Accelerating the Global Deployment of Energy Storage Solutions via Battery Securitization Financing Program
noco-noco Inc. (Nasdaq: NCNC) has signed MOUs to accelerate the deployment of energy storage solutions globally. The company's subsidiary, noco-noco Pte , has acquired a non-exclusive license for battery securitization systems and IP from 3DOM Alliance and Tesnology. This move aims to establish battery infrastructure across Asia Pacific, with an initial focus on Japan's growing BESS market.
The company also partnered with B2G Energies to collaborate on renewable energy projects and energy storage systems across Asia Pacific (excluding Japan). These strategic moves align with Japan's goal to increase renewables in its electricity mix to 36-38% by 2030 and achieve carbon neutrality by 2050, presenting significant opportunities in the BESS market.
noco-noco Inc. (Nasdaq: NCNC) ha firmato memorandum d'intesa per accelerare il dispiegamento di soluzioni di stoccaggio energetico a livello globale. La filiale dell'azienda, noco-noco Pte, ha acquisito una licenza non esclusiva per sistemi di cartolarizzazione delle batterie e IP da 3DOM Alliance e Tesnology. Questa mossa mira a stabilire un'infrastruttura per batterie nell'Asia Pacifico, con un focus iniziale sul crescente mercato BESS in Giappone.
L'azienda ha anche collaborato con B2G Energies per lavorare insieme su progetti di energia rinnovabile e sistemi di stoccaggio energetico nell'Asia Pacifico (escluso il Giappone). Queste mosse strategiche si allineano con l'obiettivo del Giappone di aumentare le rinnovabili nel suo mix energetico al 36-38% entro il 2030 e di raggiungere la neutralità carbonica entro il 2050, presentando significative opportunità nel mercato BESS.
noco-noco Inc. (Nasdaq: NCNC) ha firmado memorandos de entendimiento para acelerar el despliegue de soluciones de almacenamiento de energía a nivel global. La filial de la empresa, noco-noco Pte, ha adquirido una licencia no exclusiva para sistemas de titulización de baterías e IP de 3DOM Alliance y Tesnology. Este movimiento tiene como objetivo establecer una infraestructura de baterías en Asia-Pacífico, con un enfoque inicial en el creciente mercado BESS de Japón.
La empresa también se ha asociado con B2G Energies para colaborar en proyectos de energía renovable y sistemas de almacenamiento de energía en Asia-Pacífico (excluyendo Japón). Estos movimientos estratégicos se alinean con el objetivo de Japón de aumentar las energías renovables en su mezcla eléctrica al 36-38% para 2030 y alcanzar la neutralidad de carbono para 2050, presentando oportunidades significativas en el mercado BESS.
noco-noco Inc. (Nasdaq: NCNC)는 글로벌 에너지 저장 솔루션의 배치를 가속화하기 위해 양해각서를 체결했습니다. 회사의 자회사인 noco-noco Pte는 3DOM Alliance 및 Tesnology로부터 배터리 유동화 시스템 및 IP에 대한 비독점 라이센스를 취득했습니다. 이 움직임은 아시아 태평양 지역에서 배터리 인프라를 구축하는 것을 목표로 하며, 초기에는 일본의 성장하는 BESS 시장에 초점을 맞추고 있습니다.
회사는 또한 B2G Energies와 파트너십을 맺어 일본을 제외한 아시아 태평양 전역에서 재생 가능 에너지 프로젝트 및 에너지 저장 시스템에 대해 협력합니다. 이러한 전략적 움직임은 일본이 2030년까지 전기 믹스에서 재생 가능 에너지를 36-38%로 증가시키고 2050년까지 탄소 중립성을 달성하려는 목표와 일치하며, BESS 시장에서 중요한 기회를 제공합니다.
noco-noco Inc. (Nasdaq: NCNC) a signé des protocoles d'accord pour accélérer le déploiement de solutions de stockage d'énergie à l'échelle mondiale. La filiale de l'entreprise, noco-noco Pte, a acquis une licence non-exclusive pour les systèmes de titrisation des batteries et la propriété intellectuelle de 3DOM Alliance et Tesnology. Ce mouvement vise à établir une infrastructure de batteries dans la région Asie-Pacifique, en se concentrant initialement sur le marché BESS en pleine croissance du Japon.
