RS Technologies Co. Ltd. 3445

RS Technologies Co., Ltd. has approved participation, via a 49% silent partnership investment of about ¥8,040 million, in a 99.82 MW / ~400 MWh grid-scale battery energy storage project in Otawara City, Tochigi Prefecture, with operations planned to start in October 2029. This move marks a significant push into grid-level battery storage, aiming to build a new earnings base while supporting renewable energy integration and grid stability for the equivalent of roughly 35,000 households’ daily...