TOKYO, Mar 11 (Pulse News Wire) – Kaihan CO.,LTD. (3133.T) announced today that its subsidiary, KR Energy 1st General Partnership, will commence operations on March 19, 2026, focusing on grid battery systems.
The project involves installing batteries in unused areas within existing solar power facilities across 330 sites without requiring additional land acquisition. The initial phase includes submitting connection applications for 100 sites in March and April. Additional costs will be incurred once battery installations are finalized.
The company expects to derive revenue from demand-side management markets, spot markets, and capacity markets post-installation. Kaihan plans to fund the initiative through internal resources, with an estimated expenditure of ¥40 million for application fees in the fiscal year ending March 2026. The subsidiary will collaborate with Oakmont Corporation for asset management and regulatory compliance, aiming to establish a hybrid energy center combining solar and storage technologies.
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