#EnergyStorageBusiness

Renova, Inc. has concluded a loan agreement for approximately 6 billion yen for a 90MW/270MWh energy storage project in Kikugawa City, Shizuoka Prefecture, aiming for a cumulative installed capacity of 900MW by 2030.

RS Technologies’ planned energy storage business has been selected for the Ministry of Economy, Trade and Industry’s subsidy project and is expected to receive a subsidy of 381 million yen.