Machimirai Seisakusho has partnered with REXEV to launch 'REXEV e.CYCLE,' a new initiative promoting the transition of FIT solar power plants to FIP and the utilization of storage batteries.
This initiative combines REXEV's battery and energy management technology with Machimirai Seisakusho's 'e.CYCLE,' a platform for community-based renewable energy. Together, they aim to improve profitability through FIP conversion while ensuring value circulation within local communities.
Machimirai Seisakusho positions 'e.CYCLE' as a 'social OS supporting community-based renewable energy' and plans to expand the implementation of such energy nationwide through various partnerships.
[Background: Curtailment and Challenges in FIP Transition] In recent years, the increase in renewable energy adoption has led to more frequent output curtailment nationwide, resulting in lost sales opportunities even under the FIT system. To continue expanding renewable energy, it is crucial to balance supply and demand through storage batteries and transition to FIP by linking power sales to market prices. However, FIP transition presents significant barriers due to the complexity of operations, such as precise power generation planning and imbalance management.
[Overview of 'REXEV e.CYCLE'] This initiative combines REXEV's expertise in storage batteries and energy management with Machimirai Seisakusho's knowledge of FIP operations and power trading.
Division of Roles: - REXEV: FIP transition support, battery installation, and maximization of power sales revenue through charging/discharging control. - Machimirai Seisakusho: Power generation planning, imbalance management, power trading, and returning a portion of trading profits to local communities.
Key Features: 1. Exceptional Economic Efficiency: Offers power purchasing at up to 'FIT price + 1.6 yen/kWh' for power plants transitioning to FIP in fiscal 2026. 2. Reliable Operation Comparable to FIT: Ensures precise power generation planning and imbalance adjustment through advanced weather forecasting and portfolio management.
FACT BOX
- Source: PR TIMES
- Category: Partnership
- Products / services: e.CYCLE / REXEV e.CYCLE