Hexa Energy Service to build 49.7MW grid-scale battery storage plant in Fukushima, secures long-term offtake with Tokyo Gas
About 41 months to scheduled completion.
Hexa Energy Service, a Japan-based unit of I Squared Capital, has signed a 20-year long-term offtake agreement with Tokyo Gas for a grid-scale battery storage facility it is developing in Fukushima Prefecture. Hexa will develop, own and maintain the facility while Tokyo Gas will operate it, trading in electricity markets; commercial operation is planned for FY2029.
Project facts
- Owner
- Hexa Energy Service LLC
- Facility
- Power plant
- Sector
- Power & energy
- Location
- Fukushima, Japan
- Investment
- Not disclosed
- Scale / capacity
- 49.7 MW output / 202.1 MWh capacity
- Completion
- Mar 2030
- Announced
- Jul 28, 2026
- Themes
- power-grid, renewable-energy
Figures and schedules are as announced by the company or the public body concerned; plans can change. Amounts that were not disclosed are recorded as not disclosed, never estimated.