Kaihan subsidiary KR Energy invests in renewable energy portfolio

Kaihan Co (TSE:3133) announced that its consolidated subsidiary, KR Energy 1, will acquire three new solar power generation facilities for JPY48 million. The facilities, located in Fukushima Prefecture, have a combined output of 0.288MW-DC/0.149MW-AC and are expected to generate approximately 357,739 kWh annually. The acquisition is part of KR Energy's ongoing initiative to develop Non-FIT low-voltage solar power plants, supported by a long-term power purchase agreement with a global IT company. As of June 16, 2025, KR Energy has acquired 148 of the planned 330 facilities with a total output capacity of 7.326MW-AC. The newly acquired facilities are expected to be operational by the end of July 2025. Furthermore, Kaihan announced that after their auditor's departure the new audit company will be 監査法人アリア.