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.

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.
2 February 2027
London, UK
Returning in 2027 for its 14th edition, Solar & Storage Finance Europe will bring together the brightest minds representing funds, banks, developers, utilities, government and industry across Europe and the UK on a programme that is solutions-focused from top to tail. The event is designed to enable leaders at the forefront of solar and storage investment and deployment in Europe to scale, learn and land themselves industry defining partnerships.

Read Next

September 17, 2026
Spain has announced plans to create a capacity market for the national electricity system in order to secure 'security of supply'.
September 17, 2026
Caelux has signed a five-year agreement with GREW Solar to commercialise 4GW of hybrid-tandem solar modules.
September 17, 2026
SEIA and CCSA will combine to form a single trade organisation representing the full breadth of US solar PV deployments.
September 17, 2026
SEG Solar has started commercial-scale production of heterojunction (HJT) modules at its second US manufacturing facility in Tomball, Texas.
September 16, 2026
Over 90% of solar industry professionals report a growing project deployment pipeline in 2026, but new projects that are abandoned before completion now account for almost half of all project pipelines.
September 16, 2026
Thin-film cadmium telluride (CdTe) solar module manufacturer First Solar has adjusted its enforcement of tunnel oxide passivated contact (TOPCon) intellectual property (IP) strategy.

Upcoming Events

Solar Media Events
October 13, 2026
San Francisco Bay Area, USA
Solar Media Events
November 3, 2026
Málaga, Spain
Solar Media Events
November 24, 2026
Warsaw, Poland
Solar Media Events
February 2, 2027
London, UK
Solar Media Events
April 20, 2027
Istanbul, Türkiye