Asahi Kaisei, De Nora form partnership for small-scale electrolysers
Sep 16, 2024 11:11 CESTUS infrastructure investor Stonepeak has set up a new platform with Singapore-based project developer CHC to create, build and operate Battery Energy Storage Systems (BESS) in Japan.
The duo was recently awarded a 20-year fixed revenue capacity market contract for four BESS projects in Japan’s first Long-term Decarbonization Auction. Initially, their new platform will target 1 GW of energy storage capacity, to be implemented over the next five years, Stonepeak said on Tuesday.
No further information about the partnership or the future energy storage projects was disclosed.
At present, Stonepeak has around 16.2 GW of capacity in operation and development, including solar, onshore wind, offshore wind, and battery storage, in addition to investments in renewable natural gas and other subsectors, it noted.
Asahi Kaisei, De Nora form partnership for small-scale electrolysers
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