JERA Announces Strategic Investment and Collaboration with TeraWatt Technology to Advance Next-Generation Battery Manufacturing2026/04/08

JERA Co., Inc. (JERA) today announced that on March 16, through its  corporate venture capital arm JERA Ventures, it has invested approximately USD 10 million in TeraWatt Technology, Inc. (TeraWatt Technology), a California-based startup focused on innovative battery cell manufacturing. It has also entered into a memorandum of understanding with TeraWatt Technology’s Japanese subsidiary on April 7 to explore potential collaboration across the battery storage value chain, particularly in battery manufacturing in Japan. 

TeraWatt Technology pioneers innovative battery production for lightweight, high-power, and safe next-generation lithium-ion batteries. Guided by its mission of "Electrifying all for the sustainable future," TeraWatt Technology is developing advanced battery cell and manufacturing technologies designed to enable for mass production of next-generation batteries 

Through the MOU, the two companies will explore collaboration on the stable supply of domestically produced battery storage systems in Japan, initiatives across the value chain, and the supply of cleaner electricity to support TeraWatt Technology’s manufacturing operations, with the aim of creating and expanding new business opportunities in the battery storage sector.

Demand for battery storage is expected to grow as it plays a critical role in providing the system flexibility needed to support the continued expansion of renewable energy in the transition toward carbon neutrality. With the investment, JERA aims to build on TeraWatt Technology’s strong relationships with key players across the battery value chain, from upstream raw materials and components to downstream system integrators, developers, and recyclers, in connection with its battery cell manufacturing and sales activities.

With the mission of providing cutting-edge solutions to the world’s energy issues, JERA remains committed to delivering stable, secure and cleaner energy. By combining renewable energy with low-carbon thermal power, JERA aims to support a balanced and pragmatic energy transition while contributing to sustainable economic development. Through JERA Ventures, JERA will leverage its expertise and scale across the energy value chain to create value, foster innovation, and collaborate with startups to accelerate the development of next-generation energy solutions.
 

■ Battery cell manufacturing facility of TeraWatt Technology

About JERA
JERA is a global energy leader and Japan’s largest power generation company focused on providing cutting-edge solutions to the world's energy issues. Established in 2015, the Company produces one-third of Japan’s electricity, and is one of the largest LNG buyers in the world. JERA has global reach and strength throughout the energy supply chain, including participation in upstream gas exploration and production, LNG projects, fuel procurement and transportation, and power generation globally. 
In support of a responsible energy transition, JERA aims to achieve net-zero CO₂ emissions from its domestic and overseas businesses by 2050. 
For more details: https://www.jera.co.jp/english

About JERA Ventures

JERA Ventures is the corporate venture capital arm of the JERA Group, with a strategic investment capacity of USD 300 million.
In addition to investing in startups with cutting-edge technologies and innovative business concepts, JERA Ventures actively collaborates with a broad range of stakeholders across industry, government, and academia that form the startup ecosystem. Through these activities, JERA Ventures aims to drive open innovation in the energy sector

About TeraWatt Technology