Sharing Energy, a Japanese company specializing in solar energy solutions, announced a significant milestone in its mission to promote renewable energy.

The company secured project financing to install solar panels on more than 2,000 residential rooftops, successfully raising 2 billion yen. This brings their total fundraising to an impressive 15.44 billion yen.

The financing was arranged by FinTech Global, an investment banking firm, with funds sourced from leading institutions such as Dai-ichi Life Insurance, The 77 Bank, and Mizuho Bank. Notably, this marks a rare instance of project financing specifically aimed at residential solar panel installations. Adding to the achievement, the project received a “BBB” rating from the Rating and Investment Information, Inc. (R&I), affirming the initiative’s robust creditworthiness.

This demonstrates the growing confidence in innovative financing models for renewable energy in Japan, as well as the potential for widespread adoption of solar energy in residential areas. Sharing Energy’s efforts highlight a promising direction for sustainable energy solutions and underscore the critical role of financial innovation in supporting a greener future.