Business / Corporate Sep 3, 2013

Sumitomo, NGK win energy tender

NGK Insulators Ltd. and a group led by Sumitomo Electric Industries Ltd. have been picked for a project aimed at reducing the cost of storage systems that can help integrate clean energy onto the grid. The government will pay the companies as much as 75 ...

Can a battery jolt economy?

Business Aug 7, 2013

Can a battery jolt economy?

by Chisaki Watanabe

In a windy town in Hokkaido, an experiment is about to begin with a battery designed to transform the way electricity is supplied and at the same time boost Prime Minister Shinzo Abe's economic rescue plan. The Ministry of Economy, Trade and Industry is investing ...