Energy Storage News•6 months ago
Daiwa Energy & Infrastructure builds 160MWh revenue-stacking BESS in Hokkaido, Japan
- •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.
financing