L'entreprise a également établi un partenariat avec B2G Energies pour collaborer sur des projets d'énergie renouvelable et des systèmes de stockage d'énergie dans la région Asie-Pacifique (hors Japon). Ces mouvements stratégiques s'alignent sur l'objectif du Japon d'augmenter les énergies renouvelables dans son mix électrique à 36-38 % d'ici 2030 et d'atteindre la neutralité carbone d'ici 2050, offrant des opportunités significatives sur le marché BESS.
noco-noco Inc. (Nasdaq: NCNC) hat Absichtserklärungen unterzeichnet, um die Einführung von Energiespeicherlösungen weltweit zu beschleunigen. Die Tochtergesellschaft des Unternehmens, noco-noco Pte, hat eine nicht-exklusive Lizenz für Batterietitulierungssysteme und IP von 3DOM Alliance und Tesnology erworben. Dieser Schritt zielt darauf ab, eine Batterieninfrastruktur im asiatisch-pazifischen Raum aufzubauen, wobei der Schwerpunkt zunächst auf dem wachsenden BESS-Markt in Japan liegt.
Das Unternehmen hat sich auch mit B2G Energies zusammengetan, um in Projekten für erneuerbare Energien und Energiespeichersysteme im asiatisch-pazifischen Raum (außer Japan) zusammenzuarbeiten. Diese strategischen Schritte unterstützen Japans Ziel, den Anteil erneuerbarer Energien im Strommix bis 2030 auf 36-38% zu erhöhen und bis 2050 Kohlenstoffneutralität zu erreichen, was signifikante Chancen im BESS-Markt bietet.
- Acquisition of non-exclusive license for battery securitization systems and IP, potentially enhancing NCNC's market position
- Partnership with B2G Energies for renewable energy projects and energy storage systems deployment across Asia Pacific
- Alignment with Japan's renewable energy goals, potentially driving demand for NCNC's products and services
- Potential revenue arbitrage opportunities against fossil fuels in Japan's power generation sector
- Non-exclusive nature of the license may limit competitive advantage
- Early stage of BESS market in Japan could present challenges in market penetration
- Dependence on successful integration of acquired technologies and partnerships for market growth
Insights
This MOU represents a strategic move for noco-noco (NCNC) to expand its presence in the rapidly growing BESS market. The agreement to acquire non-exclusive licenses for battery securitization systems and IP could potentially unlock new revenue streams and enhance NCNC's competitive position. However, the financial impact remains uncertain without specific details on licensing costs or revenue projections.
The collaboration with B2G Energies for BESS deployment across Asia Pacific (excluding Japan) further diversifies NCNC's market reach. While this presents growth opportunities, investors should be cautious as execution risks and capital requirements for large-scale projects could impact profitability in the short term. The long-term potential looks promising, given the projected
The MOU signifies a strategic alignment with Japan's ambitious renewable energy goals, targeting
The expansion into Asia Pacific markets through the B2G Energies partnership is timely and strategic, given the region's growing renewable energy sector. However, success will depend on factors such as regulatory environments, grid infrastructure readiness and competition from established players. Investors should monitor NCNC's ability to execute these ambitious plans and secure significant market share in this competitive landscape.
The acquisition of battery securitization IP represents a significant technological edge for NCNC. By integrating this with their proprietary X-SEPA™ separator technology, NCNC is positioning itself as an end-to-end solution provider in the BESS market. This vertical integration strategy could lead to improved margins and competitive differentiation.
