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Other Disclosures8739SPARX Group Co.,Ltd.Financials (excluding banks)

Participation in a Battery Storage Facility Business in Aso County, Kumamoto Prefecture

スパークス・グループ and its subsidiary SGET will participate, together with The Kansai Electric Power Company,Incorporated, JA三井リース株式会社 and 福岡地所株式会社, in a battery storage facility business in Minamiaso Village, Aso County, Kumamoto Prefecture. The companies will develop a battery storage facility with a rated output of 50MW and rated capacity of 175.5MWh, targeting the start of commercial operations in June 2029.

Worth reading
62In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
50
MW (rated output)
Wording
Conditional
How definitive the wording is.

Announced details

SGET Aso Battery Storage FacilityThe Kansai Electric Power Company,Incorporated's “Battery Diagnostics and Operations Support Service”E-Flow合同会社's “Electricity Market Operations Service”
Applicable field (uses covered by this announcement)
Capacity MarketWholesale Electricity MarketBalancing Market
Launch dateJune 2029 (scheduled start of commercial operations)
Relationship between the counterparty and the company
SPARX Group Co.,Ltd.8739
Relationship with the Company

スパークス・グループ and its subsidiary SGET are participating in the battery storage facility business together with The Kansai Electric Power Company,Incorporated, JA三井リース株式会社 and 福岡地所株式会社. The 4 companies are undertaking the project jointly, with SGET supporting development, financing and operations.

CounterpartyThe Kansai Electric Power Company,IncorporatedJA Mitsui Leasing Co., Ltd.福岡地所株式会社E-Flow合同会社

The Kansai Electric Power Company,Incorporated, JA三井リース株式会社, 福岡地所株式会社 and E-Flow合同会社 are participating in the project. The Kansai Electric Power Company,Incorporated is stated to provide battery diagnostics and operations support services, while E-Flow合同会社 is stated to provide electricity market operations services. Other information on their locations, representatives, capital, years of establishment and business activities is Not disclosed.

Location (as indicated in this announcement)

Minamiaso Village, Aso County, Kumamoto Prefecture

Site area of approximately 10,000㎡, rated output of 50MW and rated capacity of 175.5MWh

In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.

Announced details
ItemDetails
Names of Products / Services CoveredSGET Aso Battery Storage Facility, The Kansai Electric Power Company,Incorporated's “Battery Diagnostics and Operations Support Service”, E-Flow合同会社's “Electricity Market Operations Service”
CounterpartyThe Kansai Electric Power Company,Incorporated, JA Mitsui Leasing Co., Ltd., 福岡地所株式会社, E-Flow合同会社
Counterparty overviewThe Kansai Electric Power Company,Incorporated, JA三井リース株式会社, 福岡地所株式会社 and E-Flow合同会社 are participating in the project. The Kansai Electric Power Company,Incorporated is stated to provide battery diagnostics and operations support services, while E-Flow合同会社 is stated to provide electricity market operations services. Other information on their locations, representatives, capital, years of establishment and business activities is Not disclosed.
Relationship with the Companyスパークス・グループ and its subsidiary SGET are participating in the battery storage facility business together with The Kansai Electric Power Company,Incorporated, JA三井リース株式会社 and 福岡地所株式会社. The 4 companies are undertaking the project jointly, with SGET supporting development, financing and operations.
Launch dateJune 2029 (scheduled start of commercial operations)
Applicable areaCapacity Market, Wholesale Electricity Market, Balancing Market
LocationMinamiaso Village, Aso County, Kumamoto Prefecture
Location scaleSite area of approximately 10,000㎡, rated output of 50MW and rated capacity of 175.5MWh
Items this document does not state (10)
Contract ValueOffering priceContract DateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateQuantitative EffectsUsage historyImpact on Business PerformanceSource

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To stabilize the electricity supply-demand balance in the Kyushu region, promote the wider adoption of renewable energy and contribute to achieving carbon neutrality by 2050.

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Participation in a Battery Storage Facility Business in Aso County, Kumamoto Prefecture | SPARX Group Co.,Ltd. (8739) timely disclosure | Komori