English | 简体中文 | 繁體中文 | 한국어 | 日本語
Friday, 30 March 2018, 15:00 HKT/SGT
Share:
    

Source: TEPCO
TEPCO Establishes New Online Renewable Electricity Retail Startup, 'TRENDE'
New company will enable retail customers to save money and ensure part of their electricity is generated from solar

TOKYO, Mar 30, 2018 - (JCN Newswire) - Tokyo Electric Power Company Holdings, Inc. (TEPCO) announced today the launch of TRENDE Inc., an online renewable energy retailer selling electricity to residential customers in Japan.

Customers will be able to sign up online or with their smartphones for the new service. TRENDE offers a simple and affordable flat rate plan to its customers. The company also offers a premium plan that provides further savings for customers who are heavy consumers of electricity.

TRENDE also plans to offer solar power generation equipment and storage batteries on site at customer residences, in order to create a distributed energy platform.

The new company will be led by 2 serial entrepreneurs, Jeffrey Char and Tadatoshi Senoo. Char successfully built and sold several technology companies in the United States and Japan. Senoo spent a decade at Tokyo Mitsubishi Bank before co-founding Japan's first and largest social lending enterprise with Char in 2006 and also co-founded Orb, a blockchain startup in 2014.

"The launch of TRENDE demonstrates TEPCO's commitment to innovative and environmentally responsible approaches to ensuring that residential customers have the energy they need for a sustainable future," said Mr. Char. "Our easy to use, engaging, and informative platform will help consumers make smart energy choices and save money, while also promoting the use of solar energy." Added Mr. Senoo, "We are pleased to be working with TEPCO to make residential solar power a reality."

About TEPCO

Tokyo Electric Power Company Holdings, Inc. (TSE: 9501), headquartered in Tokyo, Japan, is the largest utility in Japan serving millions of homes and businesses. Worldwide the company has more than 34 subsidiaries and 32 affiliates in 8 countries and employs approximately 42,060 people. Consolidated revenue for the fiscal year ending March 31, 2017, totaled 5.3 trillion Japanese yen. The company was established in 1951 and is listed on the First Section of the Tokyo Stock Exchange. For more information, please visit http://www.tepco.co.jp/en/corpinfo/index-e.html

About TRENDE

TRENDE Inc. is an online renewable energy retailer selling electricity to residential customers in Japan via its Ashita Denki service website at https://ashita-denki.jp/. The company is a subsidiary of Tokyo Electric Power Company Holdings, Inc. For more information, please visit http://trende.jp/.

Topic: New Service
Sectors: Alt. Energy, Venture Capital
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2018 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

 

TEPCO Releated News
Oct 1, 2018 14:00 HKT/SGT
TRENDE Announces Formation of Advisory Board
Sept 26, 2018 11:00 HKT/SGT
TRENDE Raises JPY 730 Million in Series A Funding
July 12, 2018 18:00 HKT/SGT
TEPCO Group, Zenrin and Rakuten examining Drone Highways for Drone Logistics
July 11, 2018 17:00 HKT/SGT
Free Electrons: 28 Pilots Already Launched between Startups and Utilities
June 27, 2018 17:00 HKT/SGT
TEPCO Establishes Subsidiary to Turn New Businesses into Venture Companies
More news >>
Copyright © 2018 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 10 8405 3688 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 6721 7212

Connect With us: