JALCO Holdings will enter the grid-scale battery storage market through the acquisition of a 2MW/8.1MWh project in Narita City, Chiba Prefecture, from Taoke Energy, the company announced on December 5, 2025.
According to the statement, the companies signed an engineering, procurement, and construction (EPC) and acquisition agreement on the same day. The facility, which will use Contemporary Amperex Technology (CATL) battery systems, is expected to be transferred to JALCO in April 2026 and commissioned in September 2026. Once operational, Taoke Energy will aggregate the asset and remain in charge of its operations and maintenance (O&M).
The TSE Standard-listed company said it will consider expanding its grid-scale battery storage business nationwide with Taoke Energy’s support. It did not disclose the Narita project’s acquisition cost but noted that it currently plans to invest about 1.5 billion yen across multiple facilities. With high-voltage BESS assets often selling for approximately 700 to 800 million yen, the company appears to have at least one additional project in its near-term pipeline.
JALCO focuses on pachinko parlor-related real estate. The company’s entry into grid-scale battery storage marks its first foray into the energy industry, which it wants to build into the second pillar of its business.
