SYLA Solar To Absorb Renewable Data Center Company In Move To Leverage Business Strength

 


SYLA Solar Co., Ltd., a subsidiary of SYLA Technologies Co., Ltd., completed an absorption-style merger with SYLA Biotech Corporation on July 1st, 2024. As the surviving entity, SYLA Solar consolidates its focus on renewable energy, particularly in solar power generation and data centers operating on 100% renewable energy. The merger aligns with SYLA Technologies' strategy to enhance its renewable energy business, supported by government subsidies and aimed at achieving mid-term sales targets by fiscal year 2026. This move strengthens SYLA Technologies' position in the market, leveraging synergies between solar power development, EPC services, retail electricity sales, and sustainable data center operations under one unified structure.

Read More - https://www.techdogs.com/tech-news/globe-newswire/syla-solar-to-absorb-renewable-data-center-company-in-move-to-leverage-business-strength

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