TOKYO, Jun 30 (Pulse News Wire) – Kuradashi.co.,ltd. (5884.T) announced today that it has entered into a basic agreement with Green Energy & Company to develop and operate grid-scale battery storage facilities.
The joint venture aims to accelerate the expansion of renewable energy adoption in Japan. Under the agreement, Kuradashi and Green Energy & Company plan to establish a special purpose company (SPC) through which they will manage a battery storage fund. They also intend to explore expanding their operations by soliciting investments from anonymous partnership investors. Revenue generated from the operation of the battery storage facilities would be distributed back to investors as dividends, potentially attracting further investment and enabling the establishment of additional facilities.
Green Energy & Company, founded on April 01, 2009, operates nationwide with a focus on creating a society where individuals can produce their own energy. With over 1,200 projects completed as of April 2026, the company has established itself as a leading player in system-level battery storage and renewable energy sectors. Details such as the name, capital amount, shareholding ratios, and specific operational plans for the joint venture will be disclosed once finalized. The companies aim to finalize a legally binding contract based on this initial agreement.
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