Japan''s ''increasing need, coupled with policy support''
US asset manager Stonepeak has entered Japan''s energy storage market, forming a partnership with CATL-backed developer CHC. The pair''s new platform was among the successful bidders putting battery storage
Gore Street Capital Successfully Completes Fundraising
The business case for energy storage in Japan is currently centred around a 20-year fixed-price contract acquired through the long-term decarbonisation auction, presenting a low-risk model. However, the merchant
Report: Solar energy, energy storage and virtual power
The report titled "Solar energy, energy storage and virtual power plants in Japan" takes a close look at the characteristics and trends of this sector the COP21 held in Paris in December
Booming Battery Storage Pipeline Gives New Impetus to Energy
The results of the first round convinced METI to double the capacity allocated for battery storage. As Japan takes a leading role in Asia''s grid-scale energy storage market, it''s
Tokyo utilities put home battery storage in Japan''s
The Winners Are Set to Be Announced for the Energy Storage Awards! Energy Storage Awards, 21 November 2024, Hilton London Bankside Tokyo utilities put home battery storage in Japan''s power supply-demand
2021 – Understanding the current energy situation in Japan (Part 1)
In order to utilize these energy sources, technology for storage batteries is essential. And building storage batteries needs rare metals. Japan''s energy policy is based
Japan can raise renewable energy share to 80% by 2035: study
Japan could boost the share of renewable energy in its electricity production to 80 percent by fiscal 2035 by expanding the use of storage batteries and enhancing regional power grid
Japan: First dedicated BESS investment fund launches
The nascent grid-scale energy storage market in Japan now has its first-ever dedicated investment fund, and it will be jointly managed by Gore Street Capital, which launched one of the UK''s. Gore Street, which launched
Stonepeak and CHC Form Japanese Battery Energy
20-year fixed revenue capacity market contracts secured through Japanese government''s inaugural Long-term Decarbonization Auction. NEW YORK & TOKYO, JAPAN – May 14, 2024 – Stonepeak, a leading
Japan''s energy policies aim for increased zero-carbon
According to Japan''s 6th Strategic Energy Plan, battery storage will be increased as a distributed source of electricity closer to end users and within microgrids. This new policy calls for an increase in installed solar
Developer Gurin plans 2GWh battery storage
Japan is targeting renewables to make up 36% to 38% of its electricity generation mix by 2030, reduce emissions by 46% by that time and achieve carbon neutrality by 2050. As Gurin Energy pointed out in a release,
Stonepeak and CHC Form Japanese Battery Energy
NEW YORK & TOKYO, JAPAN – May 14, 2024 – Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, and CHC, a leading battery energy storage system ("BESS") project