Ichigo : Solar & Wind Power Generation & CO2 Reduction Data - December 2021

Make The World

More Sustainable

[Provisional Translation Only]

This English translation of the original Japanese document is provided solely for information purposes. Should there be any discrepancies between this translation and the Japanese original, the latter shall prevail.

January 7, 2022

Ichigo Inc. (Tokyo Stock Exchange First Section, 2337) Representative: Scott Callon, Chairman

Inquiries: Takanori Sakamatsu, Senior Statutory Executive Officer

Telephone: [phone]www.ichigo.gr.jp/en

Ichigo Solar & Wind Power Generation & CO2 Reduction Data - December 2021

FY22/2

					Power Generation (kWh)						CO2 Reduction (kg-CO2)1
		Ichigo			Ichigo Green*			Total			YOY				Ichigo			Ichigo Green*			Total
		(A)			(B)			(A) + (B)						(C)			(D)			(C) + (D)
March	17,131,621		3,196,015		20,327,636		+32.8%			11,306,869		2,109,370		13,416,239
April	18,067,410		3,484,717		21,552,127		+18.9%			11,924,490		2,299,913		14,224,404
May	16,343,184		3,077,949		19,421,133		+5.3%			10,786,501		2,031,446		12,817,947
June	15,304,517		3,316,137		18,620,654		+11.5%			10,100,981		2,188,650		12,289,632
July	14,957,162		3,489,015		18,446,178		+40.3%			9,871,727		2,302,750		12,174,477
August	14,355,276		3,150,555		17,505,832		-11.8%			9,474,482		2,079,366		11,553,849
H1	96,159,172		19,714,391		115,873,563		+14.1%			63,465,053		13,011,497		76,476,550
September	12,380,718		2,997,804		15,378,522		+15.5%			8,171,273		1,978,550		10,149,824
October	14,382,319		2,917,588		17,299,907		+27.7%			9,492,330		1,925,608		11,417,938
November	13,637,384		2,195,201		15,832,586		+25.1%			9,000,673		1,448,832		10,449,506
December	11,572,066		2,024,918		13,596,985			+36.5％		7,637,563		1,336,446		8,974,009
January		-		-		-		-			-		-		-
February		-		-		-		-			-		-		-
H2		-		-		-		-			-		-		-
Full Year		-		-		-		-			-		-		-

* Ichigo Green Infrastructure Investment Corporation ("Ichigo Green," 9282)

December Ichigo and Ichigo Green solar and wind power generation was 13,596,985kWh, 3% above forecast.2 On a year-on-year basis, power generation increased 37% compared to December 2020 due to the addition of 9 new power plants, including Ichigo's first wind power plant, the Ichigo Yonezawa Itaya ECO Power Plant.

1. CO2 reduction is calculated as 0.66kg CO2 per kWh.
2. Forecast power generation is a 50% probability mean annual production forecast (P50 forecast), calculated by an independent, third-party technical consulting firm, that serves as the base forecast for each solar and wind power plant's operating plan.

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Reference: FY21/2 (March 2020 - February 2021) Data

FY21/2

						Power Generation (kWh)						CO2 Reduction (kg-CO2)
		Ichigo				Ichigo Green			Total			YOY				Ichigo			Ichigo Green			Total
		(A)				(B)			(A) + (B)						(C)			(D)			(C) + (D)
March	12,182,452			3,124,467		15,306,919		+16.4%			8,040,418		2,062,148		10,102,566
April	14,648,416			3,471,410		18,119,827		+28.4%			9,667,954		2,291,130		11,959,085
May	15,006,742			3,443,793		18,450,535		+9.9%			9,904,449		2,272,903		12,177,353
June	13,557,222			3,147,194		16,704,416		+26.1%			8,947,766		2,077,148		11,024,914
July	10,098,456			3,052,570		13,151,027		+9.1%			6,664,981		2,014,696		8,679,677
August	16,213,047			3,633,464		19,846,511		+42.7%			10,700,610		2,398,086		13,098,697
H1	81,706,338			19,872,899		101,579,238			+22.0％		53,926,182		13,116,113		67,042,295
September	10,658,818			2,655,633		13,314,452		+2.4%			7,034,820		1,752,717		8,787,538
October	10,567,214			2,983,698		13,550,912		+22.1%			6,974,361		1,969,241		8,943,602
November	10,370,718			2,281,592		12,652,310		+21.6%			6,844,673		1,505,850		8,350,524
December	8,145,856			1,818,512		9,964,369		+28.8%			5,376,265		1,200,218		6,576,483
January	8,599,632			1,852,450		10,452,083		+7.4%			5,675,757		1,222,617		6,898,374
February	11,658,943			2,409,514		14,068,458		+16.6%			7,694,902		1,590,279		9,285,182
H2	60,001,180			14,001,399		74,002,586		+15.6%			39,600,777		9,240,922		48,841,705
Full Year	141,707,518			33,874,298		175,581,824		+19.2%			93,526,959		22,357,035		115,884,001

Note: In addition to its own solar and wind power plants, Ichigo manages 15 renewable energy plants owned by Ichigo Green. Data for each of these Ichigo Green plants are disclosed in today's Ichigo Green release "Solar Power Generation & CO2 Reduction Data" at www.ichigo-green.co.jp/en.

Ichigo discloses realtime solar and wind power production and CO2 reduction data for each Ichigo and Ichigo Green solar and wind power plant at www.ichigo.gr.jp/en/business/sustainable/eco/plant.

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