“PowerX is committed to expediting the transition to renewable energy through a comprehensive approach that includes utility-scale battery storage, AI software for grid optimization, ultrafast EV charging, and an innovative way of transporting renewable energy - the Power Transfer Vessel. We are delighted to have the JAL Innovation Fund as an investor to help us expand our operations both domestically and globally.”

“PowerX manufactures batteries at its own facilities in Japan and engages in various businesses such as battery sales, EV charging, and offshore power grids (electric power transportation). For our group, which promotes ESG strategies, the use of renewable energy is a critically important solution, and we are considering its implementation in locations such as airports.”