What are the main features of the Kikugawa Nishimura Battery Storage Facility?

The main features include being the largest market sales type facility in Japan (90MW/270MWh), high cost competitiveness due to scale and in-house operations, high reliability based on project finance track record, and contribution to the effective utilization of renewable energy and stabilization of power supply.

What kind of business model is "market sales type"?

It is a business model that secures revenue by providing ancillary services and capacity in markets such as the supply-demand adjustment market and the capacity market, without relying on price guarantees like the Feed-in Tariff (FIT) system or long-term fixed-price contracts with specific counterparties.

With this investment, what is the total capacity of Renova's battery storage business?

The cumulative capacity, including ongoing operations and projects under construction, has reached 352MW, which is approximately 40% of the 2030 target (cumulative 900MW).

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[Largest in Japan] Renova to Develop 90MW/270MWh 'Market Sales Type' Storage Battery Facility in Kikugawa City, Shizuoka Prefecture

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Renova will develop Japan's largest market sales type storage battery facility in Kikugawa City, Shizuoka Prefecture, and has signed a loan agreement of approximately 6 billion yen.

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Frequently Asked Questions

Q: What are the main features of the Kikugawa Nishimura Battery Storage Facility?: A: The main features include being the largest market sales type facility in Japan (90MW/270MWh), high cost competitiveness due to scale and in-house operations, high reliability based on project finance track record, and contribution to the effective utilization of renewable energy and stabilization of power supply.
Q: What kind of business model is "market sales type"?: A: It is a business model that secures revenue by providing ancillary services and capacity in markets such as the supply-demand adjustment market and the capacity market, without relying on price guarantees like the Feed-in Tariff (FIT) system or long-term fixed-price contracts with specific counterparties.
Q: What is the loan amount for this project finance?: A: Approximately 6 billion yen.
Q: When is the planned start of operation for the Kikugawa Nishimura Battery Storage Facility?: A: Scheduled for FY2028.
Q: With this investment, what is the total capacity of Renova's battery storage business?: A: The cumulative capacity, including ongoing operations and projects under construction, has reached 352MW, which is approximately 40% of the 2030 target (cumulative 900MW).