Update 24 September 2020: A few hours after the publication of this story, Entergy made public a new pledge to reach carbon neutrality by the year 2050. The company said that while it commits to this goal it will remain committed to "grid reliability and affordability for customers".
Greenko said that it will be helped along with plans to build multiple gigawatts of renewable energy plants alongside energy storage in India by an investment from Tokyo-headquartered ORIX Corporation.
Canadian energy storage technology manufacturer Eguana Technologies has reported greatly increased revenues in its latest quarterly financial results, with the company making recent deals in territories including Japan and Germany.
Energy trading with batteries ‘will be scalable business in Japan’ once rules change in coming years
Peer-to-peer (P2P) energy trading using distributed battery storage in Japanese households could be a scalable business once prohibitive rules change in a couple of years’ time, a provider of renewable energy equipment in the country has said.
Transmission and distribution network operator Hokkaido Electric Power has contracted Sumitomo Electric Industries to supply a grid-scale flow battery energy storage system for a wind farm in northern Japan.
One of the first large-scale solar farms in Japan so far to be equipped with battery storage in order to meet the requirements of a local grid operator and utility, has been completed on the island of Hokkaido.
Mitsubishi, Japanese telecoms co NTT step up focus on renewables, storage, EVs and energy management
Mitsubishi Corporation said today that it is partnering with major Japanese telecoms provider NTT to “study cooperation” in renewables, energy management using electric vehicles and battery energy storage, while according to reports, NTT is investing around US$1 billion a year in renewable energy up to 2030.
Itochu, a major Japanese corporation which has sold over 330MWh of residential battery storage systems in its home market, has invested ¥1 billion (US$9.35 million) in TRENDE, a renewable energy retailer which counts utility company Tokyo Electric Power among its major shareholders, with a view to launching a range of renewable energy and storage-enabled services.
Targeting a national economic goal in mind of making hydrogen competitive with natural gas, Australia’s government has put AU$70 million (US$44.3 million) into a “deployment funding round” for renewable hydrogen.
NEC Corporation representatives have said that while the domestic market opportunity for battery energy storage remains fairly small for the Japanese company, it is expected to “increase dramatically” within the next three years at commercial and industrial (C&I) and utility-scale.
A 10MW hydrogen production plant powered from renewable energy has just opened in Fukushima Prefecture, Japan, and is thought to be the world’s largest to date.
With Japanese companies keen to learn from their counterparts in deregulated energy markets such as the UK, the Japan Energy Challenge provided the ideal forum for exchanging ideas. Andy Colthorpe reports.
It has always been anticipated that by the early 2020s, the feed-in tariff would have tapered away in Japan’s booming solar market. Andy Colthorpe speaks with analyst Izumi Kaizuka at RTS Corporation to learn more about what the future holds for post-subsidy solar in Japan.
Japanese maker of precision equipment, Yamaha, was exhibiting its recently launched products for testing and inspecting lithium-ion batteries at a major smart energy trade show in Tokyo this week.
Tesla Inc. today showed off recent activities in the virtual power plant (VPP) space at Tokyo's Smart Grid Expo, with a view to bringing them at scale into the country's rapidly changing energy market.
For Japan, the famous 4Ds of the energy transition - creating a distributed, decarbonised, decentralised and digitised grid - will involve a huge scaling up of smart solutions on a market basis, various sources have told Energy-Storage.news.
Kyocera has officially launched a residential energy storage system using an advanced manufacturing process that supplier 24M claims can reduce some of the key costs of lithium battery making by as much as 50%.
A solar-plus-storage sysem is to power the manufacturing of electric vehicles at Mitsubishi Motors Corporation’s (MMC) Okazaki Plant in Japan.
A consortium featuring Mitsubishi and Japanese utility Chubu is set to buy out European energy major Eneco as Mitsubishi targets further European growth.
Experience of managing 10,000 home batteries in Japan paves the way for mass EV smart charging and further international expansion.
In what is unlikely to become a regular feature of Energy-Storage.news, but seems apt nonetheless, this edition rounds up news from some of the latest behind-the-meter orchestras of small-scale resources in the past few weeks.
Japanese developer Eurus Energy and Australian-headquartered wind developer Windlab have signed an MoU with Kenyan authorities to develop an 80MW solar-plus-wind-plus-storage facility.
ROUNDUP: WA utility picks ‘secure’ software, Mitsubishi Heavy Industries’ Japan demo, New CEO at Eos
News in brief from around the world in energy storage.
The company’s partner in Japan, Next Energy & Resources, has predicted that the growth of home solar - and now energy storage - systems will help provide the impetus for new business models, including the growth of third-party ownership.
US software and data company Autogrid has continued its roll-out of solutions into Japan’s evolving electricity market, joining a virtual power plant (VPP) project that could add more than 10,000 assets by the end of 2021.
Tokyo’s main power company is using blockchain distributed ledger technology to assess how customers on its new renewable energy tariffs could use solar, batteries and electric vehicles to trade energy via the grid.
Thanks to “innovative business models” and the combination of PV with batteries, Japan’s “solar boom” is far from over, market expert Izumi Kaizuka of RTS PV has said.
Japanese conglomerate Marubeni Corporation has invested in US-based company, GridMarket, which is focused on distributed generation projects using battery storage, solar PV, fuel cells, and combined heat and power.
A Tesla Powerpack energy storage system with 7MWh capacity has been deployed for a train company in Japan, adding backup power capabilities to trains and adding the system to an ongoing virtual power plant project.
Andy Colthorpe caught up with Moixa CTO Chris Wright to hear about how a tie-in with trading company ITOCHU and the Ministry of Economy, Trade and Industry (METI) is creating smarter energy networks in Japan using solar, batteries, electric cars – and Moixa’s GridShare software platform.