#Japan #Fukuoka #Tokyo Century #Tensor Energy #Tensor Cloud

Overview of the Partnership

Tensor Energy, based in Fukuoka, Japan, has entered into a comprehensive business partnership with Tokyo Century, located in Chiyoda, Tokyo, to advance their battery energy storage solutions. This collaboration aims to enhance operational efficiency in the rapidly growing sector of renewable energy storage systems in Japan.

Background and Objectives of the Partnership

Japan has been scaling up the adoption of energy storage systems as integral components of its renewable energy infrastructure. With various electricity markets such as JEPX (wholesale market), EPRX (demand-supply adjustment market), and capacity markets becoming more complex, there is a pressing need for timely bidding and sophisticated charge-discharge control systems.

Through this partnership, Tensor Energy will leverage its state-of-the-art technology and provide the platform known as 'Tensor Cloud.' This platform will integrate and support Tokyo Century's operations in battery energy storage, allowing both companies to collaborate on expanding and developing the functional capabilities of their operational systems. The key benefit of this partnership is the direct use of actual operational data and environments from Tokyo Century, enabling Tensor Energy to enhance its platform capabilities effectively.

About Tensor Cloud

'Tensor Cloud' is a cutting-edge cloud platform designed to manage the entire lifecycle of renewable energy systems. Key features include:

• - High-Precision Forecasting: Utilizing exclusive AI technology for each asset to forecast power generation and pricing accurately, thereby minimizing imbalance risks in the market.
• - Optimal Charging and Discharging Schedules: The platform enables automated control and strategic planning to maximize profits while adhering to diverse market frameworks.
• - Integrated Operations Management: From the simulation of power plant setups to daily operations and financial management, Tensor Cloud streamlines decision-making across all areas.

Previous Collaborations

Since the operation of the battery system began in June 2024, both Tensor Energy and Tokyo Century have successfully utilized 'Tensor Cloud' to refine operations and enhance profitability. This new partnership is built on the trust established through two years of actual operational collaboration, including projects involving mega-solar power integrated with battery systems in Aso, Kumamoto, and an onsite PPA project in Karatsu, Saga.

Comments from Executives

Nana Hori, CEO of Tensor Energy, emphasized that the future of renewable energy in Japan depends not only on increasing the number of generation sites and storage systems but also on developing intelligent infrastructure for their operation. The ability to glean value from energy storage systems hinges on strategic market understanding and optimizing when to charge or discharge, greatly influenced by the data accumulated from actual operations, enhanced by AI.

Company Profiles

Tokyo Century:
Headquarters: Chiyoda, Tokyo
CEO: Koji Fujiwara
Specializes in domestic and international business, transport, mobility, and infrastructure investment.
Tokyo Century Website

Tensor Energy:
Headquarters: Fukuoka, Japan
Executives: Nana Hori, Carlos Vincent Filter
Focuses on asset management and control of power generation and storage systems, along with developing software for power trading.
Tensor Energy Website

Conclusion

This strategic partnership paves the way for enhanced operations in Japan's energy storage market, ultimately contributing to the creation of a more resilient energy infrastructure that supports a decarbonized society. Both companies are committed to leveraging their collective expertise to set a new standard in the energy management landscape.