Tokyo EK Ultra-Large Energy Storage Project

Is EKU energy building Hirohara battery energy storage system?

The developer has agreed to a 20-year offtake agreement for the project with Tokyo Gas. London-headquartered Eku Energy has initiated the construction of the Hirohara Battery Energy Storage System (BESS) in Oh-Aza Hirohara, Miyazaki City, Miyazaki Prefecture, as it seeks to grow its footprint in the promising market.

Can EKU energy commercialise large-scale batteries in Japan?

For Eku Energy, the LTDA is important to the business model of its Japanese projects but the developer, perhaps best known for projects in the UK and Australia, sees three pathways to commercialisation for large-scale batteries in Japan. The company secured a 20-year tolling agreement for its first Japan project, the 30MW/120MWh Hirohara BESS.

Can EKU energy sell Hirohara Bess & eshi in Japan?

Kentaro Ono says that Hirohara BESS’ tolling deal and the Eshi project’s LTDA contract are two of three commercialisation pathways Eku Energy sees potential for in Japan. The third is a full merchant model. Ono says the developer wants to hold a diversified portfolio representing different risk and reward appetites for investment.

Does EKU have a tolling agreement with Tokyo Gas?

The company secured a 20-year tolling agreement for its first Japan project, the 30MW/120MWh Hirohara BESS. Now under construction on the southern island of Kyushu, Eku claimed its tolling agreement with utility Tokyo Gas was a first of its kind for the Japanese market that helped it to close financing in the summer of 2024.