Tesla Teams Up With Japanese Firms to Build Energy Storage Facility in Hokkaido: Report

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  • Tesla will supply its Megapack battery technology for the project, which is due to start operating in summer 2022
  • Global Engineering will be the operator, selling power to the wholesale electricity market, balancing market and capacity market, while Ene-Vision will handle engineering, procurement and construction

As per a report by Reuters, Tesla Inc said it will join hands with Japanese companies to build an energy storage facility using its rechargeable battery in Hokkaido in northern Japan to help stabilise the power system.It will collaborate with Japanese power retailer and aggregator Global Engineering and engineering firm Ene-Vision to build the energy storage facility connected to the grid with 6,095 kilowatts hour (kWh) capacity that could power about 500 homes.

Tesla will supply its Megapack battery technology for the project. It is due to start operating in summer 2022. Global Engineering will be the operator, selling power to the wholesale electricity marketand Ene-Vision will handle engineering, procurement and construction.The project is estimated to cost around 300 million yen ($2.7 million), according to an official at Global Engineering.

The report added that Global Engineering said that it aims to help further expansion of renewable energy and to reduce costs by absorbing fluctuations and stabilising output through the use of generators and storage batteries,

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