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Japan wants to boost battery storage with $779m incentive scheme

Thu, 01/15/2015 - 14:47 -- Laura Varriale
Japan wants to boost battery storage

Japan’s Ministry of Economy, Trade and Industry is to subsidise the installation of distributed battery storage and energy-efficient technologies with a $779m incentive scheme.

The programme is aimed to encourage factories and small businesses to be more energy efficient. The incentive should also increase the installation of energy storage systems at PV power plants and grid substations. The deployment of the battery systems should strengthen electricity grids to facilitate growing levels of renewable energy sources.

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