Japan reykjavik energy storage group plant operation

Will Orix build the world's largest power storage facility?

Japanese financial services group Orix is set to build one of the country’s largest power storage facilities, partnering with Tesla Inc. for the supply of industrial-scale batteries. The project in Maibara, Shiga prefecture, will incorporate Tesla’s Megapack units with a total capacity of 548 megawatt-hours.

When will ORIX's Energy Storage Plant start operation?

The parties are looking to break ground on the energy storage plant next month. Orix said it aims to start operations in 2024. The large-scale grid storage battery project will be located on the premises of Kansai Transmission and Distribution Inc's Kinokawa Substation in Wakayama prefecture.

When will Orix & KEPCO build a Kinokawa energy storage plant?

ORIX and KEPCO will jointly establish Kinokawa Energy Storage LLC and begin construction of an energy storage plant in August 2022, on the premises of the Kinokawa Substation (Kinokawa, Wakayama) of Kansai Transmission and Distribution, Inc.

What is Kinokawa energy storage plant?

Kinokawa Energy Storage Plant has 64 lithium-ion storage battery containers installed within its premises. With a rated output of 48MW and a rated capacity of 113MWh *2, it has the largest scale *3 out of all energy storage plants currently operating within Japan and is the first to begin operation in ORIX’s energy storage plant business.

Who will operate a KEPCO storage battery plant?

KEPCO Group company E-Flow LLC will take on the operation of the storage batteries, including transactions on the electricity market, while ORIX Renewable Energy Management Corporation *5 will be in charge of the plant’s operation and maintenance (O&M) work.

How many solar power plants does Orem operate in Japan?

Since its establishment in 2018, OREM has been providing contracted O&M services for a total of approximately 700MW *1 at 186 solar power plants across Japan, including mega solar plants operated by ORIX Group.