Tekoma Energy
Nov 24, 2024
Tekoma Energy株式会社
Tekoma Energy Secures an Additional $50 Million Investment for Strategic Growth in Japan’s Renewable Energy Market
Tekoma Energy KK, a leading solar energy provider in Japan, is pleased to announce that it has secured a $50 million investment from a new investor to accelerate its growth in the solar PV sector. The investment is led by ABC Impact, a private equity fund under Singapore-based global investment company Temasek. Leveraging this new funding along with the lead-sponsor HSBC Asset Management’s Energy Transition Infrastructure (ETI) Team, Tekoma Energy is committed to its mission to accelerate Japan’s transition to sustainable and clean energy in the development of solar PV projects.
This additional capital underscores the potential of the Japanese renewable energy market, which offers a favorable regulatory environment and substantial demand for renewable energy amidst the high climate risk and rapidly evolving landscape in Asia. Tekoma Energy plans to expand its solar PV portfolio in Japan to over 400 MW within the next five years and will actively strengthen partnerships with corporate power purchase agreement (PPA) offtakers.
Statement from Gerard Terricabras Ginebra, Representative Director
“Our portfolio in Japan includes 25 solar PV projects, along with developments in agrisolar PV plants and battery storage system. With the support of our new investor, we will continue to work toward Japan and Asia’s sustainable growth and contribute to energy security and carbon neutrality goals in Japan.”
About Tekoma Energy KK https://www.tekoma.energy/ja
Tekoma Energy is an independent power producer (IPP) which is responsible for the planning, development, construction, ownership, asset management, operation and maintenance, and power supply of the solar PV project. As a specialist in renewable solar power development for North Asia, including Japan, Taiwan, and South Korea, Tekoma Energy is dedicated to create a brighter future with renewable energy.