Orix energy storage real estate

When will ORIX Energy Storage Plant be built?

TOKYO, Japan – May 30, 2024 – ORIX Corporation (“ORIX”) announced today that it will be constructing Maibara-Koto Energy Storage Plant, one of Japan’s largest *1 energy storage plants, in Maibara, Shiga. Construction will begin in November 2024, with the commencement of operations scheduled for 2027.

How does Orix provide electricity?

ORIX supplies electricity to customers by installing solar power generation and storage battery systems at customer-owned facilities and supplying electricity produced at these very facilities to clients. Customers pay service fees to ORIX for the amount of electricity they consume.

What is Orix's operating capacity?

Our total domestic operating capacity for power plants already in operation is approximately 1 GW *, making us one of the most prominent renewable energy providers in Japan. Data as of end of March 2023, gross operating capacity before consideration of ORIX's ownership stake.

Does Orix eco services use CO2-free electricity?

As such, ORIX Eco Services (OES) has decided to convert its two recycling plants— Funabashi Plant and Kasukabe Plant—to use electrical power generated from 100% renewable energy (including the use of non-fossil certified renewable energy sources); they are therefore now powered by CO 2 -free electricity.

What is Orix Eco Services?

ORIX Eco Services offers a nationwide disposal service for used solar panels discharged from solar power stations. Since the Feed-in Tariff System for Renewable Energy was introduced in 2012, solar power generation has spread rapidly.

Does Orix own elawan energy?

ORIX holds 100% of the issued shares of Elawan Energy S.L. (Elawan) – a global renewable energy company headquartered in Spain. Beginning with Spain, Elawan develops and operates wind and solar power plants in 14 countries around the world with a focus on Europe, North America, and South America.