News
Gurīn in the News
16 Dec 2023
Battery storage farms, like this one in the Canadian province of Alberta, are becoming more common to support the spread of renewable energy. © Reuters
NAOYUKI TOYAMA, Nikkei staff writer
December 16, 2023 09:45 JST
TOKYO — Singapore-based Gurin Energy plans to build a large energy storage facility in Japan, investing 91 billion yen ($628 million) to tap the country’s need for storage capacity driven by a rapid shift to renewable energy.
The site will have an output of 500 megawatts and a storage capacity of 2,000 megawatt-hours, enough to charge 50,000 electric vehicles. The plan is to bring the site online as early as 2028.