The grid-scale battery storage facility in Nichinan, Miyazaki, has been completed and handed over, bringing the cumulative number of facilities that have begun operations to 3 with this completion. The company is pursuing integrated operations in the wholesale electricity and balancing markets, while continuing to acquire 11 development sites and targeting medium- to long-term growth.
The battery storage facility in Nichinan, Miyazaki, has been completed and handed over. The company is reported to be planning to expand operations by building a track record in multiple markets and acquiring development sites.
With this completion, a cumulative total of 3 battery storage facilities have begun operations out of the 11 development sites secured by the group to date. At present, the group is combining operations in the wholesale electricity and balancing markets.
The group says it will improve its operating expertise by building a track record of operations, and will continue to build that track record and acquire development sites as it advances the grid-scale battery storage business as a medium- to long-term growth business.
A.D.Works Group Co.,Ltd. is an investment solutions company focused primarily on real estate and is listed on the Tokyo Stock Exchange Prime Market.