Australian Financial Review reports on moves from JERA:
- Solar battery farm developer Lyon Group is joining forces with JERA - a joint venture of the giant Japanese power utilities Tokyo Electric Power and Chubu Electric Power - and Siemens and AES Company's Fluence partnership in a blockbuster alliance that aims to step up the rollout of grid batteries in the Asia Pacific.
- The alliance will look at rolling out batteries across JERA's 74 gigawatts of generation - mostly in Japan and increasingly in the Asia Pacific - wherever the partners think they can improve the efficiency with which the power giant uses its existing thermal and renewable generation plants.
AUD/JPY getting smashed - dunno if its on this … correlation only at this stage !
