Tesla Teams Up With Japanese Firms to Build Energy Storage Facility in Hokkaido: Report

  • Tesla will supply its Megapack battery technology for the project, which is due to start operating in summer 2022
  • Global Engineering will be the operator, selling power to the wholesale electricity market, balancing market and capacity market, while Ene-Vision will handle engineering, procurement and construction

As per a report by Reuters, Tesla Inc said it will join hands with Japanese companies to build an energy storage facility using its rechargeable battery in Hokkaido in northern Japan to help stabilise the power system.It will collaborate with Japanese power retailer and aggregator Global Engineering and engineering firm Ene-Vision to build the energy storage facility connected to the grid with 6,095 kilowatts hour (kWh) capacity that could power about 500 homes.

Tesla will supply its Megapack battery technology for the project. It is due to start operating in summer 2022. Global Engineering will be the operator, selling power to the wholesale electricity marketand Ene-Vision will handle engineering, procurement and construction.The project is estimated to cost around 300 million yen ($2.7 million), according to an official at Global Engineering.

The report added that Global Engineering said that it aims to help further expansion of renewable energy and to reduce costs by absorbing fluctuations and stabilising output through the use of generators and storage batteries,

- Advertisement -

Industry's Buzz

Statcon Energiaa Inks MoU with Ram Raja Solar Power Green Energy

0
The alliance will provide comprehensive support, including system selection, professional installation, and reliable after-sales service Statcon Energiaa has entered into a strategic Memorandum of Understanding...

Rising AI Demand May Drive More Memory Chip Manufacturing in India

0
Growing demand for AI and data-centre memory chips is expected to attract fresh investments and expand manufacturing capacity in India. India is likely to witness...
IIT Madras

IIT Madras Unveils Indigenous E-Waste Recycling Pilot Plant

0
The facility can process 100 tonnes of e-waste annually while recovering valuable metals through a zero-discharge process. Researchers at IIT Madras have developed an indigenous...

India, France Reaffirm Commitment to Open and Ethical AI

0
Macron and Modi highlighted responsible AI development and stronger technology cooperation at Bharat Innovates 2026. French President Emmanuel Macron has called for the development of...
NVIDIA

Nvidia Pushes Vera AI CPUs in China Amid GPU Challenges 

0
Nvidia has begun taking orders for its Vera AI CPUs in China, seeking to rebuild its presence in a market constrained by U.S. export...

Learn From Leaders

HYKON: Building for Energy Markets Before They Exist 

0
As India’s power ecosystem undergoes rapid change, innovators are being pushed to rethink how energy is generated, stored and delivered. In a sector where most...
V Sriram Kumar, CEO, Electronics City Industries Association (ELCIA), Bangalore

“With Coordinated Governance, Multi-Layered Security, And Industry-Focused Infrastructure Management, Electronics City Supports Ease Of...

0
Driving collaboration, skilling, and innovation, how is ELCIA transforming Electronics City into a globally competitive manufacturing hub while bridging industry gaps and enabling MSME...
C2i Semiconductors Founders. (From left to right) Vikram Gakhar, Founder & Director, Mixed Signal; Preetam Tadeparthy, Founder, CTO, VP, Engineering; Ram Anant, Founder & CEO; B.S. Dattatreya. Founder & Director, Power.

“Power For AI Is A Trillion-Dollar Opportunity”- Preetam Tadeparthy And Vikram Gakhar, C2i Semiconductor

0
An Indian startup is redesigning power for AI servers, cutting energy losses, boosting GPU performance, and building chips that could shape the next generation...
Pragnesh Patel, Director, CircuitWala

“We Believe In Relationship Building More Than Business” – Pragnesh Patel, Director, CircuitWala

0
In an interaction with EFY’s Nitisha Dubey, Pragnesh Patel of CircuitWala shares insights into Gujarat’s PCB ecosystem, policy support, growth roadmap, expansion strategy, and...
Hareesh Ramanna, CXO, Sasken Technologies and President, Borqs Technologies (Sasken Group), India

“Nothing Works In Isolation Anymore; Everything Is Connected”- Hareesh Ramanna, Sasken Technologies 

0
From design in India to scale for the world, Hareesh Ramana of Sasken Technologies and Borqs Technologies reveals how AI is reshaping IoT innovation...

Startups

Minister Dr Jitendra Singh commends India's startup growth in Bengaluru event

India’s Startup Ecosystem Creates Nearly 2.5 Million Jobs, Says Minister

0
From a few hundred ventures to 230,000 startups, India’s innovation ecosystem has generated nearly 2.5 million jobs while expanding beyond major cities. India’s startup ecosystem...

“We Can Turn Any IP Camera Into A Real-Time, AI-Powered Monitor”

0
A Vellore-based startup claims to turn any camera into a system that detects tampering, tracks people, and sends real-time alerts across multiple locations. Quantum Sharq,...
Prajwal Lale, CEO, P.L.Robotics Pvt Ltd (PLR)

“Cobots built for India, rooted in research, driven by young minds, and are ready...

0
Can India automate on its own terms? With a small lab in Pune creating cobots by young engineers for India’s real factory needs, Prajwal...
Humanoid robot

Addverb Seeks $100 Million For Robotics Expansion

0
Can an Indian robotics company challenge global industry leaders? Relian-backed Addverb is seeking fresh funding to expand AI, humanoid and automation technologies. Addverb Technologies, the...
Image used for representation purposes

French Counter-Drone Startup Alta Ares Raises €50 Million In Fresh Funding

0
The investment will support production expansion and international growth as demand for air-defence technologies continues to rise. French counter-drone startup Alta Ares has raised €50...