2025
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JIC Venture Growth Investments, through its JIC Venture Growth Fund 1, has invested in Sharing Energy Co., Ltd.
Japan’s Seventh Basic Energy Plan, formulated in February 2025, calls for 40-50% of renewable energy to be included in the energy mix for fiscal 2040. The goal is to make renewable energy the primary power source, with solar power being the main source of that power. The government is using all possible means to further popularize residential solar power generation, including not only providing subsidies but also introducing a housing “Top Runner Program (*)”. At the local government level, the installation of residential solar power generation systems has also begun to be made mandatory in few cities.
Sharing Energy's main business is "Share Denki," a service that allows houseowners to install solar power generation equipment on their roofs with no initial costs and provides electricity at an affordable rate. The business has made great progress since the initial investment was made in April 2022, and the number of "Share Denki" subscription applications has now exceeded 24,000 nationwide. Currently, the company is working with major builders to install solar power generation systems in newly built homes and to provide services that combine solar power generation with storage batteries.
The purpose of this investment lies in supporting the reduction of greenhouse gas emissions and decarbonization of energy through the introduction of solar power generation. Also, Sharing Energy's stated mission is to "transform the energy system by creating distributed power sources." By bundling power sources distributed across Japan, it is conceivable that they could function as a unified social infrastructure in the future. We are also supporting the realization of this mission.
(*) a mandatory national policy that sets standards for installing solar power generation equipment to residential sector.
The information contained in this notice is current at the time of publication and subject to change without notice.
