HD Renewable Energy Launches Collaboration with Tokyo Gas, Advancing Japan Expansion with 340MW Energy Storage Portfolio [Yahoo! Finance]
TOKYO GAS CO LTD UNSP/ADR (TKGSY)
NASDAQ:AMEX Investor Relations:
tokyo-gas.co.jp/ir/english/library/earn_e.html
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Source: Yahoo! Finance
Co., Ltd. (TSE: 9531, "Tokyo Gas") as part of its continued expansion in Japan. The partnership includes both operational service agreements and long-term offtake arrangements across multiple battery energy storage system (BESS) projects, with a total collaboration scale of approximately 340MW. The collaboration reflects HDRE's ongoing engagement with Japanese energy companies in storage development and asset management. HDRE and Tokyo Gas have a ~340MW collaboration portfolio, including operational service agreements in Aomori and offtake arrangements across Japan. The operational service projects are located in Aomori Prefecture, with a combined capacity of approximately 149MW. These projects were awarded under Japan's Long-Term Decarbonization Auction (LTDA) scheme and are scheduled to commence commercial operations in FY2029, with HDRE responsible for development and construction and Tokyo Gas overseeing operations upon commissioning. By combining HDRE's expertise in storage d
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