(Reuters) -Tesla will expand its virtual power plant business in Japan by providing free storage batteries to companies and remotely managing them to help balance energy supply and demand, Nikkei reported on Friday. The electric vehicle maker will expand the business in collaboration with leasing firm Fuyo General Lease and energy company Global Engineering, the […]
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Tesla to take Japan virtual power plant business nationwide, Nikkei reports
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(Reuters) -Tesla will expand its virtual power plant business in Japan by providing free storage batteries to companies and remotely managing them to help balance energy supply and demand, Nikkei reported on Friday.
The electric vehicle maker will expand the business in collaboration with leasing firm Fuyo General Lease and energy company Global Engineering, the Japanese media outlet said.
(Reporting by Kumar Tanishk in Bengaluru; Editing by Alan Barona)