OB:EQNROil and Gas
Latest News In Energy Transition - Kingdom Launches Major Battery Project in Japan's Energy Shift
Kingdom, backed by investment firm Stonepeak, has taken a significant step in advancing energy transition efforts in Japan by executing its first project financing facility for a 29MW battery energy storage project in Mimasaka, Japan. This marks a milestone for Kingdom, which manages nine battery energy storage system (BESS) projects in Japan, all having secured long-term revenue contracts through Japan's Long-term Decarbonization Auction. The Mimasaka project, incorporating technology from...