A total of 26 battery energy storage projects in Japan have been selected for contracts through the Long-Term Decarbonisation Power Source Auction (LTDA) for 2024.
Billion Watts Technologies, the solar and energy storage subsidiary of Taiwan’s Billion Electric, has completed a 64MW/262.43MWh battery energy storage system (BESS) in central Taiwan.
Investor Macquarie’s storage platform Eku Energy’s market entry and strategy speaks to the broader emergence of storage as an infrastructure asset, which its CEO discussed with us, also giving his views on BESS capex and procurement.
Tesla and Sumitomo Electric have both been selected to supply energy storage projects in Japan. Tesla will supply Megapacks for a BESS project while Sumitomo will deploy a 12MWh vanadium flow battery.
Renewable energy developer and retail utility ZEN Energy has partnered with HD Renewable Energy (HDRE) to focus on developing energy storage and green hydrogen projects in Australia, Taiwan, and potentially Japan.