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Taiwan's HDRE plans $3bn of battery storage projects in Japan

Nikkei Asia · last updated
Energy

Taiwan’s HDRE plans $3bn of battery storage projects in Japan

Subsidies, low rates draw foreign players to country’s nascent market

Taiwanese firm HD Renewable Energy operates this energy storage facility in northern Japan’s Sapporo. (Photo by Mao Kawano)

TOKYO — Japan’s underdeveloped market for battery energy storage systems is attracting global companies eager to expand their footprint.

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