Gridshare In Eguana ProductsFurthermore, in 2020, we will participate in investment in Eguana Technologies Inc. of Canada.However, it is accelerating the development of power storage systems in North America, Australia, and Europe. Eguana, which is listed on the Toronto Stock Venture Exchange (abbreviated as "TSXV"), sells its proprietary power storage system mainly in the North American, Australian and European markets . ITOCHU and Eguana have been in a strategic alliance since 2015 and have been conducting joint marketing until now, but have a capital relationship with the aim of developing business in the North American, Australian and European markets where the storage battery market is expected to grow in the future. Agreed to build. Through this strengthening of the relationship with Eguana, ITOCHU will promote business collaboration with the following investees. (1) Development of residential power storage system business with "Sunnova Energy Corporation", a major US residential solar power generation company (2) AI software "Moixa Energy Holdings Ltd." (hereinafter "Moixa") developed in the United Kingdom Installation of "GridShare" in Eguana products (3) Technical exchange in the power storage system manufacturing business with "NF Blossom Technologies Co., Ltd." By organically linking these collaborations, we will promote the creation of new businesses such as expanding sales of power storage systems in the US, Australia and European markets and developing a virtual power plant business by controlling a group of power storage systems using the GridShare platform