en.Wedoany.com Reported - Kyuden Mirai Energy has transferred a 28MW solar power plant it developed and owns to a newly established joint venture with the Development Bank of Japan (DBJ). The assets have been injected into the new entity, Kyuden Mirai Solar LLC. Currently, the company owns 12 solar projects in Japan, with individual capacities ranging from 1MW to 10.5MW, which were commissioned between November 2010 and February 2017.

Kyuden Mirai Energy stated that its wholly owned subsidiary will be responsible for the operation, maintenance, aggregation, and related services of this solar portfolio. The company also plans to acquire additional Feed-in Tariff (FIT) power plants, convert them to Feed-in Premium (FIP) models, and add battery energy storage to enhance asset value.

This joint venture transfer with DBJ creates new possibilities for solar asset integration and battery storage upgrades. Under a structure supported by DBJ's governance and capital, a larger, more financeable platform has been established, enabling Kyuden Mirai Energy to expand its solar asset portfolio. Consolidating multiple operational solar sites (ranging from 1MW to 10.5MW) into a single entity facilitates future project upgrades, refinancing, and commercial contract signing. Systematic lifecycle management of existing assets is achieved through a dedicated operational structure overseeing performance, maintenance planning, and output optimization across the entire portfolio. Aggregating generation under one entity helps improve power purchase flexibility, reduce transaction costs, and enhance market participation for both existing and future projects. The new platform provides a clearer pathway for acquiring additional solar assets that can transition to the FIP framework. Portfolio-level planning around dispatch, value maximization, compliance, and performance targets facilitates the conversion of policy-driven revenue models from FIT to FIP. Meanwhile, pairing energy storage with solar generation through an upgradeable ownership and asset management model improves dispatchability and utilization, making the addition of battery storage more feasible. Treating storage as a value-enhancing retrofit component across multiple sites, rather than as isolated projects, improves the investment outlook for storage projects. Revenue resilience is enhanced by aligning solar operations with grid and market incentives that reward flexibility, peak shifting, and enhanced grid services.