Marubeni eyes distributed generation in Japan and North America with specialist investment

Facebook
Twitter
LinkedIn
Reddit
Email

Japanese conglomerate Marubeni Corporation has invested in US-based company, GridMarket, which is focused on distributed generation projects using battery storage, solar PV, fuel cells, and combined heat and power. 

Marubeni is looking to capitalise on GridMarket's ability to use proprietary analytics and machine learning to identify cost-effective project opportunities and source technologies to build distributed generation systems across its huge network. The Japanese firm has been working solar energy for two decades but is now looking to promote distributed generation systems for its customers by applying GridMarket's services particularly in North America, Japan and island areas.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The move should help to reduce electricity bills for consumers.

This is not the first time that a large conglomerate or traditional power companies has taken an interest in distributed generation opportunities, although many such cases are in developing countries. For example, French energy giant Engie has recently teamed up with Myanmar-focused off-grid energy specialist Mandalay Yoma to help spur rural electrification across the Southeast Asian country with mini-grids combining PV, diesel and battery storage. French power giant EDF also acquired a 50% stake in the Togo-focused unit of off-grid renewable energy specialist BBOXX.

Mining firms worldwide also enjoy the cost benefits of combining solar with diesel.

16 June 2026
Napa, USA
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 16-17 June 2026, will be our fifth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2028 and beyond.
13 October 2026
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 13-14 October 2026 is our fourth PV CellTech conference dedicated to solar manufacturing in the USA. From polysilicon, wafers, ingots, cells and modules, to critical component suppliers including glass and frames, the event connects every stage of the value chain under one roof. PV CellTech USA also brings together investors, innovators, manufacturers and industry stakeholders to collaborate and strengthen domestic solar manufacturing across the United States.

Read Next

May 20, 2026
Canadian energy firm Enbridge will develop a 365MW/1,600MWh solar-plus-storage project in Wyoming, US, as part of an ongoing partnership with tech and data giant Meta.
May 20, 2026
The California Independent System Operator (CAISO) Board of Governors has approved the ISO’s 2025-2026 transmission plan, which accommodates 45 GW of new solar PV.
May 19, 2026
Michigan power utility DTE Energy has issued a tender for 1GW of new solar PV and wind power projects across the state.
May 19, 2026
Inox Clean Energy has completed the acquisition of US solar manufacturer Boviet Solar Technology in a deal valued at around US$750 million.
May 19, 2026
NextEra Energy and Dominion Energy have confirmed that they will combine, forming the largest regulated power utility company in the world.
May 19, 2026
Enel Green Power North America has acquired a 270MW operational solar PV portfolio from an unnamed US utility.

Upcoming Events

Upcoming Webinars
May 27, 2026
9am BST / 10am CEST
Upcoming Webinars
May 27, 2026
9am BST / 10am CEST
Media Partners, Solar Media Events
June 2, 2026
Johannesburg, South Africa
Media Partners, Solar Media Events
June 3, 2026
National Exhibition and Convention Center (Shanghai)
Solar Media Events
June 16, 2026
Napa, USA