GSSG Chikuden, a newly launched utility-scale battery storage company, has secured a $400 million investment from Vision Ridge Partners, a global investor in sustainable infrastructure. The funding will drive the development, construction, and operation of advanced battery energy storage systems (BESS) across Japan’s power grid.

This strategic venture between Vision Ridge and GSSG Solar, LLC aims to fast-track Japan’s clean energy transition. GSSG Solar’s experienced leadership, backed by its prior project success and in-depth market knowledge, will operate the new entity. Together, the firms plan to deploy grid-scale battery storage solutions that support the growing demand for renewable power infrastructure in Japan.

GSSG Chikuden starts operations with an active pipeline of development projects, all of which have secured grid interconnection rights. Moreover, the company plans to expand further by acquiring additional projects aligned with Japan’s clean energy goals.

“As the need for reliable clean power accelerates, launching GSSG Chikuden allows us to meet Japan’s growing demand for grid-scale battery storage,” said Tomakin Archambault, CEO of GSSG Solar. “Vision Ridge’s investment confirms the strength of our strategy, team, and mission.”

Vision Ridge, which first invested in GSSG Solar in 2014, brings deep experience in clean energy asset development. The firm previously backed Key Capture Energy, transforming it into a major player in U.S. battery storage before its acquisition by SK E&S in 2021.

Reuben Munger, Managing Partner at Vision Ridge, commented, “We’re proud to deepen our partnership with GSSG through GSSG Chikuden. Battery storage plays a pivotal role in building a sustainable energy future. With GSSG Chikuden’s local expertise and execution strength, we expect them to deliver meaningful infrastructure to Japan’s evolving power grid.”

By leveraging decades of market experience and a proven investment track record, GSSG Chikuden and Vision Ridge are positioned to strengthen Japan’s battery storage capacity, helping meet energy reliability, sustainability, and scalability goals.

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News Source: Businesswire.com