TOKYO : Hamburg-based investment management company Aquila Capital plans to further expand in solar energy in Japan and looks to add a battery storage business, Alexander Lenz, chief executive for Aquila's Asia Pacific region, told Reuters.As Japan targets to have 36 per cent-38 per cent of its electricit
TOKYO : Hamburg-based investment management company Aquila Capital plans to further expand in solar energy in Japan and looks to add a battery storage business, Alexander Lenz, chief executive for Aquila's Asia Pacific region, told Reuters.
"In Japan, we started with the first acquisition which is currently under construction - a solar project - but we are now looking forward to also focus on battery energy storage systems," Lenz said. As Asia Pacific countries, including Japan, are aggressively expanding in renewable power, Lenz sees a great potential for battery storage as nations need time to upgrade their grids to rising renewable energy volumes.
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