On September 14, 2020, Kyuden International (Headquarters: Fukuoka Prefecture), a subsidiary of Kyushu Electric Power (Kyuden, Headquarters: Fukuoka City, Fukuoka Prefecture), announced that it has invested in New York-based microgrid provider Enernet Global and signed a strategic partnership agreement with the vendor to build a local electricity supply network that utilizes renewable energy.
Launched in 2015[1], Enernet Global develops, finances, builds, and operates microgrids and Distributed Energy Resources (DER) projects for customers that operate diesel-fuel generators. The company uses its proprietary software platform to rapidly design the optimal equipment configuration and operations for its customers by combining a wide variety of DER, such as renewable energy generation and battery storage. Enernet Global is currently operating in Asia, Oceania, the Caribbean, and Australia.
Investing in Enernet Global is part of Kyuden’s strategy to transition from its diesel power generation by promoting renewable energy businesses. Based on the Kyuden Group Management Vision 2030, Kyuden will continue to reduce its carbon footprint to achieve a sustainable society.[2] [3]
[1] http://www.enernetglobal.com/company/
[2] http://www.kyuden.co.jp/press_h200914-1.html
[3] https://www.kyuden.co.jp/english_company_news_2020_h200914-1.html