Green Growth Begins Implementation of FIP Conversion and Battery Storage at Rising Next Power Plant

Key facts

  • Green Growth Begins Implementation of FIP Conversion and Battery Storage at Rising Next Power Plant
  • Green Growth Co., Ltd. has begun implementing FIP conversion and battery storage installation at a solar power plant in Omuta City, Fukuoka Prefecture, owned by Rising Next. The project aims to mitigate output curtailment risks and improve profitability through market-based electricity sales. Both companies plan to use this project as a starting point to build a local renewable energy production-for-consumption model.
  • Source: PR Times
  • Date: June 2, 2026

Direct answer

Green Growth Co., Ltd. has begun implementing FIP conversion and battery storage installation at a solar power plant in Omuta City, Fukuoka Prefecture, owned by Rising Next. The project aims to mitigate output curtailment risks and improve profitability through market-based electricity sales. Both companies plan to use this project as a starting point to build a local renewable energy production-for-consumption model.

Citation
Green Growth Begins Implementation of FIP Conversion and Battery Storage at Rising Next Power Plant (June 2, 2026), PR Times
Source
PR Times
Date
June 2, 2026
Green Growth Co., Ltd. has begun implementing FIP conversion and battery storage installation at a solar power plant in Omuta City, Fukuoka Prefecture, owned by Rising Next. The project aims to mitigate output curtailment risks and improve profitability through market-based electricity sales. Both companies plan to use this project as a starting point to build a local renewable energy production-for-consumption model.
financeNQ 52/100出典：PR Times

📋 Article Processing Timeline

  • 📰 Published: June 2, 2026 at 11:00
  • 🔍 Collected: June 2, 2026 at 11:30 (30 min after Published)
  • 🤖 AI Analyzed: June 2, 2026 at 11:49 (18 min after Collected)
Green Growth Co., Ltd. has begun implementing FIP conversion and battery storage installation at a solar power plant in Omuta City, Fukuoka Prefecture, owned by Rising Next Co., Ltd. In this project, the existing solar power plant will transition from the FIT system to the FIP system, and by adding battery storage, it aims to address output curtailment risks and improve the value of the power plant through sales to the wholesale electricity market and supply-demand adjustment market. After supporting business feasibility evaluation and framework design, Green Growth is now managing the implementation phase and will provide end-to-end support, including operation and aggregation after the start of operations. This project is also the first step for Rising Next, a company rooted in the Omuta/Miike metropolitan area, to effectively utilize local renewable energy sources and promote 'local production for local consumption of energy.' Operations are scheduled to begin in the spring of 2027.

FAQ

What is the FIP system?

A system where electricity selling prices are linked to market prices.

What are the key facts in this article?

Green Growth Co., Ltd. has begun implementing FIP conversion and battery storage installation at a solar power plant in Omuta City, Fukuoka Prefecture, owned by Rising Next. The project aims to mitigate output curtailment risks and improve profitability through market-based electricity sales. Both companies plan to use this project as a starting point to build a local renewable energy production-for-consumption model.

What is the direct answer?

Green Growth Co., Ltd. has begun implementing FIP conversion and battery storage installation at a solar power plant in Omuta City, Fukuoka Prefecture, owned by Rising Next. The project aims to mitigate output curtailment risks and improve profitability through market-based electricity sales. Both companies plan to use this project as a starting point to build a local renewable energy production-for-consumption model.

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