RETRY and PowerX Form Strategic Partnership in Energy Solutions

RETRY and PowerX Join Forces for Energy Innovations

In a significant advancement in the energy sector, RETRY, Inc., headquartered in Chuo-ku, Tokyo, and PowerX, Inc., based in Tamano City, Okayama, have officially signed a partnership agreement focused on battery sales and retail electricity distribution. This collaboration aims to leverage our combined expertise to enhance energy solutions across Japan.

Background of the Partnership

RETRY, led by CEO Yoshimichi Morishita, has been actively involved in land development for energy storage sites. Alongside them, PowerX, under the leadership of CEO Masahiro Ito, has established itself as a reputable domestic battery manufacturer, taking charge of equipment production and operational maintenance.

Both companies have already initiated a joint development partnership for grid-connected battery storage facilities. They have successfully deployed several locations under collaborative contracts and are working on establishing more sites nationwide, including ongoing projects.

Entering the Retail Electricity Market

PowerX's entry into the retail electricity market utilizes the developed battery storage facilities effectively. This strategic move allows them to supply electricity to high-demand consumers (both special high-voltage and high-voltage customers) across the country. By charging fluctuating electricity into their proprietary battery storage before distribution, PowerX is able to stabilize and lower electricity rates significantly. Additionally, customers can opt for electricity sourced from renewable energy, providing an eco-friendly alternative. There is also an option to purchase domestic batteries produced by PowerX.

Enhanced Collaboration for Sales and Support

The recent partnership extends beyond just battery development and retail electricity, as it encompasses the sales and distribution of both batteries and electricity. RETRY and PowerX will work collaboratively on product introductions, customer service, and contract management, drawing from RETRY's accumulated experience and relationships developed through years of consultation work with regional stakeholders in land development for battery and renewable energy projects.

Commitment to Responsible Energy Solutions

By comprehensively addressing all aspects of battery storage development and electricity utilization, both RETRY and PowerX are committed to strengthening their collaboration, conducting responsible business practices, and contributing to the stabilization of regional electricity supply. This partnership represents a forward-thinking initiative aimed at providing innovative energy solutions that support sustainable growth and the increasing reliance on renewable energy.

As both companies move forward, they envision a future where energy needs are met sustainably, responsibly, and efficiently, creating a positive impact on both customers and communities.

Contact Information

For further inquiries, please reach out to:
RETRY, Inc.

- Location: 6F SIL Ningyocho, 2-6-7 Ningyocho, Chuo-ku, Tokyo, Japan
- Phone: +81 3-6275-1747
- Email: [email protected]
- URL: https://re-try.net

PowerX, Inc.

- Location: 43F Midtown Tower, 9-7-1 Akasaka, Minato-ku, Tokyo, Japan / 6-9-1 Tai, Tamano City, Okayama, Japan
- Phone: +81 insert phone number]
- Email: [insert email]
- URL: [https://power-x.jp

Together, RETRY and PowerX are making strides towards a more sustainable and innovative energy future.