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Trende Secures JPY 1.07 billion investment to expand renewable energy initiatives and strategtic partnerships

Japanese renewable energy solutions provider Trende has announced the successful completion of a JPY 1.07 billion (approximately $7.2 million) funding round, welcoming four strategic partners as new shareholders, aimed at accelerating Trende’s growth initiatives, including the expansion of its flagship solar and battery leasing service ‘Teraris’.
Trende Secures JPY 1.07 billion investment to expand renewable energy initiatives and strategtic partnerships
Courtesy of NREL.

Trende’s four new partners are: Tokyo Century Corporation, National Federation of Agricultural Cooperative Associations (ZEN-NOH), Zen-Noh Energy Corporation, and Toshiba Infrastructure Systems & Solutions Corporation.

The capital infusion will also aid further development of Trende’s peer-to-peer (P2P) energy trading platform.

“We are thrilled to welcome these esteemed companies as strategic investors and partners” said Masashi Nishio, CEO of Trende. “Their expertise and resources will significantly enhance our ability to deliver innovative renewable energy solutions at scale. Together, we aim to accelerate Japan's transition toward a decentralized, low-carbon future.”

Trende will collaborate closely with Tokyo Century in finance and asset management to scale its renewable energy leasing services, enabling more residential customers to adopt solar power and battery storage systems with zero upfront costs.

As part of ZEN-NOH's Smart Agri Community Project, Trende is partnering with Zen-Noh Energy through its retail electricity brand ‘JA Denki’ to pilot P2P electricity trading in Gunma Prefecture. Utilising blockchain technology, this initiative promotes local production and consumption of renewable energy within agricultural communities. Plans are underway to expand this model nationwide, providing sustainable energy solutions specifically tailored for farmers and rural communities.

Trende has collaborated with Toshiba Infrastructure Systems & Solutions Corporation on the “Digital Implementation Acceleration Project” in Ehime Prefecture, integrating Toshiba's advanced Vehicle-to-Everything (V2X) technology with Trende's P2P electricity trading platform. This partnership aims to demonstrate effective local renewable energy utilisation strategies, contributing towards regional decarbonisation goals. Moving forward, both companies will jointly promote this innovative model across municipalities throughout Japan.

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