Make The World
More Sustainable[Provisional Translation Only]
This English translation of the original Japanese document is provided solely for information purposes.
Should there be any discrepancies between this translation and the Japanese original, the latter shall prevail.

June 5, 2024
IssuerIchigo Green Infrastructure Investment Corporation (“Ichigo Green,” 9282)
2-6-1 Marunouchi, Chiyoda-ku, Tokyo
Representative: Nanako Ito, Executive Director
www.ichigo-green.co.jp/en
Asset Management Company
Ichigo Investment Advisors Co., Ltd.
Representative: Hiroshi Iwai, President
Inquiries: Takao Nitta, Head of Ichigo Green
Tel: +81-3-4485-5233

Solar Power Generation & CO2 Reduction Data – May 2024
FY24/6
No. ofSolarPowerPlants

Panel
Output(MW)ForecastPower
Generation(kWh) (A)1

ActualDifferencePower(kWh)Generation(B) - (A)(kWh) (B)

July
AugustSeptember
OctoberNovember
DecemberJanuary
February
MarchApril
May
June

151515151515
15
15
15
15
15
–

29.43
29.43
29.43
29.43
29.43
29.43
29.43
29.43
29.43
29.43
29.43
–

3,331,352
3,390,175
2,956,398
2,792,646
2,118,787
1,942,648
2,057,284
2,316,789
3,048,468
3,242,717
3,371,385
3,027,479

3,444,320
3,075,438
2,996,016
2,894,497
2,279,891
1,801,726
1,908,996
2,108,597
3,011,711
2,847,604
3,135,697–+112,968-314,737+39,617+101,850+161,103-140,922-148,288-208,191-36,757-395,113-235,687–

1,700,469
1,490,989
1,481,229
1,416,144
1,124,476
873,463
943,818
1,009,394
1,458,705
1,386,533
1,532,925–

Full Year––

33,596,128

–

–

–

CO2
Reduction(kg-CO2)2

May solar power generation was 3,135,697kWh, 7% below the P50 forecast due to heavy rainfall
in eastern and western Japan, suspensions of renewable energy purchases, and a decrease inpower generation efficiency resulting from panel failure at the Ichigo Nago Futami ECO PowerPlant. Due to the operator-guaranteed base revenue, there is no material impact of the panel
failure on earnings.
1Forecast Power Generation is a 50% probability mean annual production forecast (P50forecast), calculated by an independent, third-party technical consulting firm, that serves as
the base forecast for each solar power plant’s operating plan.

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CO2 reduction is calculated as 0.438kg CO2 per kWh, except for the Ichigo Nago Futami
ECO Power Plant for which it is calculated as 0.672kg CO2 per kWh, using the adjusted CO2emission factor disclosed by the Ministry of Environment on March 1 of each year as a fixed
constant until February of the following year.
Power Generation by Solar Power Plant
May 2024
Solar Power Plant

Panel
Output(MW)Forecast Power Actual Power
GenerationGeneration(kWh) (A)(kWh) (B)

Difference(kWh)(B) - (A)Ichigo Kiryu Okuzawa

1.33

151,933

174,920+22,986

Ichigo Motomombetsu

1.40

151,683

168,571+16,888

Ichigo Muroran Hatchodaira

1.24

157,202

181,214+24,012

Ichigo Engaru Kiyokawa

1.12

132,059

132,629+569

Ichigo Iyo Nakayamacho Izubuchi

1.23

147,215

127,359-19,856

Ichigo Nakashibetsu Midorigaoka

1.93

218,078

217,600-477

Ichigo Abira Toasa

1.16

136,729

154,182+17,453

Ichigo Toyokoro

1.02

121,562

122,525+963

Ichigo Nago Futami

8.44

870,613681,580-189,032

Ichigo Engaru Higashimachi

1.24

144,334

134,923-9,411

Ichigo Takamatsu Kokubunjicho Nii

2.43

315,870

271,349-44,520

Ichigo Miyakonojo Yasuhisacho

1.44

176,079

133,058-43,021

Ichigo Toyokawa Mitocho Sawakihama

1.80

199,848

216,217+16,368

Ichigo Yamaguchi Aionishi

1.24

158,683

100,957-57,725

Ichigo Yamaguchi Sayama

2.35

289,490318,606+29,11629.43

3,371,385

3,135,697-235,687

Total

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Suspension of Renewable Energy Purchases
The table below shows the renewable energy power plants owned by Ichigo Green that were
subject to suspension of renewable energy purchases and the corresponding dates during
May 2024.
RegionShikoku
Shikoku
Kyushu
Chubu
Chugoku
Chugoku

Ichigo Iyo Nakayamacho Izububuchi
Ichigo Takamatsu Kokubunjicho Nii
Ichigo Miyakonojo Yasuhisacho
Ichigo Toyokawa Mitocho Sawakihama
Ichigo Yamaguchi Aionishi
Ichigo Yamaguchi Sayama

Date Suspended
May 3, 5, 7, 10, 11, 17, 21, & 26
May 3, 4, 5, 9, 11, 16, 18, 25, & 29
May 3, 4, 8, 10, 14, 16, 18, 20, & 26
May 3, 4, & 5
May 5, 14, 25, & 29May 5, 11, 20, & 29

Note: Power purchases from power plants equipped with online grid control systems aresuspended on an hourly basis at the request of regional general electric utilities(electricity companies).
The table below shows the monthly suspension of renewable energy purchases at Ichigo Green
power plants.
2024
2025
Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Ichigo Kiryu Okuzawa––––––––––––
Ichigo Motomombetsu–––––––– ––––
Ichigo Muroran Hatchodaira––––––––––––
Ichigo Engaru Kiyokawa––––––––––––
Ichigo Iyo Nakayamacho Izubuchi
38––––––––––
Ichigo Nakashibetsu Midorigaoka––––––––––––
Ichigo Abira Toasa––––––––––––
Ichigo Toyokoro––––––––––––
Ichigo Nago Futami––––––––––––
Ichigo Engaru Higashimachi––––––––––––
Ichigo Takamatsu Kokubunjicho Nii
39––––––––––
Ichigo Miyakonojo Yasuhisacho
79––––––––––
Ichigo Toyokawa Mitocho Sawakihama 2
3––––––––––
Ichigo Yamaguchi Aionishi
64––––––––––
Ichigo Yamaguchi Sayama
64––––––––––
There is no material impact of the suspension on Ichigo Green’s FY24/6 earnings forecast
presented in Ichigo Green’s February 14, 2024 release “FY24/6 H1 Earnings.” Ichigo Green
discloses real-time solar power production and CO2 reduction data for each Ichigo Green solar
power plant at www.ichigo-green.co.jp/en/portfolio.

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