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.

IPP Enfinity Global has announced two battery energy storage system (BESS) projects in Texas, US with a total capacity of 425MW/850MWh.

American Battery Factory (ABF) has partnered with KAN Battery to pilot a line of lithium iron phosphate (LFP) battery cells.

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.

Eku Energy has begun its first battery storage project in Japan, while Gore Street Capital has raised funding for the country’s first energy storage-dedicated fund.

Home battery storage aggregation projects have launched with participation of Tokyo Electric Power Co, and Tokyo Gas, two major utility companies in the Japanese capital.

Macquarie-backed Eku Energy has completed the financing on its first battery energy storage system (BESS) project in Japan.

Japanese power company J-Power has completed its takeover of Australian renewable energy and energy storage developer Genex Power in a deal worth AUS$351 million (US$229 million).

Japan is one of the most talked-about emerging grid-scale energy storage markets in Asia, and featured prominently at the Energy Storage Summit Asia.

The Japanese government has published the list of battery aggregators that successfully applied to a scheme to promote energy storage systems.