Gulf Oil and Gas accountACCOUNT

MoU on Energy Storage Business in the Asia-Pacific Region

Source: www.gulfoilandgas.com 5/29/2018, Location: Asia

Share |
JERA Co., Inc. (“JERA”), Fluence Energy LLC (“FLUENCE”) and LYON Group (“LYON”) have signed a Memorandum of Understanding (“MOU”) creating a framework for strategic development among the parties of the energy storage business for the Asia-Pacific region.

The parties have a common understanding that a low emission energy system will be at the heart of the sustainable future. To realize such future, the parties will work together utilizing each party’s strength to develop commercial models and potential applications to utilize utility-scale battery storage solutions.

JERA believes that energy storage systems help to achieve a sustainable energy system and expand JERA’s renewable power business.

JERA and LYON have been jointly developing hybrid solar and energy storage projects in Australia together with FLUENCE as energy storage system provider. This MOU expands the collaboration among parties into the Asia-Pacific region.

Going forward, JERA will continue to enhance its corporate value by developing a balanced power generation portfolio that includes renewable energy. Furthermore, JERA will explore further application of energy storage system including the study on the effect of installing it into thermal power plants in Japan.

Emissions Measuring News in Japan >>

China >>  10/23/2018 - Aker Solutions received a notification of award for orders valued at more than NOK 1.7 billion from the China National Offshore Oil Corporation (CNOOC...
Thailand >>  10/19/2018 - Petrofac, the international oil and gas services provider, leading a consortium with Saipem S.p.A. (Saipem) and Samsung Engineering Co Ltd (Samsung), ...

China >>  10/18/2018 - KBR, Inc. (KBR) has been awarded a contract by Linggu Chemical Co. Ltd (Linggu) for an ammonia plant in Yixing City, Jiangsu Province in China. Under ...

Related Categories: Ecological & Environmental  Emissions Measuring  Environment Management, Consultancy  Environmental Services  General  Hazardous Waste Management  Oil Spill & Emergency Response  Safety Services  Waste Disposal 

Related Articles: Ecological & Environmental  Emissions Measuring  Environment Management, Consultancy  Environmental Services  General  Oil Spill & Emergency Response  Safety Services  Waste Disposal 


Japan Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 |

More News

 

Oil & Gas Companies in Japan >>


Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.