Home Tag "ORIX"

ORIX to start supplying electricity from 100% renewable energy

TOKYO, Japan: ORIX Corporation (“ORIX”) announced that it has launched a 100% renewable energy-based electricity menu. ORIX started its electricity retail business in 2009 as a power retailer (new electric power). Currently, it operates in the areas where Tohoku Electric Power, Tokyo Electric Power, Chubu Electric Power, Hokuriku Electric Power, Kansai Electric Power, Chugoku Electric […]

ORIX, Chubu Electric and Valor Holdings to introduce Third Party-owned Model Solar Power Generation System with BCP Function

  TOKYO, Japan: ORIX Corporation (“ORIX”) announced that an agreement has been reached between ORIX, Chubu Electric Power Co., Inc. and Valor Holdings on the adoption of a third party-owned model (hereinafter: PPA model) of solar power generation system with BCP (business continuity plan) function at Valor Group stores. A PPA model refers to a […]

ORIX to Start Joint Research into a Tracking System to Encourage Local Production and Consumption of Power

TOKYO, Japan: ORIX Corporation (“ORIX”) announced today it will collaborate with The University of Tokyo on the joint research into a tracking system that leverages block chain technology to prove the history of power from supply to consumption. Demonstration testing will be conducted on a tracking system the origin of power generated from renewable energy, […]

ORIX to Make Indian Wind Power Generation Business Companies Wholly Owned Subsidiaries

TOKYO, Japan: ORIX Corporation (“ORIX”) announced today that it has agreed to acquire 51 percent of shares in seven wind power generation subsidiaries which it jointly owns with IL&FS Wind Energy Limited (“IWEL”); IWEL is the wholly owned subsidiary of IL&FS Energy Development Company Limited which, in turn, is a subsidiary of Infrastructure Leasing & […]

IL&FS proposes to NCLT sale of wind energy assets to ORIX of Japan

The proposal has been filed before the Tribunal after completing binding Share Purchase Agreement with ORIX Corporation and obtaining “in-principle” approval from all lenders for completing this transaction, subject to NCLT approval. Mumbai: Embattled IL&FS group has proposed to the National Company Law Tribunal (NCLT) the sale of its wind energy business to Japan’s Orix […]
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