SYLA Technologies Subsidiary SYLA Solar Announces Comprehensive Business Alliance with LIVE THE CREATIVE
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Insights
The strategic alliance between SYLA Solar and LIVE THE CREATIVE represents a significant advancement in the renewable energy sector, particularly in the area of solar power plant development. The integration of drone technology for land surveying can substantially reduce the time required for site selection and topographical analysis, which are critical in the early stages of solar project development. This efficiency gain not only accelerates project timelines but also has the potential to reduce costs associated with prolonged survey periods.
Moreover, the precision offered by drone-based surveys, when combined with laser scanning technology, can lead to better utilization of land, potentially unlocking new sites for development that were previously considered unsuitable. This could expand the available inventory for solar projects, thereby supporting the broader adoption of renewable energy sources. The ability to quickly and accurately assess land characteristics is also crucial in designing solar plants that are resilient to natural disasters, which is an increasingly important consideration given the impacts of climate change.
SYLA Solar's initiative to enhance solar power plant development through drone technology is also noteworthy from an environmental and social governance (ESG) perspective. By streamlining the development process and promoting renewable energy, SYLA Solar is contributing to the reduction of greenhouse gas emissions, aligning with global efforts to combat climate change. Additionally, the use of drones for disaster prevention and situational awareness during emergencies can be considered an investment in social infrastructure resilience.
This approach not only supports Japan's ESG objectives but also presents a model for other companies and countries to follow in integrating advanced technologies with environmental sustainability goals. The proactive use of drones in inaccessible or hazardous areas further underscores the commitment to employee safety and disaster preparedness, which are key components of social responsibility.
The collaboration between SYLA Solar and LIVE THE CREATIVE is reflective of a broader trend in the intersection of technology and traditional industries. The use of Information and Communication Technology (ICT), such as drones, for practical applications like land surveying exemplifies the potential of digital transformation (DX) within the renewable energy sector. As Japan faces a declining workforce, the emphasis on automation and labor-saving DX technology could serve as a blueprint for other industries facing similar demographic challenges.
The integration of drones into the development process of solar power plants is not just a technological upgrade but a strategic move to maintain competitiveness and efficiency in a labor-constrained market. Future demonstrations and implementations of this technology will likely provide valuable insights into the scalability and replicability of such innovations across different sectors and geographies.
Utilizing Drone Technology for Renewable Energy Land Survey and Development Initiatives
TOKYO, March 04, 2024 (GLOBE NEWSWIRE) -- SYLA Technologies Co., Ltd. (NASDAQ: SYT) (“SYLA” or “the Company”), operator of the largest membership real estate crowd-funding platform in Japan, Rimawari-kun, announced its subsidiary, SYLA Solar Co., Ltd. (“SYLA Solar”) has entered into a Comprehensive Business Alliance Agreement with LIVE THE CREATIVE Inc. (“LIVE THE CREATIVE”) to innovate solar power plant development.
Business Alliance Purpose and Background
The business alliance between SYLA Solar and LIVE THE CREATIVE combines the expertise and advanced technologies of both companies to synergistically innovate solar power plant development. SYLA Solar brings its extensive knowledge spanning from land acquisition to regulatory compliance and design within solar power plant development. Meanwhile, LIVE THE CREATIVE delivers highly precise and efficient surveying solutions utilizing drone technology. Efficiency and precision are indispensable in the development of safe solar power plants, underscoring the significance of this partnership. Beginning with the selection of suitable land, the construction of solar power plants requires design decisions based on accurate data. The integrated approach by both companies will expedite and streamline the entire development process, spanning from land acquisition to design.
Specific Benefits of Developing Solar Power Plants
This business alliance has significantly enhanced the precision and efficiency of land surveys. For instance, surveys in highland areas, which previously consumed over a month with conventional methods, can now be completed in just half a day by integrating drones, an emerging ICT technology. Additionally, necessary information can be accessed within a week from the captured data. By merging drone-based topographic surveys with laser scanning technology, a comprehensive understanding of various land features, including shape, structure, terrain, and tree arrangement, has been achieved with remarkable accuracy. This technological advancement enables the effective utilization of a broader range of land, including areas that were previously difficult to access. As a result, it facilitates the selection of land suitable for solar power plant development, enhances precision during the design phase, and significantly improves overall development efficiency while minimizing the impact of natural disasters.
Future Prospects
In response to the Japan's declining workforce, SYLA Solar plans to bolster its automation and labor-saving efforts, leveraging its DX technology through further demonstrations. Additionally, SYLA Solar's initiatives will align with ESG (Environmental, Social, Governance) objectives. The efficient development of solar power plants promote the use of renewable energy and contributes to reducing greenhouse gas emissions. Furthermore, drones can support disaster prevention efforts by swiftly converting terrain into 3D data, facilitating surveys for hazard mapping in the region, while enabling real-time situational awareness during disasters. Even in hazardous areas inaccessible to humans, drones provide a safe and accurate means of assessing situations.
LIVE THE CREATIVE. inc
Head Office: Nampeidai Imai Building 8F, 15-15, Nampeidai, Shibuya-ku, Tokyo, Japan
Representative Director: Kouki Nakanishi
Establishment: July 2020
Capital: 5,000,000 yen
Website: https://drone.livethecreative.co.jp/
SYLA Solar Co., Ltd.
Head Office: Land Square Marunouchi 2F, 2-18-14 Marunouchi, Naka-ku, Nagoya, Aichi, Japan
Representative Director: Takeshi Fuchiwaki
Establishment: August 2013
Capital: 46,000,000 yen
Website: https://syla-solar.jp/
About SYLA Technologies Co., Ltd.
Headquartered in Tokyo, Japan, SYLA Technologies Co., Ltd. (NASDAQ: SYT) (“SYLA” or “the Company”) owns and operates the largest membership real estate crowd-funding platform in Japan, Rimawari-kun, which targets individuals, corporate and institutional investors, as well as high net worth individuals. SYLA’s mission is to democratize real estate investment around the world through technology and asset management through the Rimawari-kun platform. SYLA is engaged in the overall investment condominium business, including planning, development, construction, sales, rental management, building management, repair work, and the sale of properties. Additional information about the Company’s products and services is available at https://syla-tech.jp/en.
Contact Information
Gateway Group, Inc.
John Yi and Steven Shinmachi
SYLA@gateway-grp.com
Tel +1 (949) 574-3860
SYLA Technologies Company Contact:
Hajime Sugino
Head of SYLA USA
h_sugino@syla.jp
Photos accompanying this announcement are available at
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FAQ
What is the purpose of the Comprehensive Business Alliance Agreement between SYLA Solar and LIVE THE CREATIVE?
How does the alliance enhance land surveys?
What benefits have been achieved in land surveys through the use of drones?
What are the future prospects for SYLA Solar in response to Japan's declining workforce?
