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Tess Holdings surges on order for grid-scale battery storage facility from Digital Grid Asset Management
TESS HOLDINGS CO., LTD. <5074> shares surged sharply after the company announced that its subsidiary, TESS Engineering, received an order for a grid-scale battery storage facility from Digital Grid Asset Management, a unit of DIGITAL GRID <350A>. The news immediately prompted strong buying interest. The project entails the installation of a grid-scale battery system in Izumo City, Shimane Prefecture, with the Digital Grid unit serving as the operator. Tess Holdings noted that it has fully internalized its grid-scale battery storage operations, handling everything from site development and financing studies to design, procurement, construction, maintenance, and operational aggregation.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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