We started our environment-friendly renewable energy business in 2014 by utilizing our long-amassed expertise in community planning and partner co-creation as a comprehensive developer. We will continue to help realize a sustainable society by developing solar power generation and wind power generation facilities across Japan, always in close cooperation with local communities.
INFRASTRUCTURE & INDUSTRY
Renewable Energy
ReENE-Tokyu Land Corporation’s Renewable Energy Business
We have been developing this business under the ReENE brand name since 2018 in order to help solve three social issues: developing local economies, achieving a decarbonized society, and improving Japan's energy self-sufficiency rate. We will be able to use our industry-leading power generation capabilities to deliver new value and clean energy for the future.
Total number of projects
113
Rated capacity
1,806 MW
General household energy consumption equivalent
Approx.849,000households *
* Includes joint ventures
* Rated capacity is prior to conversion based on equity stakes
* Total number of projects and rated capacity include one rooftop project (includes projects already in operation/under development)
* MW stated in terms of panel capacity, etc.
* Calculated based on an assumed annual electricity consumption per household of 4,716 kWh (Japan Photovoltaic Energy Association Labeling Guidelines for FY2023)
(As of August, 2024)
Solar power generation
ReENE Namegata Solar Power Plant
Proprietary project developed with the local community
Located on Kasumigaura Bay on the Kanto Plain with its high levels of solar radiation, this power plant boasts seven solar panel installation areas centered around existing agricultural reservoirs. We progressed this project independently from acquiring the rights to selling the electricity, and began operations in October 2020.
ReENE LOGI’Q Hirakata Solar Power Plant
Rooftop solar power generation business that installs solar panels on the roofs of buildings such as logistics facilities
We began operating a power generation facility featuring solar panels on the roof of our LOGI'Q logistics facility in May 2019. The solar power generated from the rooftop panels will allow the facility to be powered directly by green energy.
Wind power generation
ReENE Matsumae Wind Power Plant
Rows of Japan's largest turbines grace Hokkaido's first wind power plant with storage batteries
This wind power plant, located in Matsumae-cho, Matsumae-gun, Hokkaido, started operating in April 2019. The tower measures 94 meters on its own and 148 meters including the blade. The plant boasts 12 of Japan's largest wind turbines.
New Strategies
Initiatives to Achieve RE100
Tokyu Land Corporation completed conversion of its Japanese facilities to 100% renewable energy in 2022. We are committed to helping realize a carbon neutral society by leveraging our strengths as a producer of electricity, such as utilizing Non-Fossil Certificates with Tracking Information for our own power plants and supplying energy from non-FIT power plants directly to our own facilities.
*Excludes facilities that fall outside the scope of the RE100 commitment, such as those scheduled for sale or demolition and certain joint ventures for which we do not hold authority for energy management.
Initiatives Toward Further Business Growth
As a comprehensive real estate development company, we aim to achieve further business growth by adding value to a wide range of assets.
*Solar sharing business
*Offshore wind power generation business
*Photographs and schematics are conceptual images
In December 2022 we commenced operation of the ReENE Solar Farm Higashimatsuyama in Higashimatsuyama City, Saitama Prefecture, a facility which aims to combine both agriculture and renewable energy. As for offshore wind power, we are actively pursuing various opportunities and considering participation in a wind power development project in the Sea of Japan (southern Aomori Prefecture). We are also pursuing on-site PPA* projects that utilize building rooftops and other spaces.
*Power Purchase Agreement
Working Together with Local Communities
TENOHA Community Development Project
The TENOHA Community Development Project is a regional development project conducted in cooperation with local partners in regions across Japan that aims to promote the smooth introduction of new industries, solve community problems, and revitalize regional communities by providing people with the opportunity to experience first hand how new industries can improve quality of life in their local communities.
ReENE ÉCOLE Environmental Education Program
This environmental education program run by Tokyu Land Corporation aims to provide opportunities for children to learn to care for the environment of their local communities and the earth. The program is designed to provide children—the leaders of the future—with opportunities to gain an interest in and understanding about the environment.
Business development initiatives
We are working together with a range of organizations to achieve sustainable business growth and help solve societal challenges.
ReENE Co., Ltd.
A wholly owned subsidiary of Tokyu Land Corporation established in September 2021 that aims to further expand the renewable energy business by gathering specialized personnel and accumulating relevant know-how.
ReENE Denki Powered by DG is a renewable energy supply service for corporate customers.
In November 2022, we launched an electricity service that utilizes non-FIT power sources owned by Tokyu Land Corporation, targeting customers concerned about rising electricity prices and those with a need for renewable energy sources.
The Renewable Energy Association for Sustainable Power supply (REASP)
Established in December 2019, this organization discusses how to solve issues to achieve objectives, exchanges information with the relevant authorities, and makes policy recommendations on various legal systems and regulations.
The Association for Reciprocal Revitalization of Renewable energy and Region (FOURE)
Established in June 2021.As the representative board member of FOURE, Tokyu Land Corporation promotes decarbonization and regional revitalization through the wider introduction of local renewable energy and provides platforms and business support for regional and renewable energy development.
