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Nippon Renewable Energy
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Developer of solar PV projects in Japan

Founded in 2013
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Company type Private Public ()
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Industry Group energy & power

Sector solar

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Japan Tokyo, Japan
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Updated by Cleantech Group on 08/19/2021

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Date Company
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Date Partner Type
01/28/2014
Japan Solar Japan Solar
NRE is partnering with Japan Solar on a pipeline of more than 300 MW over the next two years. Four projects in Oita, Hyogo, Hiroshima and Aomori prefectures totaling 47.5 MW have been contracted and will commence construction having completed financing and construction documentation. A further 110 MW of projects will follow this year.
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Confirmed by Japan Solar
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IPO INFORMATION

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Date Investors Type Amount
01/27/2014 LGsuper LGsuper , Qantas Superannuation Qantas Superannuation , Equis Asia Fund Equis Asia Fund , Equis Energy Equis Energy , Partners Group Partners Group (5)
Post-money valuation of
Nippon Renewable Energy has raised JPY 26.1 billion (US$250 million) in equity capital to fund utility-scale solar generation facilities across Japan.
Project Finance $250,000,000
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