Nozomi Energy, a Japan-focused renewables platform established by Actis, is delighted to announce its selection as one of the winning companies in Japan’s first ever Long-term Decarbonisation Capacity Auction, securing two Battery Energy Storage System (BESS) projects, each with an initial installed capacity of close to 200MWh.
This significant achievement follows Nozomi Energy’s impressive success in establishing an operational project portfolio of 100MW within 10 months of commencing operations.
As Japan aspires to achieve carbon neutrality by 2050 and is therefore targeting a renewable energy share of 36-38% of total power production by 2030 — doubling the share from 2019 — Nozomi Energy’s strategic contributions are playing an important role in the nation’s green energy trajectory. The successful bid for two BESS projects underscores Nozomi Energy’s commitment to bolstering Japan’s renewable energy infrastructure and reducing carbon emissions.
You can now read the full press release at the link below
