TESS Japan
Engineering and O&M for energy saving solutions.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | N/A | - | |
| Total Funding | 000k | ||
TESS Engineering Co., Ltd. is a Japanese engineering company focused on energy conservation, environmental preservation, and operational cost reduction. The company's name, TESS, stands for Total Energy Saving & Solution, reflecting its core mission. Established in May 1979 as Hanwa Nessui Ind. Co., Ltd., it was renamed TESS Engineering Co., Ltd. in January 1992. The company operates under its parent, TESS Holdings Co., Ltd., which listed on the Tokyo Stock Exchange Prime Market in April 2021.
The business operates through two primary segments: an engineering segment and an energy supply segment. The engineering division functions on a flow business model, centering on Engineering, Procurement, and Construction (EPC) for renewable energy facilities like solar and biomass power plants, cogeneration systems, and LNG satellite systems. The energy supply segment is a stock business model focused on renewable energy power generation, operations and maintenance (O&M), and electricity retailing. A key service is its 24-hour remote monitoring system, which provides preventative maintenance and real-time data analysis for client facilities, such as industrial boiler systems.
TESS Engineering serves industrial and commercial clients by designing and installing utility systems that improve energy efficiency. This includes installing solar arrays on factory rooftops through On-site Power Purchase Agreements (PPAs), converting facilities to cleaner fuels, and developing large-scale battery energy storage system (BESS) projects. The company has recently formed strategic partnerships, including one with Daiwa Energy & Infrastructure to develop 2GWh of grid-scale BESS projects and a capital alliance with Tokyo Century to bolster its BESS development capabilities.
Keywords: energy conservation, renewable energy, EPC, solar power, biomass, cogeneration, operations and maintenance, energy management, battery storage solutions, electricity retailing, remote monitoring, power purchase agreement, LNG satellite systems, sustainable infrastructure, energy efficiency, utility systems, industrial engineering, environmental preservation, decarbonization, grid-scale BESS