TRENDE raises $7.1M for renewable energy projects in Japan

Japan-based TRENDE, a renewable energy solutions provider, secured RMB 1.07 billion (~$7.1 million) through a third-party funding round. The funds were allocated to expand its solar power and battery leasing business, Teraris, and its peer-to-peer (P2P) energy trading platform. Four new strategic partners joined as shareholders: Tokyo Century, ZEN-NOH, Zennoh Energy, and Toshiba Infrastructure Systems & Solutions. Tokyo Century focused on financing and asset management to scale renewable energy leasing. ZEN-NOH and Zennoh Energy partnered with TRENDE for a blockchain-based P2P energy trading pilot in Gunma Prefecture targeting local agricultural communities, with plans to expand nationwide. TRENDE also collaborated with Toshiba Infrastructure in Ehime Prefecture to integrate vehicle-to-everything (V2X) technology with its P2P trading platform, aiming to improve local energy use. The partnerships aim to support decentralised energy systems.