In an effort to expand and diversify its business, 4Cs Holdings entered the grid-scale energy storage business, the company mainly active in the cosmetics industry but also in solar development announced on February 14, 2025.
According to the statement, its consolidated subsidiary Fantastic Four No. 1 will acquire projects with land and grid connection secured with the aim of developing them further and signing contracts with aggregators. The company is aiming to develop 24 projects per year, 2MW/8MWh in scale each, across all nine mainland Japan TSO areas.
As the first step in its entry into the market, 4C Holdings’ board approved the acquisition of a 2MW/8MWh project with grid connection rights secured in Kyushu from Oakmont. No further details about the project were disclosed.
“In the future, if Fantastic Four builds power storage facilities, expenditures will be incurred, but this has not yet been determined,” said the company when announcing its entry BESS. Announcing the Kyushu project acquisition, however, it said, “In the future, … we will enter into a contract with an aggregator … However, there is a possibility that we will sell the connection rights depending on our financial situation.”
4Cs Holdings entered the renewable energy business in mid-2024. In October of that year, it acquired approximately 9MWDC worth of projects with land secured. Currently, 4Cs Holdings and Fantastic Four No. 1 have a 26MWDC pipeline of 170 low and high-voltage non-FIT projects that they plan to sell to other developers later on.
