Eku Energy announces first battery storage project in
Global energy storage specialist, Eku Energy, has announced the Hirohara Battery Energy Storage System (BESS) located in Oaza Hirohara, Miyazaki City, Miyazaki Prefecture. The 30MW/120MWh battery is Eku''s first
Macquarie-backed Eku Energy closes first Japan
It is understood Gore Street Energy Storage Fund and Itochu will be advising the Tokyo government on that scheme. This article has been amended from its original form to more accurately reflect information about
Japan''s ''increasing need, coupled with policy support''
Stonepeak is focused on investing in infrastructure and real estate, with approximately US$65.1 billion of assets under management. The company is headquartered in New York and recently made its first investment
Sumitomo to install 500MW battery storage in Japan
Japanese trading company Sumitomo is planning to expand its battery storage capacity in Japan to 500MW by March 2031, a significant increase from the current 9MW, Reuters has reported. The initiative is aimed
[Event Report] Green Transformation Week & Smart Energy Week—Business
Japan''s largest green transformation (GX) event was held at Makuhari Messe, Chiba Prefecture from October 2 to 4. Various seminars and demonstrations took place over
Japan Energy Storage Cabinet​ Market by Application | Statistics
Japan, Tokyo:-The Japan Energy Storage Cabinet​ Market size is predicted to attain a valuation of USD 41.42 Billion in 2023, showing a compound annual growth rate
Macquarie-backed Eku Energy closes first Japan
It is Eku Energy''s first project in Japan to reach financial close and will be located in Miyazaki City, the capital of Miyazaki Prefecture on the southern island of Kyushu. The 30MW asset will be 4-hour duration
METI Unveils Green Growth Strategy to Support
In the area of thermal power generation, Japan will promote the development of technologies for Carbon Capture, Utilization and Storage (CCUS) and carbon recycling, as well as explore the exciting potential of hydrogen and
Transformation of Japan''s energy system to attain net-zero
This study assesses Japan''s emission pathways aimed at net-zero emissions by 2050, as implied by the Paris Agreement''s global climate goal of pursuing efforts to limit the temperature rise to
Sumitomo aims to install 500 MW of battery storage in
Sumitomo aims to install 500 megawatts or more of battery storage in Japan by March 2031, from 9 MW now, to help mitigate renewable energy fluctuations and improve the efficiency of the...
Large-scale energy storage business | Sumitomo
Here, we will delve into our path taken to launch a completely new business and start operation of the first large-scale energy storage facility in Japan in 2024, as well as the challenges and future prospects on the front line.
6 FAQs about [Japan s commercial energy storage transformation]
What is Japan's first energy storage project?
In 2015, we started Japan's first demonstration project covering energy storage connected to the power grid in the Koshikishima, Satsumasendai City, Kagoshima. This project is still operating in a stable manner today. One feature of our grid energy storage system is that it utilizes reused batteries from EVs.
Can storage technology solve the storage problem in Japan?
THE RENEWABLE ENERGY TRANSITION AND SOLVING THE STORAGE PROBLEM: A LOOK AT JAPANThe rapid growth of renewable energy in Japan raises new challen es regarding intermittency of power generation and grid connection and stability. Storage technologies have the potential to resolve these iss
How will Japan transform the energy sector?
Alongside the transformation of the electricity sector, Japan will promote electrification and hydrogeneration in sectors that are highly dependent on fossil fuels such as transportation and the consumer economy. The transformation of Japan’s energy sources will require key technologies and strategic investment in several areas.
Does Japan have a regulatory framework for energy storage?
es and help advance Japan into the next stage of its renewable energy transition. This briefing examines the regulatory framework for energy storage in Japan, draws comparisons with the European markets and seeks to identify the regulatory developmen
What are the policy settings for battery energy storage in Japan?
The policy settings in Japan support investment in Battery Energy Storage and are compatible with delivering safe, secure and reliable green energy in a cost-effective manner to energy consumers, which is our mission. Kentaro Ono, Eku Energy Japan’s Managing Director, said:
What is the future of the energy storage business at Sumitomo?
There are two main directions in which the future of the energy storage business at Sumitomo Corporation is headed. One is to expand the “regional energy utilization (produce locally and consume locally) model” established in Koshikishima to the rest of Japan.