Japanese company ORIX Corporation has unveiled its plans to construct the Maibara-Koto energy storage plant in Maibara city, Shiga prefecture, Japan. The facility, with a rated output of 134MW and a capacity of 548MWh, is expected to be one of the largest energy storage facilities in the country upon completion in 2027. The project, procured through a competitive decarbonisation energy auction, is designed to provide sufficient energy to power around 48,000 households daily. The plant will be built on a 26,000m² leased area provided by Maibara City. ORIX intends to install 140 containers of lithium-ion storage batteries on the site. This initiative aligns with Japan's strategy to promote renewable energy and attain carbon neutrality by 2050. ORIX, having entered the energy storage plant business recently, is actively working on expanding its footprint in Japan's renewable energy sector. The company collaborates with various partners to leverage public and private lands for similar projects. Additionally, ORIX recently started operations at the Minami-Kayabe geothermal power plant in Hokkaido Prefecture, showcasing its commitment to sustainable energy practices.