#Japan #Kumamoto #Remixpoint #Ushiku Solar #FIP Certification

Remixpoint Obtains FIP Certification for Ushiku Solar Power Plant

Overview of the Achievement

Remixpoint, Inc. (Stock Code: 3825) has announced that it has secured the FIP certification for its Ushiku Solar Power Plant, located in Kumamoto Prefecture, Japan. This certification comes from the Ministry of Economy, Trade and Industry (METI) and represents a pivotal step in Remixpoint's initiative to transition its energy production under the FIP (Feed-in Premium) system from the previous FIT (Feed-in Tariff) framework.

Background and Objective

Since the implementation of the FIT system, the adoption of renewable energy has significantly accelerated. However, the market has recently begun to witness instances where energy supply exceeds demand, leading to plummeting prices in the Japan Electric Power Exchange (JEPX) and increased output control for renewable energy facilities. According to METI, areas undergoing output control have expanded nationally, with a notable increase in output control management as a result of excess supply.

Particularly in Kyushu and other regions, output controls have been consistently high, making it a considerable factor affecting the profitability of energy producers. In response to these challenges, Remixpoint has commenced its FIP conversion project in the Kyushu Electric area, achieving FIP certification for the Ushiku Solar Power Plant in June 2026.

Innovations and Market Operation Model

With the transition to the FIP system, Remixpoint plans to establish a market operation model that combines large-scale battery storage with proprietary AI technology. This model will facilitate discharge control in accordance with market prices and energy supply and demand, optimizing the use of renewable energy while maintaining grid stability. Moreover, Remixpoint aims to participate in multiple markets, including JEPX and demand response markets, with the goal of maximizing electricity sales revenues.

Through the operation of this plant, Remixpoint will develop advanced operational expertise and insights into aggregation business models. These insights will then be applied to nationwide battery systems to enhance synergies and longitudinally improve the company's overall value.

Plant Overview

• - Name: Ushiku Solar Power Plant
• - Location: Ushiku, Kumamoto Prefecture
• - Power Output: 968.5 kW
• - Installed Equipment: Battery system with a rated capacity of approximately 2,500 kWh
• - Future Schedule: Expected to commence operations in summer 2026

Revenue Model

The transition to the FIP system, coupled with the addition of energy storage systems, is anticipated to enhance annual sales revenue by approximately 35 million yen compared to the previous FIT framework. Given the priority likely to be accorded to FIP plants under output control scenarios, Remixpoint will strategically store energy during times of low market prices and discharge during periods of high prices, thereby minimizing opportunity losses from output control and improving business profitability.

Future Developments and Outlook

Remixpoint views this accomplishment as a model for transitioning high-voltage solar power plants to the FIP system. The expertise gained in market operations, EMS control, and aggregation will be leveraged to offer FIP conversion support services to other renewable energy plants owned by different operators. This integrated support facilitates the transition to the FIP system, the introduction of EMS solutions, collaboration with energy storage systems, and aggregation to enhance the revenue potential for power producers.

The impact of this transition on Remixpoint's consolidated financial results for this period is expected to be minimal. Should significant developments arise, the company will promptly disclose relevant information.

About Remixpoint, Inc.

Remixpoint is a publicly traded company on the Tokyo Stock Exchange, focusing on energy solution services and digital asset management. They are committed to achieving a decarbonized society through their main activities, including retail electricity, battery-related business, subsidy application support, and energy-saving consulting. Additionally, Remixpoint leverages its insights in energy and digital asset domains to create new value aimed at solving societal challenges.
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