Remixpoint's Renewable Energy Advancement
Remixpoint, Inc., listed under code 3825 and headquartered in Minato-ku, Tokyo, has announced the completion of battery installation at its low-pressure solar power plant, Lumiere Kikuchi, located in Kikuchi City, Kumamoto Prefecture. This initiative represents a significant stride for the company as it transitions its solar projects from the Feed-in Tariff (FIT) scheme to the Feed-in Premium (FIP) system, which is intended to enhance the profitability of renewable energy ventures.
On August 20, 2026, the installation work for the battery storage was finalized, ahead of the initial schedule which anticipated completion by October 2026. The plant, with a total generation capacity of approximately 500kW, has ten segments in operation. The FIP conversion project is part of Remixpoint’s broader strategy to improve their generation asset revenue and maximize business value through effective market mechanism adaptation.
Significance of the Lumiere Kikuchi Plant
This facility represents the first of Remixpoint’s low-pressure FIP conversion projects. The company plans to continue with the FIP transition process, aiming for completion by March 2027, followed by the plant’s official commencement of operations. Furthermore, the company is set to enter the demand and supply adjustment market starting in April 2027.
Positioning the Lumiere Kikuchi plant as a pioneering model in low-pressure FIP transitions, Remixpoint aims to gain essential insights and knowledge from the shift to battery storage and its operation. The company plans to leverage its existing expertise to expand its services, including assistance for other FIP transitions, battery installation, and aggregation in the future.
Across Japan, there are around 670,000 solar installations between 10kW and 50kW. Remixpoint aims to identify projects with economic feasibility for FIP conversion based on equipment and network conditions and harness insights from its owned facilities to assist in this area. With a vision to aggregate distributed battery resources over 1MW, the company is strategically positioned to enter the demand and supply adjustment market while identifying continued revenue opportunities from operations and aggregation.
Summary of the Lumiere Kikuchi Plant
The plant features:
- - Name: Lumiere Kikuchi
- - Location: Kikuchi City, Kumamoto Prefecture
- - Generation Capacity: Approximately 500kW
- - Estimated Annual Generation: About 594,000kWh
- - Main Additional Equipment: Batteries (Approx. 2,090kWh)
It is noteworthy that the company owns ten segments out of a total of fifteen at this site, and the mentioned capacity reflects the combined output of the segments they supervise.
Project Timeline
- - Construction Start: June 1, 2026
- - Battery Installation Completion: August 20, 2026
- - FIP Transition Completion & Start of Operations: March 2027
- - Entry into Demand and Supply Adjustment Market: From April 2027
Future Outlook
While the immediate impact on the company’s consolidated performance is expected to be minimal, this project is anticipated to significantly bolster Remixpoint's profit foundation in the renewable energy sector in the medium to long term. The company is committed to enhancing the value of its owned power plants and facilitating the expansion of renewable energy in pursuit of sustainable societal development and increased corporate value.
About Remixpoint, Inc.
Remixpoint, Inc. stands as a publicly listed enterprise on the Tokyo Standard market focused on energy solutions and digital asset management. The company is engaged in various sectors, including electricity retail, battery-related businesses, subsidy application support, and energy-saving consulting, aiming to facilitate the transition toward a decarbonized society and sustainable development. They combine expertise in both energy and digital asset domains to innovate solutions addressing societal challenges.
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