Ichigo and Ichigo Green's Power Generation Drops nearly 19% in June

MT Newswires Live07-03 16:45

Ichigo (TYO:2337) said combined solar and wind power generation from its own assets and those of its subsidiary, Ichigo Green Infrastructure Investment (TYO:9282), fell nearly 19% year on year in June to 18.1 million kWh.

The renewable energy company said output was 11% below forecast due to lower solar output in key regions and rising purchase suspensions, according to a Friday filing on the Tokyo Stock Exchange.

Ichigo said the May generation translated into carbon dioxide reduction of 7.78 million kilograms.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment