According to METI, at 60MWh the battery bank will be the largest of its kind in the world to be set up at a utility-run substation.

METI plans to drawfrom ¥29.6bn ($298m) in reserve funds left over from the fiscal 2012 budgetto cover the installation costs

Regional utility Hokkaido Electric Power will install the system by the end of the 2014 financial year.

Japan