Orix Corp. agreed to buy Spain’s Elawan Energy, the Japanese financial conglomerate’s first deal to acquire a majority stake in an overseas renewable power company, people with knowledge of the matter said. Tokyo-based Orix is purchasing an 80% stake in Elawan from its management and Spanish industrial company Acek, said the people, who asked not […]
ORIX Auto Head Office Switches to 100% Renewable Energy
TOKYO, Japan : ORIX Auto Corporation (“ORIX Auto”) announced today that the electricity it uses at its Head Office building is now entirely sourced from 100% renewable energy. The energy ORIX Auto uses at its Head Office building in Tokyo’s Minato Ward is now entirely sourced from renewable energy with non-fossil fuel energy certificates; as […]
ORIX Inks Deal with Envision Digital to Empower Digitised Operations Across Utility-scale Solar Farms in Japan
Japan’s largest solar energy asset manager now taps leading edge technology across 82 sites to promote mainstream use of renewable energy and contribute to the country’s sustainability agenda SINGAPORE and TOKYO : ORIX Renewable Energy Management Corporation (OREM), a wholly-owned subsidiary of ORIX Corporation (“ORIX”), a diversified financial services group headquartered in Japan, and Envision […]
ORIX Launches Part One of its Third-Party-Owned Solar Power Generation System Model with BCP Functions
TOKYO, Japan: ORIX Corporation (“ORIX”) announced today that it has launched part one of its third-party-owned model (“PPA model”) of solar power generation systems that incorporate business continuity planning (BCP) functions. The systems have now commenced operations at two stores operated by Valor Co., Ltd.: Supermarket Valor Shimoedo Store (Kani City, Gifu Prefecture) and Supermarket […]
ORIX to Issue the first Green Bonds in Japan
ORIX to Issue the first Green Bonds in Japan For more information please see below link:
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 […]
In first resolution for IL&FS group, Japan’s Orix to buy its wind energy assets
Orix Corporation, which already holds 49 percent stake in these seven wind energy SPVs, will buy the remaining 51 percent stake from IL&FS to take 100 percent control. The IL&FS Energy vertical houses over Rs 14,000 crore of the total group debt of over Rs 90,000 crore. The key lenders to these seven wind energy […]
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 & […]