Construction will begin in November 2024, with the commencement of operations scheduled for 2027. With a rated output of 134 MW and rated capacity of 548 MWh *2, Maibara-Koto Energy Storage Plant is a power grid *3 energy storage plant that will be constructed after ORIX bid and won at a long-term decarbonization energy auction.
TOKYO, Japan – May 30, 2024 – ORIX Corporation (“ORIX”) announced today that it will be constructing Maibara-Koto Energy Storage Plant, one of Japan’s largest *1 energy storage plants, in Maibara, Shiga. Construction will begin in November 2024, with the commencement of operations scheduled for 2027.
In 2015, we started Japan''s first demonstration project covering energy storage connected to the power grid in the Koshikishima, Satsumasendai City, Kagoshima. This project is still operating in a stable manner today. One feature of our grid energy storage system is that it utilizes reused batteries from EVs.
In 2024, we plan to invest our accumulated know-how into the operation of the first large-scale energy storage plant in Japan, to be located in Chitose, Hokkaido. Our grid energy storage business contributes to decarbonization from two major perspectives. First is the nationwide rollout of an energy storage platform.
Our solar power systems and energy storage products are engineered for reliability, safety, and efficient deployment. All systems include comprehensive monitoring and control systems with remote management capabilities.
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