Chugin Energy
- Company typePrivate
- Founded2023
- HeadquartersOkayama, Japan
- Headcount—
- GTM typeB2B
- OfferingServices
Chugin Energy firmographics
Firmographics- Name
- Chugin Energy
- Legal name
- 株式会社ちゅうぎんエナジー
- Website
- https://chugin-energy.co.jp
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Ownership category
- akta.pro rank
Chugin Energy industry classification
Industry- Product category
- Solar Power Purchase Agreement (PPA) Services
- NAICS
- Solar Electric Power Generation (221114)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- Utility-Scale Generator PPAs (Project Offtake) (EUAGADAB)
- akta.pro secondary industries
- Hybrid PPAs (Renewables + Storage) & Firm Renewable Products (EUAGADAI), Microgrid Development, EPC & Integration (EUAMAJAB)
Keywords
Where Chugin Energy is headquartered
LocationHeadquarters
- HQ city
- Okayama
- HQ country
- Japan
- HQ region
- Asia
Offices1 record
Markets served
Chugin Energy business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- Solar PPA Revenue: Long-term power purchase agreements where Chugin Energy owns and operates solar power equipment, selling generated renewable electricity to customers. Customers receive stable renewable energy without upfront capital expenditure. Revenue is recurring based on electricity supply under multi-year contracts.
- Renewable Energy Trading: Purchase and resale of renewable energy from FIT (Feed-in Tariff) power plants. Acquires FIT power plants facing inheritance, funding, or other transition needs and continues supplying renewable electricity to local power companies and customers under long-term operation.
- Municipality Retail Electricity Support: Investment and financing support for local government-run retail electricity companies, including consortium-based decarbonization initiatives and energy local production for local consumption schemes.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Custom PPA contracts based on customer energy needs and facility specifications |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Chugin Energy product offering
Product offeringCore offering
Chugin Energy is a renewable energy development company within the Chugin Financial Group that offers solar PPA (Power Purchase Agreement) services to Japanese businesses. The company installs, owns, and operates solar power generation equipment on customer premises (onsite PPA) or develops dedicated solar power plants offsite, supplying renewable electricity to customers under long-term contracts without requiring any upfront capital expenditure from the customer. Additional offerings include renewable energy plant acquisition and resale, local government power company setup support, and battery-based environmental energy services.
Product overview
Chugin Energy operates as a renewable energy development company within the Chugin Financial Group, offering a portfolio of solar PPA services and energy solutions. The core offerings include on-site and off-site solar PPA (where the company installs, owns and operates solar equipment and supplies electricity to customers without their upfront investment), renewable power plant acquisition and resale, local government power company setup support, and battery-based environmental energy services. The company focuses on regional decarbonization and local renewable energy consumption.
Differentiator
Problem solved
Functional benefit
Products and services
- Solar On-site PPA (太陽光オンサイトPPA) Solar power generation equipment installed on customer premises (rooftops, parking lots, factory sites). Chugin Energy owns and operates the equipment and supplies the generated electricity to customers without requiring upfront investment. Targets manufacturing companies, hospitals, and other enterprises seeking stable renewable energy supply.
- Solar Off-site PPA (太陽光オフサイトPPA) Power supply from dedicated solar power plants located away from customer premises, transmitted through the grid to customer facilities. Suited for customers unable to install on-site solar equipment, including multi-location enterprises such as banks with branch networks.
- Renewable Power Plant Purchase and Resale Business (再エネ発電所の買取・売電事業) Acquiring renewable energy power plants from owners facing inheritance, funding, or other transition needs (including FIT power plants) and continuing to supply renewable electricity to local power companies and customers under long-term operation.
- Local Government Power Company Setup Support and Investment/Financing Business (自治体新電力等の立上げ支援・投融資事業) Investment and financing support for local government-run retail electricity companies as part of the Chugin Group's decarbonization consortium initiatives and regional energy local production for local consumption schemes.
- Battery-based Environmental Energy Business (蓄電池等を活用した環境エネルギー事業) Environmental energy services utilizing storage batteries, including EV charging stations and grid-scale battery storage facilities for stable power supply. Supports local consumption of renewable energy through storage integration.
