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Correc Holdings (6578) · InitiativeFirst stated

Entry into the Grid-Scale Battery Storage Business and Acquisition of a Battery Storage Facility

First written in FY2027-H1. . Latest entry: FY2027-H1.

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New Entry into the Grid-Scale Battery Storage BusinessA theme 44 companies write about · 0 as a headwind · 49 as a tailwind

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Showing 14 of the 44 companies compared. The sentences above are computed from all 44.
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  1. FY2027-H1First statedAnnual report

    「At a meeting of the Board of Directors held on 31 August 2026, the Company resolved to enter the grid-scale battery storage business and acquire battery storage facilities, and on the same date entered into a land purchase agreement and an agreement for the transfer of a grid-scale battery storage facility and related assets. … Planned total investment (estimate): ¥675 million … Construction start: 30 September 2026 … Scheduled completion: March 2027 … Rated output: approximately 2 MW … Rated capacity: approximately 8 MW … Funding plan: to be financed through borrowings from financial institutions … Purpose of facility acquisition: entry into the grid-scale battery storage business」

    The Company resolved to enter the grid-scale battery storage business and entered into agreements to acquire land in Kume District, Okayama Prefecture, and a high-voltage grid-scale battery storage facility. Planned total investment is ¥675 million, with rated output of approximately 2 MW, rated capacity of approximately 8 MW, construction scheduled to start on 30 September 2026 and completion scheduled for March 2027. Funding is planned through borrowings from financial institutions. In a subsequent event disclosure, the Company stated that it made a ¥493.5 million capital investment in the facilities on 30 September 2026.
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Entry into the Grid-Scale Battery Storage Business and Acquisition of a Battery Storage Facility | CORREC HOLDINGS Inc. (6578) | Komori