Eku Energy will increase the capacity of energy storage to 9 GWh by 2028

Global battery storage company Eku Energy aims to increase its global energy storage capacity to 9 gigawatt hours (GWh) by 2028.

This ambitious target represents a significant increase from the current 1.3 GWh, underlining the company’s commitment to accelerate the energy transition and increase the use of renewable sources.

In April 2024, the company announced plans to begin construction of a new 30-megawatt/120-megawatt-hour (MWh) battery energy storage system in Japan’s Miyazaki Prefecture in the second half of 2024, which is expected to be operational in July 2026.

Eku Energy has signed a 20-year offtake agreement with utility Tokyo Gas for this project.

The facility will store enough electricity to power 63,000 households for four hours.

This is Eku Energy’s first battery storage project in Japan and is part of the country’s efforts to increase the use of renewable energy, achieve decarbonization goals and improve energy security.

Japan’s push into renewable energy will increase demand for battery energy storage solutions to balance supply from solar and wind sources.

– said managing director Kentaro Ono Reuters: “We intend to expand our global battery storage capacity to 9 GWh by 2028, up from the current 1.3 GWh already operational or announced.”

The company’s development initiatives cover countries such as the UK, Australia, Italy and Japan.

Although Eku Energy has not set a specific target for Japan, the country remains a key market due to its position as the world’s fourth largest electricity consumer.

The global expansion of battery storage, led by China and the United States, will likely cause Japan to catch up, supported by government initiatives and the creation of a market for regulating electricity supply and demand.

In Japan, the rise of renewable energy has led to increased requests for utilities to reduce production to balance the grid, resulting in a loss of potential clean energy. Eku Energy’s storage solutions aim to alleviate this problem, enabling better use of renewable resources.

The book “Eku Energy will increase energy storage capacity to 9 GWh by 2028” was originally created and published by Power Technology, a brand of GlobalData.

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