Moixa and Itochu deploy smart residential energy storage systems in Japan

March 31, 2021 | Case Study

In 2018, Itochu invested in and partnered with Moixa to deploy residential energy storage systems in Japan. The Japanese trading company claimed it was deploying around 1,000 units monthly. By the end of 2019, Moixa reached the milestone of 10,000 residential batteries under management in Japan, translating into an aggregated battery capacity of around 100 MWh. By mid-2020, Itochu poured additional capital into Moixa, and the partners announced they had reached 20,000 aggregated residential batteries – doubling the number of installations in just six months.

About Lux Research

Lux Research is a leading provider of tech-enabled research and advisory solutions, helping clients drive growth through technology innovation. A pioneer in the research industry, Lux uniquely combines technical expertise and business insights with a proprietary intelligence platform, using advanced analytics and data science to surface true leading indicators. With quality data derived from primary research, fact-based analysis, and opinions that challenge traditional thinking, Lux clients are empowered to make more informed decisions today to ensure future success.

Already a Lux Client?

Sign In

Interested in Learning More?

Contact us to learn the benefits of becoming a Lux member.

Or call us now

For North America (Boston Headquarters)
+1 (617) 502-5300

For EMEA (Amsterdam)
+31 20 280 7900

For APAC (Singapore)
+65 6592-6978