Tokyo Metropolitan Government is supporting the installation of solar power generation facilities and storage batteries to promote the spread of energy-saving and renewable energy housing towards the realization of Carbon Half by 2030.
Project financing has been arranged by MUFG Bank representing the first battery storage project they have arranged finance for in Japan. Under the offtake agreement, Eku Energy will own the BESS while Tokyo Gas will own 100% of its operating rights for 20 years, with Eku Energy responsible for the ongoing maintenance of the facility.
As the global net zero transition accelerates, Japan has introduced its GX (green transformation) policy which provides a roadmap for economic growth and emissions reductions. Increasing renewable generation is a vital part of this roadmap and battery storage has a critical role to play in balancing electricity supply and demand.
Who is responsible for installing solar power generation in Tokyo?
We will realize our vision of Tokyo as a more resilient, prosperous, and livable city. Q Who is responsible for installing solar power generations? ✔ Major housing suppliers that supply over 20,000 ㎡ of housing on a yearly basis (approx. 50 companies)will be subject to this mandate.
Where is EKU energy's Hirohara battery energy storage system located?
Global energy storage specialist, Eku Energy, has announced the Hirohara Battery Energy Storage System (BESS) located in Oaza Hirohara, Miyazaki City, Miyazaki Prefecture. The 30MW/120MWh battery is Eku's first in Japan, and the company has agreed a 20-year offtake agreement for the project with Tokyo Gas.
Geographically, three of the projects will be built in Ibaraki Prefecture, two in Kanagawa, Chiba, and Tochigi each, and one in Tokyo, Saitama, and Gunma each. As Japan works to expand battery storage amid growing solar and wind capacity, METI also runs a similar subsidy scheme at the national level.
Tokyo Metropolitan Government is supporting the installation of solar power generation facilities and storage batteries to promote the spread of energy-saving and renewable energy housing towards the realization of Carbon Half by 2030.