Environment Friendly Holdings Corp. [3777.T]
TOKYO, May 27 (Pulse News Wire) – Environment Friendly Holdings Corp. (3777.T) announced today that it has commenced trial operations of its Kurochi battery storage facility as planned in May 2026.
The facility, located in Nagano, Ueda Shi Furusato and developed through a special purpose company (SPC) named EF-BESS1, has an installed capacity of 2 MW and a storage capacity of 8 MWh. The trial run is expected to conclude in June, followed by formal participation in the wholesale power market and grid balancing services. The impact on the company's consolidated earnings for the fiscal year ending December 2026 is currently being assessed, and further updates will be disclosed promptly if necessary.
In related developments, the company previously disclosed plans to collaborate with NH-Amundi Asset Management Co., Ltd. (headquartered in South Korea’s Souru Tokubetsu Shi, CEO Jung-Sup Gill). However, concrete investment decisions remain pending, and discussions will continue based on the memorandum signed with EF Investment.
This marks a significant step forward in Environment Friendly Holdings' expansion into renewable energy storage solutions.
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