Energy Storage News•10 days ago
Daiwa Energy & Infrastructure builds 160MWh revenue-stacking BESS in Hokkaido, Japan
Key Takeaway
This project demonstrates growing financial confidence in large-scale, revenue-stacked BESS projects globally, offering a model for developers and IPPs seeking diverse revenue streams.
AI Summary
- •Daiwa Energy & Infrastructure (DEI), backed by Daiwa Securities, is developing a 160MWh battery energy storage system (BESS) in Hokkaido, Japan.
- •The project is explicitly designed for "revenue-stacking," indicating a sophisticated market participation strategy to maximize returns from multiple grid services.
- •This significant investment by an investment bank-backed asset manager highlights increasing financial confidence in large-scale BESS projects globally, particularly those leveraging diverse revenue streams.
Topics
storagefinancingpolicycapacity-market