#Aichi Prefecture #Japan #Energy Storage #Chiyoda, Tokyo #AD Works Group

AD Works Group Expands Storage Facilities in Aichi

The AD Works Group (ADWG), headquartered in Chiyoda, Tokyo, has made significant strides in its energy storage initiatives with the recent acquisition of land for its ninth storage facility in Higashiura, Aichi Prefecture. This move aligns with the company’s strategy to enhance its energy infrastructure capability, targeting a total of ten sites to be secured by 2026.

Overview of the New Development

The newly acquired site, designated as the "ADW Aichi Higashiura Energy Storage Facility," is expected to have the following specifications:

• - Location: Higashiura, Aichi Prefecture
• - Output/Capacity: Approximately 2 MW / 8 MWh
• - Start of Operations: February 2028 (tentative, subject to various factors such as construction progress and connection procedures)

With this development, ADW has successfully secured land for nine storage facilities, including existing operational sites. The operational performance of the already established storage facilities has shown promising results, solidifying the business's viability and furthering the company's growth potential through early acquisition of future projects.

Importance of Energy Storage

Energy storage systems hold increasing significance in the face of fluctuating energy demands, particularly as renewable energy sources become more prevalent. The growing electricity demand from sectors such as artificial intelligence and data centers further underscores the necessity for reliable energy infrastructure. As such, the role of energy storage facilities in stabilizing electricity supply and demand is becoming increasingly crucial.

ADWG recognizes this venture as crucial for tackling societal challenges related to energy distribution and aims to align its long-term goals with robust growth expectations, ultimately targeting a pretax profit of 20 billion yen by 2034.

Future Opportunities

The establishment of the ninth energy storage facility marks a critical milestone for ADW in its strategic plan. The company’s ongoing evaluation through operational experiences at existing facilities, particularly the first storage facility in Matsusaka, Mie Prefecture, highlights the successful operational paths taken in electricity trading markets and demand-supply adjustment markets. This expertise is expected to drive the company’s continuous progress in securing new projects.

As ADW moves closer to its goal of ten operational sites, it remains committed to accumulating performance data and insights that will facilitate the evolution of its energy storage business into a viable growth driver for the medium to long term.

For further details about this acquisition, you can view the official announcement here.

About AD Works Group

AD Works Group is a real estate-focused investment solutions company listed on the Tokyo Stock Exchange’s Prime Market. Founded in 1886, it has evolved with the changing times, presently operating from its headquarters in Tokyo, with additional offices in Osaka, Fukuoka, and Los Angeles. ADWG offers a wide range of real estate investment products tailored to meet diverse needs of both individual and corporate clients.

Company Name: AD Works Group
Headquarters: 2-2-3 Hibiyaku International Building, Uchisaiwaicho, Chiyoda, Tokyo
CEO: Hideo Tanaka
Established: February 1886
Stock Code: 2982 (TSE Prime)
URL: www.adwg.co.jp