Remixpoint acquired the development site for the Ena Iwamura 3 Battery Storage Facility (provisional name) in Ena, Gifu. The number of company-owned battery storage facilities has reached 12, with construction scheduled to begin in 2027 and entry into the balancing market scheduled for autumn 2027.
The company announced that it had acquired the development site and other assets for the Ena Iwamura 3 Battery Storage Facility (provisional name), its second facility in Gifu Prefecture. As a result, the number of company-owned battery storage facilities, including those under development, will total 12.
The company has positioned its battery storage business as a growth area and set a target of developing a total of 48 high-voltage grid-scale battery storage facilities by the fiscal year ending March 2029, of which 25 will be company-owned. Progress is 48%.
The facility will be located in Ena, Gifu, with rated output of approximately 2 MW and rated capacity of approximately 8 MWh. Construction is scheduled to begin in April 2027, battery installation work in late June 2027, power receipt in late July 2027, and entry into the balancing market around autumn 2027.
The impact of this project on consolidated results for the current fiscal year is expected to be minor. The company stated that it would make a separate disclosure if a material impact on results arises in the future.