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The status of the renewable energy business.
The Group's renewable energy power generation facilities are being developed under the brand name ReENE. As of the end of March 2021, we were working on a total of 55 projects, 38 in operation and 17 under development.
The total investment balance is JPY162.8 billion, and the total rated capacity after all properties are operational is 1,143 megawatts. This level of rated capacity, exceeding 1 gigawatt, will be a scale of business that will allow the Group to be recognized overseas as a leading renewable energy provider.
Tokyu Land Corporation is a member of RE100, an international initiative that aims to procure 100% of the electricity consumed in its business activities from renewable energy sources and will significantly advance its target.
The details will be explained later.
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