Remixpoint, Inc.
Notice Regarding Entry into the Balancing Market for a Grid-Connected Battery Storage Facility (Tottori City, Tottori Prefecture) (5th Site)
The battery storage facility in Tottori City, "NC Tottori City Ketaka-cho 2 Battery Storage Facility," has entered the balancing market. Monthly revenue is expected to be approx. 15 million yen (lower than the previous approx. 20 million yen estimate). The company will continue to pursue participation in JEPX, the balancing market, and the capacity market, targeting a cumulative total of 48 high-voltage grid-connected battery storage facilities (25 owned by the company) by the fiscal year ending March 2029.
Key Figures
- Estimated monthly revenue (after storage facility entry): approx. 15 million yen
- Monthly revenue of the previous entry case: approx. 20 million yen (reference)
- Storage facility plan: cumulative total of 48 high-voltage grid-connected battery storage facilities by the fiscal year ending March 2029 (25 company-owned)
AI要約
Key Points of Business Development
Remixpoint, Inc. announced the entry of a grid-connected battery storage facility in Tottori City into the balancing market. This facility is the company's fifth entry overall, and the company will continue to operate combining participation in the JEPX market and the balancing market. By commencing operations and market participation of the storage facilities, Remixpoint aims to expand revenue opportunities and contribute to the wider adoption of renewable energy. Entry into the capacity market is also planned for 2030 and beyond, aiming to stabilize earnings from the battery storage business.
Future Outlook and Disclosure Policy
The company has disclosed a plan to develop a cumulative total of 48 high-voltage grid-connected battery storage facilities (25 of which will be company-owned) by the fiscal year ending March 2029. Currently, the company owns 12 battery storage facilities, including 7 jointly developed sites. The start of power receipt for each facility is scheduled individually, with sequential commissioning and expansion of market participation planned from June 2026 through 2027 and beyond.
Remixpoint, Inc.
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