Feb 5, 2025 · A render of the BESS project. Image: ORIX Corporation / PR Times. Tesla and Sumitomo Electric have both been selected to supply energy storage projects in Japan. Tesla
3 days ago · The Hirohara Battery Energy Storage System (BESS) is located in Oaza Hirohara, Miyazaki City, Miyazaki Prefecture. The 30MW/120MWh battery is Eku''s first in Japan, and the
Feb 14, 2024 · In a strategic collaboration poised to revolutionize the energy landscape, Foss & Company, a prominent institutional fund sponsor, has announced its exclusive partnership as
Aug 7, 2023 · Construction is set to begin on a battery storage project in Japan through a joint venture (JV) involving CATL with utility Shikoku Electric Power.
Battery storage developer Eku Energy has partnered with utility Tokyo Gas on a grid-scale energy storage project in Japan, with construction expected to start soon. The developer, jointly
Aug 13, 2025 · This is Tokyo Century''s first wholly-owned grid-scale BESS project. Tokyo Century will build a 15.6MW/64.38MWh grid-scale battery storage facility in Nagasaki City, Nagasaki
Apr 24, 2024 · 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
A smooth grid connection strategy for compressed air energy Reference ( Meng et al., 2023) proposes a compressed air energy storage multi-energy co-supply system coupled with
ITOCHU has begun full-scale operation of the "Tokyo Electric Power Storage Investment Limited Partnership" with over 8 billion yen in investment from private institutional investors. The Fund
Tokyo, 12 June 2025 – Saft, a subsidiary of TotalEnergies, has been selected by leading Asian renewable energy developer Gurīn Energy to supply a battery energy storage system (BESS)
The Tokyo Energy Storage Phase II project isn''t just another battery installation; it''s sort of the linchpin for Japan''s 2030 carbon neutrality goals. By 2026, this 820MWh facility will store
Sep 30, 2024 · The Fund is planning to launch an energy storage plant in its first project in FY2025 and to successively develop and operate energy storage plants. To meet the needs of
Sep 26, 2024 · London-headquartered Eku Energy has initiated the construction of the Hirohara Battery Energy Storage System (BESS) in Oh-Aza Hirohara, Miyazaki City, Miyazaki
Jun 8, 2023 · A grid-scale battery storage project in Hokkaido, northern Japan, the only region of the country where energy storage is required for new renewable energy projects. Image:
Jun 5, 2024 · A large lithium-ion battery storage project that contributes to grid stability and supports the integration of renewable energy, Leighton Buzzard
Tokyo Gas would use its experience in energy trading markets to use battery storage to contribute to stabilising the grid and enabling greater integration of renewable energy.
Japan's first fund dedicated to grid storage batteries begins full-scale operation Raised over 8 billion yen from 11 public and private investors Norbert Gehrke Oct 02, 2024 Share this post Japan Startup Observer Japan's first fund dedicated to grid storage batteries begins full-scale operation Copy link Facebook Email Notes More Share
Japan’s grid-scale battery storage market has been relatively slow to take off, with relatively limited revenue opportunities that focus largely on ancillary services, with some capability of earning money through the JEPX power exchange spot market. There are also some subsidy schemes in place.
Going forward, the plan is to launch the first energy storage station around fiscal 2025, and then proceed with the development and operation of energy storage stations one after another. ITOCHU has developed a product lineup that meets market needs, from home storage batteries to large-scale energy storage systems for industrial and grid use.
Increased generation of renewables requires various forms of energy storage to manage the issues associated with intermittency. Japan has, therefore, introduced two CAPEX subsidy schemes for grid-scale battery developers, excluding co-located projects.
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 (120MWh), and a 20-year offtake agreement is in place with Tokyo Gas.
The global industrial and commercial energy storage market is experiencing explosive growth, with demand increasing by over 250% in the past two years. Containerized energy storage solutions now account for approximately 45% of all new commercial and industrial storage deployments worldwide. North America leads with 42% market share, driven by corporate sustainability initiatives and tax incentives that reduce total project costs by 18-28%. Europe follows closely with 35% market share, where standardized industrial storage designs have cut installation timelines by 65% compared to traditional built-in-place systems. Asia-Pacific represents the fastest-growing region at 50% CAGR, with manufacturing scale reducing system prices by 20% annually. Emerging markets in Africa and Latin America are adopting industrial storage solutions for peak shaving and backup power, with typical payback periods of 2-4 years. Major commercial projects now deploy clusters of 15+ systems creating storage networks with 80+MWh capacity at costs below $270/kWh for large-scale industrial applications.
Technological advancements are dramatically improving industrial energy storage performance while reducing costs. Next-generation battery management systems maintain optimal operating conditions with 45% less energy consumption, extending battery lifespan to 20+ years. Standardized plug-and-play designs have reduced installation costs from $85/kWh to $40/kWh since 2023. Smart integration features now allow multiple industrial systems to operate as coordinated energy networks, increasing cost savings by 30% through peak shaving and demand charge management. Safety innovations including multi-stage fire suppression and thermal runaway prevention systems have reduced insurance premiums by 35% for industrial storage projects. New modular designs enable capacity expansion through simple system additions at just $200/kWh for incremental capacity. These innovations have improved ROI significantly, with commercial and industrial projects typically achieving payback in 3-5 years depending on local electricity rates and incentive programs. Recent pricing trends show standard industrial systems (1-2MWh) starting at $330,000 and large-scale systems (3-6MWh) from $600,000, with volume discounts available for enterprise orders.