The focus on stationary batteries for grid storage aligns well with the increasing demand for stable power sources in renewable-heavy grids. NCNC's approach to monetize energy storage assets throughout their lifecycle - from production to recycling - demonstrates a forward-thinking, circular economy approach. This could appeal to environmentally conscious investors and partners. However, the success of this strategy hinges on NCNC's ability to effectively commercialize these technologies and scale operations to meet market demand.
SINGAPORE and TOKYO, Aug. 19, 2024 (GLOBE NEWSWIRE) -- noco-noco Pte Ltd (“noco-noco”), a wholly owned subsidiary of Nasdaq-listed noco-noco Inc. (Nasdaq: NCNC), has signed a Memorandum of Understanding (MOU) with Japan headquartered 3DOM Alliance Inc. (hereinafter "3DOM") and Tesnology Inc. (hereinafter "Tesnology") to acquire a non-exclusive license for battery securitization systems and intellectual property (IP) developed by 3DOM and Tesnology. This agreement is a significant milestone in noco-noco’s efforts to establish battery as a societal infrastructure across Asia Pacific.
Japan is an island country with relatively little interconnection to neighboring countries. This means it needs to balance and manage power volatility within its own grid networks, and battery energy storage is a key technology to enable this through the storing of electricity during periods of low demand and tapping the stored energy during peak periods to shave peak loads. Japan's commitment to renewable energy and carbon neutrality has set the stage for the rapid development of the battery energy storage system (BESS) market in Japan. Underpinning this growth is the result of the Japan government goal to increase the share of renewables in the electricity generation mix to
3DOM and Tesnology possess the intellectual property (IP) relating to securitization and security trading of batteries in Japan and are currently developing specialized system platforms to monetize the energy storage assets throughout their lifetime; from production, asset securitization, commercialization all the way through to decommissioning and recycling. This new innovative “green financing model” is expected to significantly boost the growth of battery energy storage system (BESS) assets in Japan which remain at a relatively early stage currently and is geared to meet the country's requirement of approximately 10GW of energy storage capacity by 2030.
noco-noco has been developing battery-related technologies, including the X-SEPA™ separator, with the aim of making high-performance batteries accessible as a social infrastructure that everyone can easily use. To realize this vision, a large number of long-life, environmentally friendly batteries must be introduced to the market. By integrating noco-noco’s battery that it develops with the technology and IPs on BESS securitization developed by 3DOM and Tesnology, the Company plans to create synergies that will drive rapid BESS market deployment across Asia Pacific. The initial target market will focus on establishing stationary batteries, where the demand/supply adjustment function of grid storage batteries is required to cope with the increasing number of unstable power sources within Japan.
Additionally, the Company also announced the signing of Memorandum of Understanding (MOU) with Singapore Headquartered B2G Energies Pte Ltd, to collaborate on the deployment, construction, and implementation of renewable energy projects including energy storage systems across Asia Pacific (excluding Japan). B2G Energies is a leading renewable energy company in Singapore, specializing in Energy Storage Systems and Energy System Integration, dedicated to delivering sustainable and innovative solutions that reduce carbon emissions, being at the forefront of the transition to clean and green energy sources.
"We look forward to bringing this battery securitization technology to Asia Pacific, alongside with our partners at B2G Energies, to deploy the energy storage capacity needed to accelerate the region’s clean energy transition to a low-carbon and sustainable future,” commented Masataka Matsumura, CEO & Director noco-noco Inc.
Garry Tay, CEO & Director of B2G Energies, added, “We are excited to collaborate with noco-noco on this journey of transformational energy transition. There is great potential for deploying battery energy storage systems in Asia Pacific as we expect variable renewable generation to increase over
About noco-noco:
noco-noco Inc. (Nasdaq NCNC) is a technology solutions provider working to accelerate the global transformation to a decarbonized economy. Building its business on X-SEPA™ — the revolutionary battery separator technology developed in Japan and designed for long-lasting and high heat-resistant performance— noco-noco addresses the need for clean, affordable, and sustainable energy storage solutions.
Read more about noco-noco:
https://noco-noco.com/
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FAQ
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