Virya Energy expands into Japan’s Renewable Market through Integration of BayWa r.e.’s Japan Solar Platform
Tokyo, Japan, 12/12/2025 – Virya Energy, a prominent and trusted player in the global energy transition, today announced its formal entry into Japan’s renewable power generation sector through the successful acquisition of BayWa r.e.’s Japan solar platform and operational team. This development advances Virya’s long-term commitment to Japan’s renewable power generation sector, with a focus on supplying large corporate clients with reliable green power.
Japan’s corporate renewable Power Purchase Agreements (PPA) market is among the most structured and sophisticated in Asia. This integration provides Virya Energy with immediate capacity across development, PPA management, and project management capabilities.
Key Highlights:
Team Integration: A core team, including senior management and development team from BayWa r.e. Japan, will transition to Virya Energy, and the company will now operate under the Virya Energy brand. This locally led structure ensures continuity, local expertise and strong governance.
Portfolio Strength: The integrated platform includes development and operating solar portfolio exceeding 60MW DC+ across multiple prefectures, contributing to Virya Energy Group’s strategic growth targets in Asia.
Paul Tummers, CEO of Virya Energy: “We are pleased to welcome the team joining from BayWa r.e. into Virya Energy. The acquisition represents a transformative moment for our growth strategy in Japan. Beyond expanding our footprint, we are integrating a highly capable and dedicated team that brings immediate, critical capacity in one of Asia’s largest renewable energy markets. We look forward to realizing the full potential of this combined platform.”
Virya Energy’s priority is to build an independent platform in Japan that operates with strong governance and dedicated leadership. The structure is designed for long-term scalability and investor confidence. In addition to this strategic move, Virya Energy and its affiliate, Constant Energy in Asia, bring an established track record in the region, having already executed multiple long-term corporate PPAs with leading Japanese corporations.
Franck Constant, Founder of Constant Energy and CEO of Virya Energy in Asia: “We are delighted to realize this expansion of Virya Energy in Japan by drawing on our strong regional network and proven expertise with servicing industrial clients.”
This platform is complemented by proven delivery capability in Japan, as the combined management team has already developed, built, and put into operation over 1,000 MW of solar projects in the country since 2013. This experience, combined with the newly integrated operations, positions Virya Energy to accelerate Japan’s clean energy transition and drive impactful growth in the country’s renewable sector.
Vedran Horvat
Sarah Okafor
About Virya Energy
Virya Energy, a Belgian pioneer in sustainable energy solutions, was founded in 2019 through the strategic partnership of Colruyt Group and its majority shareholder Korys. Operating across the full sustainable energy value chain, the company covers activities from production to distribution, with its distribution activities managed through its subsidiary DATS 24.
Virya Energy’s portfolio encompasses strategic investments across wind and solar energy, sustainable hydrogen development, energy distribution, and specialized energy industry services. With over two decades of experience in onshore wind energy starting in 1999, and a pioneering role in sustainable hydrogen since 2012, Virya Energy has built extensive expertise in renewable energy development. The company operates through multiple affiliates including Constant Energy, a leading developer and operator of large-scale solar, wind, and battery storage projects across Asia with over 250 MW operational across Thailand, Malaysia, and Vietnam. With a team of over 1,100 members worldwide, Virya Energy operates in more than 15 countries across Europe and Asia.
The company’s “fit for purpose energy” strategy enables the delivery of tailored energy solutions from production to end-users, driving forward the acceleration of the energy transition and the development of innovative technologies.
About BayWa r.e. AG (BayWa r.e.)
At BayWa r.e. we r.e.think energy – how it is produced, stored and can be best used to drive forward the renewable energy transition that is essential to the future of our planet.
We are an international project developer of wind, solar and battery storage (BESS) projects. Our activities include the planning, development and construction of these projects, as well as their operation and maintenance, and energy trading. BayWa r.e. is also a leading global supplier to the solar distribution market. In total, we have successfully brought online more than 6 GW of renewable energy.
Through our Climate Contribution approach, which aligns with the best practices for climate action and the Paris Agreement, we are taking significant steps forward on our own sustainability journey.
We have two joint shareholders: BayWa AG is a global business founded in 1923 that provides innovative and sustainable solutions in agriculture, building materials and energy sectors. Energy Infrastructure Partners is a market leader in energy infrastructure investment that manages over €7 billion from global investors.