Tesla to take Japan virtual power plant business nationwide

TOKYO — Tesla will expand its virtual power plant business in Japan nationwide, providing free storage batteries to companies and remotely managing them to help balance energy supply and demand, Nikkei has learned.

Tesla started a virtual power plant (VPP) in Miyakojima city, Okinawa prefecture, in 2021. It will expand the business in collaboration with leasing company Fuyo General Lease and Fukuoka-based energy company Global Engineering, in which Fuyo has invested.