#Japan #Tokyo #Energy Storage #BESS #Growship

Growship Launches 'BESS Realized' for Energy Storage Owners

In a significant move to support energy storage owners, Growship Co., Ltd., headquartered in Minato, Tokyo, has unveiled its consulting service, 'BESS Realized.' This tailored service aims to guide companies through the complexities of establishing and operating battery energy storage systems (BESS), ensuring they not only envision their projects but successfully bring them to fruition.

The Need for 'BESS Realized'

As renewable energy adoption accelerates, the demand for stabilizing power grids has surged. The burgeoning battery energy storage market, pivotal for maintaining grid stability, presents numerous challenges for potential owners, including:

• - Lack of expertise in site selection and financial simulations.
• - Complex evaluations of battery system electrochemical properties and intricate vendor contract negotiations.
• - Complicated permissions and licensing processes and difficulties in securing funding.
• - Insufficient know-how regarding power market transactions.

Having supported numerous energy storage owners since the early days of this market, Growship is well-equipped with the necessary expertise and experience. 'BESS Realized' was conceived out of the need for an end-to-end solution, helping owners overcome hurdles and confidently realize their business goals.

Five Phases of Consulting to Ensure Success

Recognizing that the battery energy storage sector is both promising and challenging, requiring deep expertise and understanding of complex systems, Growship has developed a consulting framework based on practical experience gleaned from multiple projects. They guide owners through five key phases:

1. Investment Evaluation: Help select suitable sites, create financial simulations, and conduct risk analyses to devise optimal investment strategies and support management decisions involving financial institutions.
2. Ordering: Facilitate vendor selection focused on battery systems, negotiate contracts, and manage risk throughout the contract finalization process.
3. Application: Assist with grant applications and navigate the intricate licensing processes smoothly.
4. Construction: Ensure high-quality and safe construction management to achieve timely operational launches.
5. Operation: Provide insights into performance reviews and operational strategies to help maintain steady revenue generation.

Growship offers flexibility in their approach, allowing for detailed examinations of specific phases or overall guidelines, and often collaborates with partner companies to deliver timely and tailored solutions for client needs.

Expert Team at Your Service

With a seasoned professional team, 'BESS Realized' promises meticulous support for energy storage owners, ensuring a steady transition into successful business operations.

Fumiko Meguro, Senior Strategist and Head of the BESS Division at Growship, articulated the importance of this service: "The battery energy storage business plays a vital role in stabilizing Japan's power infrastructure. However, many perceive high entry barriers due to the specialization and complexities involved. Leveraging our pioneering knowledge and network, we aim to provide practical and concrete solutions to all challenges our owners face. 'BESS Realized' doesn't just stop at planning; we are committed to achieving business success and generating genuine value. Through this service, we aspire to fully harness the potential of battery energy storage businesses and contribute to building a sustainable society."

About Growship Co., Ltd.

Growship has consistently supported energy storage owners since the inception of the battery storage market, acquiring extensive expertise relevant to the industry. They provide one-stop consulting services covering everything from planning to implementation and operation. Furthermore, they leverage their strengths in fintech, AI, and digital securities to actively develop trading systems in the power sector and form funds for energy storage companies.

Looking ahead, Growship aims to deepen collaborations with various partners to streamline service provision that meets diverse client needs swiftly and reliably.

Website | BESS Service

For inquiries regarding this release:

• - PR Contact: Fukushima
• - TEL: 03-6434-7788
• - MAIL: pr@growship.com