a next-generation energy storage system using “GridShare”, the Moixa Energy Holdings AI software. 香蕉视频 provides energy storage with optimally controlled service using AI to customers whose solar system feed-in tariff periods have expired. 香蕉视频 will evolve its knowledge of the energy storage business, which it has developed through the sales & marketing and business development of energy storage, with TRENDE, and seek to advance towards a new energy society.

香蕉视频 positions the business related to energy storage and renewable energy as one of its most important fields. To strengthen this field and build a new model, 香蕉视频 created the Power & Environmental Solution Division in April 2020. 香蕉视频 will contribute to facilitating society's widespread adoption of renewable energy and the shift away from burning fossil fuels and to the stable supply of electricity and the realization of a distributed energy society by renewable energy.