Daiwa House, TEPCO partner to develop 1 GW grid-scale battery storage in Japan by 2035

  • Daiwa House entered a business alliance with TEPCO Holdings to jointly develop grid-scale battery storage facilities in Japan.
  • Target set for 2035: 1 GW of output capacity, 4 GWh of storage capacity across projects nationwide.
  • Daiwa House to handle site acquisition, development, design, construction; TEPCO group to procure batteries, run electrical works, maintenance, operations.
  • Projects may be held via special-purpose companies, with external investor participation under consideration.


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