Quantifiable outcome
- Annual CO2 reduction of 1,768 tons through Chugin Bank offsite PPA partnership
- +2 more outcomes
Companies that use Chugin Energy
Customer profileNamed customers10 records
Segments3 records
Ideal customer profiles4 records
Chugin Energy technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Chugin Energy partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- 株式会社パワーエックス (Power X)coreStrategic partnership for battery storage business development. Signed comprehensive basic agreement to jointly promote renewable energy local production for local consumption schemes using battery storage. First project: developing grid-scale battery storage facility in Matsue City.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Chugin Energy competitors and assessment
Company assessmentBroad incumbents
- ENEOS: Japan's largest petroleum company with a growing renewable energy division supplying solar PPAs and renewable electricity to corporates. Comparable product overlap but operates at vastly greater scale and with broader fuel/energy exposure.
- Tokyo Gas: Major Japanese gas utility that has expanded aggressively into renewable energy, including corporate solar PPAs and offsite renewable supply. Overlaps with Chugin Energy on PPA offerings but as part of a much broader energy portfolio.
- Sharp Energy Solutions: Sharp's energy solutions arm combines solar module manufacturing with onsite PPA services for Japanese commercial and industrial customers. Overlaps with Chugin Energy on PPA offerings while leveraging upstream module manufacturing.
- Tokyo Century: Japanese leasing and financing company that has built a significant solar PPA business (often through subsidiary arrangements), competing in the same onsite PPA space as Chugin Energy with the advantage of an in-house financing platform.
- Idemitsu Kosan: Major Japanese energy company with a renewable power generation business including solar PPAs sold to corporate and municipal customers. Comparable in corporate renewable supply motion but embedded within a much larger downstream energy portfolio.
Direct peers
- Pacifico Energy: Japanese renewable energy developer specializing in solar and wind PPA projects for corporate customers. Operates a similar onsite/offsite PPA portfolio model aimed at corporate decarbonization, serving as a direct comparator.
- NTT Anode Energy: Japan's largest dedicated corporate solar PPA provider, offering onsite and offsite PPA models to enterprises nationwide. Directly comparable to Chugin Energy in product offering (solar PPA ownership and operation) and B2B GTM motion, though with vastly larger scale.
- Renewable Japan: Independent power producer focused on solar and wind PPA development in Japan, including C&I onsite PPAs and utility-scale offsite projects. Closely matches Chugin Energy's hybrid onsite/offsite renewable supply model.
- SB Energy: SoftBank Group's renewable energy subsidiary, one of Japan's largest solar developers with significant PPA activity. Comparable in offering (solar generation sold under PPAs to corporates and utilities) but operates at meaningfully larger scale.
Emerging players
- Tokyu Land Corporation: Real estate developer that has built a renewable energy generation arm (ReENE) supplying onsite solar PPAs to commercial real estate and corporate tenants. Overlaps with Chugin Energy's onsite PPA model for commercial facilities while primarily serving real estate assets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Chugin Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Chugin Energy leadership team
Management profileNumber of profiles
Profiles1 record
Chugin Energy subsidiaries and ownership
Company hierarchySubsidiaries1 record
Chugin Energy funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Chugin Energy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Chugin Energy
What does Chugin Energy do?
Chugin Energy is a renewable energy development company within the Chugin Financial Group that offers solar PPA (Power Purchase Agreement) services to Japanese businesses. The company installs, owns, and operates solar power generation equipment on customer premises (onsite PPA) or develops dedicated solar power plants offsite, supplying renewable electricity to customers under long-term contracts without requiring any upfront capital expenditure from the customer. Additional offerings include renewable energy plant acquisition and resale, local government power company setup support, and battery-based environmental energy services.
Is Chugin Energy a public or private company?
Chugin Energy is a private company. It is classified as corporate owned and is currently operating.
When was Chugin Energy founded?
Chugin Energy was founded in 2023.
Where is Chugin Energy based?
Chugin Energy is headquartered in Okayama, Japan, in the Asia region.
How does Chugin Energy make money?
Three revenue lines are on record. Solar PPA Revenue is the primary driver. The others are renewable Energy Trading and municipality Retail Electricity Support.
Who are Chugin Energy's main competitors?
Broad incumbents on record are ENEOS, Tokyo Gas, Sharp Energy Solutions, Tokyo Century and Idemitsu Kosan. Direct peers are Pacifico Energy, NTT Anode Energy, Renewable Japan and SB Energy. Tokyu Land Corporation is listed as an emerging player.
Does Chugin Energy have an API?
No public API is recorded for Chugin Energy.
What industry is Chugin Energy in?
Chugin Energy's product category is Solar Power Purchase Agreement (PPA) Services. Its primary akta.pro industry code is EUAGADAB, Utility-Scale Generator PPAs (Project Offtake), with a secondary code of EUAGADAI, Hybrid PPAs (Renewables + Storage) & Firm Renewable Products. Its NAICS code is 221114 and its SIC code is 4911.