Renova's 215 MW storage battery projects win bids in decarbonisation auction
This involves three projects that are in development.
Renova’s three storage battery projects with a total installed capacity of 215 megawatts (MW) secured bids in the auction for a Long-term Decarbonisation Power Source.
In a statement, Renova said the auction, which was first launched in 2023, aims to encourage new investment in decarbonisation power sources by giving “predictability to long-term income.
The three Renova projects that are under development are located in Tomakomai with a 90 MW capacity, Shiraoi with 50 MW, and Morimachi Mutsumi with 75 MW.
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“Through these projects, Renova will adjust the supply of renewable energy power, the amount of which changes depending on weather and hour bands, to help make renewable power a major power source,” Renova said.
“It will thereby contribute to stabilizing power grids and increasing renewable energy power,” it added.