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Sungrow has agreed to supply ''approximately'' 500MWh of battery energy storage system (BESS) technology to Sun Village, a
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Sungrow has agreed to supply ‘approximately’ 500MWh of battery energy storage system (BESS) technology to Sun Village, a Japanese solar PV project developer. The energy storage arm of Chinese solar PV inverter manufacturer Sungrow signed a contract with Sun Village at a ceremony in Japan’s capital, Tokyo, last week during Smart Energy Week.
As policy, technology, and decarbonization goals converge, Japan is positioning energy storage as a critical link between its climate targets and energy reliability. Japan’s energy storage policy is anchored by the Ministry of Economy, Trade and Industry (METI), which outlined its ambitions in the 6th Strategic Energy Plan, adopted in 2021.
With Japan targeting a 36-38% share of renewable energy in its generation mix by 2030 and carbon neutrality by 2050, the government identified support for and promotion of energy storage as a key pillar of the Green Transformation Act announced in 2021.
In the commercial space, Japan’s battery storage market was valued at USD 593.2 million in 2023 and is projected to reach USD 4.15 billion by 2030. While commercial installations currently dominate revenues, industrial adoption is expected to scale faster. Utility-scale storage is also gaining ground.
