Technology

Tokyo Electric’s renewables utility and ESS maker Itochu to create new business models

Tokyo Electric’s renewables utility and ESS maker Itochu to create new business models

19 Jun 2020, 09:54

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.