
NEW YORK & TOKYO – April 29, 2025 – The energy storage platform jointly established by Stonepeak and CHC (the “Platform”) today announced that it has secured 20-year fixed revenue capacity market contracts for five battery energy storage system (“BESS”) projects totaling 348MW of gross capacity in the latest round of Japan’s Long-term Decarbonization Auction (the “Auction”). [pdf]

Active distribution network hybrid collaborative energy storage configuration refers to the combination of different types of energy storage technologies (such as battery energy storage, supercapacitors, compressed air energy storage, etc.) with traditional power distribution network systems, achieving flexible scheduling and optimized operation of the power grid through intelligent control and collaborative management (Du et al., 2023). [pdf]
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