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Sep 16, 2024 11:11 CESTJapan's Orix to offer O&M services for energy storage plants
Concept image of the energy storage plant. Image by Orix (www.orix.co.jp)
Japanese financial services group ORIX Corporation (TYO:8591) said on Monday it will start providing contract services for the operation and maintenance (O&M) of energy storage plants.
The Japanese company will now extend its coverage to domestic energy storage plants through its unit ORIX Renewable Energy Management Corporation (OREM), which already provides similar services for solar parks.
As its first client, OREM will provide the new service to the 48-MW/113-MWh Kinokawa Substation after its launch of commercial operation scheduled for 2024. The facility is part of a joint venture (JV) between ORIX Corp and utility Kansai Electric Power Company Inc (TYO:9503), or KEPCO.
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