📋 Tender Overview
Scope : To Construct 134MW Maibara-Koto Energy Storage Facility in Japan
Japanese company ORIX Corporation has announced plans to construct the Maibara-Koto energy storage plant, with a rated output of 134MW and a capacity of 548 megawatt hours.
The development will be one of the largest energy storage facilities in Japan.
To be situated in the city of Maibara in Shiga prefecture, the Maibara-Koto plant will commence construction in November 2024 and begin operations in 2027.
The project has been designed to provide enough energy to power approximately 48,000 households daily.
ORIX secured the project through a competitive decarbonisation energy auction from the Organisation for Cross-regional Coordination of Transmission Operators, Japan (OCCTO), which promotes investment in low-carbon energy solutions and guarantees a fixed income for two decades, thus ensuring long-term profitability for such initiatives.
The plant will be built on a leased 26,000m² area, provided by Maibara City.
