Key facts
- Taiwanese and South Korean battery suppliers are targeting Japan's grid-scale energy storage market.
- Chinese rivals face an opening due to a lack of local cybersecurity certification.
- Taiwan's Cold Electric plans a ninefold increase in production capacity for its power storage system.
Taiwanese and South Korean battery suppliers are seeking to enter Japan's market for grid-scale energy storage systems. Chinese competitors are finding it difficult to gain traction due to a lack of local cybersecurity certification, creating an opportunity for other international firms. Taiwan's Cold Electric, a battery supplier, is planning to increase its production capacity for its power storage system by ninefold.