Remixpoint has begun grid connection at its energy storage facility in Kainan, Wakayama. The company announced the completion of grid connection at the fifth of 7 jointly developed sites and aims to enter the balancing market around February 2027.
Remixpoint has begun grid connection at the NC Kainan City Kizu Energy Storage Facility, a grid-scale energy storage facility in Kainan, Wakayama, jointly developed with Nippon Chikudenchi Co., Ltd. The facility's major equipment includes an energy storage system manufactured by CATL and PCS manufactured by TMEIC.
This marks the completion of grid connection at the fifth of 7 joint projects nationwide. Grid connection is also scheduled to begin in Ibigawa, Gifu, and Nagano, Nagano. The company has also disclosed plans to own and operate 25 of the 48 high-voltage grid-scale energy storage facilities it targets developing by the fiscal year ending March 2029.
Going forward, the company aims to combine operations across multiple markets, including spot trading on JEPX and the capacity market, beginning with entry into the balancing market. It has also outlined a policy of using the facilities as regional disaster-prevention infrastructure in the event of a disaster.
Competition in the industry is intensifying, with competitors such as Orix and Power X becoming increasingly active. The company has emphasized its commitment to advancing the development of regional energy storage infrastructure in collaboration with local governments and partner companies.