PowerX Supplies Energy Storage System to Olympia's OLY Power Storage Project
On April 17, PowerX Corporation, headquartered in Minato, Tokyo, initiated the operation of three Mega Power systems at Olympia's newly established OLY Power Storage facility in Ota City, Gunma Prefecture. This collaborative project signifies a crucial advancement in energy storage capabilities and renewable energy integration.
The OLY Power Storage system connects to the power grid, enabling energy storage during periods of surplus and discharging during periods of high demand. This strategy not only stabilizes the power supply but also supports the expansion of renewable energy resources. Notably, the project has received endorsement from Tokyo's fiscal year 2023 initiative to promote the introduction of grid storage batteries, ensuring that during peak power demands, electricity will be supplied in response to requests from Tokyo Electric Power Company.
This is the second location where PowerX has provided its energy storage systems, following their previous installation in Isesaki City, Gunma Prefecture.
Founded on February 14, 1996, Olympia Corporation is dedicated to the development of renewable energy resources. Led by CEO Kazuhiro Nishimura, the company actively participates in innovative energy projects. For more information, visit their website at Olympia.
Established on March 22, 2021, PowerX Corporation focuses on manufacturing and selling large-scale energy storage batteries. They are also involved in developing EV charging station services and shipboard battery systems, as well as offering power supply from renewable energy sources. CEO Masahiro Ito oversees operations from their headquarters located in Akasaka, Tokyo. For further details, visit PowerX.
This significant collaboration between PowerX and Olympia marks a progressive step toward achieving sustainable energy solutions and enhancing grid stability in the face of increasing energy demands.
The OLY Power Storage system connects to the power grid, enabling energy storage during periods of surplus and discharging during periods of high demand. This strategy not only stabilizes the power supply but also supports the expansion of renewable energy resources. Notably, the project has received endorsement from Tokyo's fiscal year 2023 initiative to promote the introduction of grid storage batteries, ensuring that during peak power demands, electricity will be supplied in response to requests from Tokyo Electric Power Company.
This is the second location where PowerX has provided its energy storage systems, following their previous installation in Isesaki City, Gunma Prefecture.
Overview of the OLY Power Storage Facility
- - Facility Name: OLY Power Storage, Midoricho
- - Location: Ota City, Gunma Prefecture
- - System Type: Three Mega Power units manufactured by PowerX, each with a capacity of 2,468 kWh
- - PCS Output: 1,998 kW
- - Total Storage Capacity: 7,404 kWh (equivalent to the daily power consumption of approximately 740 households)
- - Operational Start Date: April 17, 2025
About Olympia Corporation
Founded on February 14, 1996, Olympia Corporation is dedicated to the development of renewable energy resources. Led by CEO Kazuhiro Nishimura, the company actively participates in innovative energy projects. For more information, visit their website at Olympia.
About PowerX Corporation
Established on March 22, 2021, PowerX Corporation focuses on manufacturing and selling large-scale energy storage batteries. They are also involved in developing EV charging station services and shipboard battery systems, as well as offering power supply from renewable energy sources. CEO Masahiro Ito oversees operations from their headquarters located in Akasaka, Tokyo. For further details, visit PowerX.
This significant collaboration between PowerX and Olympia marks a progressive step toward achieving sustainable energy solutions and enhancing grid stability in the face of increasing energy demands.
Topics Energy）
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