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RENOVA’s February Power Sales Rise Year on Year Despite Output Curtailments

Story Highlights
  • RENOVA’s February power sales missed plan by 7.4% but climbed 47% year on year, driven by expanded biomass and steady solar output.
  • Year-to-date generation is 23% above last year yet 8% below plan, with grid curtailments causing only minor financial impact overall.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
RENOVA’s February Power Sales Rise Year on Year Despite Output Curtailments

Meet Samuel – Your Personal Investing Prophet

The latest update is out from RENOVA ( (JP:9519) ).

RENOVA reported February 2026 electricity sales of 272.6 million kWh from 13 solar, seven biomass and one geothermal plant in Japan, 7.4% below its internal plan but up 47.1% year on year, reflecting the impact of newly added biomass capacity and strong contribution from existing facilities. Year-to-date, the company generated 2.95 billion kWh, 8.1% under plan but 23.1% higher than a year earlier, while output curtailments ordered by utilities affected only 0.129% of planned annual generation, suggesting limited financial impact and underscoring the resilience of RENOVA’s expanding renewable portfolio despite operational constraints and maintenance outages.

The most recent analyst rating on (JP:9519) stock is a Hold with a Yen686.00 price target. To see the full list of analyst forecasts on RENOVA stock, see the JP:9519 Stock Forecast page.

More about RENOVA

RENOVA, Inc. is a Japan-based renewable energy developer and operator focused on solar, biomass and geothermal power plants. Listed on the Prime Market of the Tokyo Stock Exchange, the company generates revenue through electricity sales under fixed-price feed-in-tariff schemes and long-term power purchase agreements across multiple large-scale facilities nationwide.

Average Trading Volume: 743,487

Technical Sentiment Signal: Sell

Current Market Cap: Yen67.94B

For detailed information about 9519 stock, go to TipRanks’ Stock Analysis page.

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