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Naoaki Eguchi

Naoaki Eguchi is a partner of the Banking & Finance Group and a co-head of the Firm's Renewable and Clean Energy Group in Tokyo. He has been recognized for his work on Goldman Sachs' TOB of Universal Studios Japan, which was named the Debt Market Deal of the Year at the 2010 ALB Law Awards and on Fukushima Soma LNG power project finance of 1180 MW with USD 1.2 billon, which was named the Projects, Energy and Infrastructure Deal of the Year at the 2018 ALB Law Award. Naoaki has advised many foreign companies investing in Japan, especially renewable companies these days.

As the development of new technologies and the introduction of new systems and policies aimed at achieving a carbon-neutral society is progressing around the world, Japan has also introduced policies to encourage innovation of private businesses in hydrogen and other technologies with the potential of decarbonizing society.

As the penetration of renewable energy increases, maintaining grid reliability becomes ever more challenging and costly. This Baker McKenzie report highlights key opportunities and challenges for the energy storage sector both from a global perspective and from the perspective of several key jurisdictions, and the significance of its role in enabling the energy transition.