The spinout and change in ownership of Mitsubishi Power Americas’ energy storage activities into standalone unit Prevalon will make it as ‘nimble and fast-moving as possible’, its CEO said, while not ‘chasing market share for the sake of market share’.

Gotion High Tech has continued its push into Japan’s battery storage market, forming a partnership with investor Daiwa and renewable energy engineering and O&M firm CO2OS.

Marubeni Corporation will build and own a large-scale battery energy storage system (BESS) on Japan’s northern island of Hokkaido.   

Energy storage projects will be eligible to take part in competitive capacity auctions for low-carbon power set to be launched this month by the Japanese government.  

Developer Gurin Energy is so convinced of Japan’s energy storage market potential that it is planning a single project equivalent to the country’s entire installed base of lithium-ion battery storage.

Singapore-headquartered Gurin Energy has revealed plans for a 500MW, 4-hour duration (2,000MWh) battery storage project in Japan.

Nuvve, a US startup focused on vehicle-to-grid (V2G) technologies, has been selected to manage grid-connected stationary battery storage in Japan with a combined capacity of 30MWh.

The nascent grid-scale energy storage market in Japan now has its first-ever dedicated investment fund, and it will be jointly managed by Gore Street Capital, which launched one of the UK’s.

Solar Module Super League (SMSL) member JinkoSolar is supplying large-scale battery energy storage systems (BESS) to customers in Nigeria and Japan, totalling 20MWh of combined capacity.

Sodium-sulfur (NAS) battery storage manufacturer NGK Insulators has formed partnerships aimed at distributed and utility-scale segments.