Chubu Electric to Invest $141 Million in Continuum Green Energy
Chubu aims to help Japanese firms entering India to procure renewable energy
June 11, 2026
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Japan-based energy utility firm Chubu Electric Power has entered into agreements to invest approximately ¥23 billion (~$141.15 million) in Continuum Green Energy, a renewable power producer in India.
Chubu said the investment aims to support India’s decarbonization and help Japanese companies entering the Indian market procure renewable energy through Chubu Electric Power Miraiz’s customer network.
Continuum supplies electricity to India’s commercial and industrial sector through corporate power purchase agreements.
The company is sponsored by CGEHL, a Singapore-incorporated holding company of Continuum, Just Climate, a London-based climate solutions fund, and Chubu Electric Power.
In 2023, JERA agreed to acquire Virya Energy’s offshore wind platform Parkwind for €1.55 billion (~$1.7 billion). The Japanese utility, a TEPCO Fuel & Power and Chubu Electric joint venture, has a 2 GW renewable energy portfolio.
In 2022, India-based rural distributed renewable energy company OMC Power announced a partnership with the Japan-based energy utility firm Chubu Electric Power, through a Share Subscription Agreement, to expand OMC’s renewable distribution portfolio in rural India.
In October 2025, Sangam India announced that it would procure renewable energy from CGE II Hybrid Energy, a special-purpose vehicle of Continuum, to power its manufacturing units in Rajasthan.
In September, Rajasthan-based textile manufacturer Nitin Spinners announced it would procure 18 MW of power from Continuum’s wind-solar hybrid projects.
Public sector banks, government-owned/controlled financial institutions, and foreign direct investments cumulatively invested around ₹7.16 trillion (~$79.13 billion) in India’s renewable energy sector between December 2025 and the financial year (FY). Investments rose from ₹660 billion (~$7.29 billion) in FY 2021 to ₹2.68 trillion (~$29.6 billion) in FY 2025, according to data furnished in Parliament by the Minister of State for New and Renewable Energy, Shripad Yesso Naik.
Global energy transition investment reached $2.3 trillion in 2025, up 8% from a year earlier, while investment in the clean energy supply chain rose to $127 billion.
