TOKYO : Japan’s Mitsui OSK Lines 9104.T, Toho Gas 9533.T and Hokuriku Electric Power 9505.T will buy a stake of 25% in Formosa International Investment from Australia’s Macquarie Group MQG.AX to enter Taiwan’s offshore wind power business. The Japanese firms said the deal takes them into the overseas offshore wind power market, with the aim […]
Carbon-Heavy Japanese Utilities Sell Their First Green Bonds – EQ Mag Pro
One of Japan’s biggest industrial carbon emitting sectors is selling more bonds to fund green projects as utilities aim to increase renewable energy sources to meet the nation’s climate goals. Hokkaido Electric Power Co. and Hokuriku Electric Power Co. are scheduled to sell their first green bonds in coming weeks, joining a gradually increasing list […]
Japan’s hydrogen power play – EQ Mag Pro
In this episode of Green Japan we focus on the power of hydrogen – an alternative to fossil fuels that is drawing interest and investment from around the world. In the city of Kobe, hydrogen produces heat and electricity for a hospital, sports centre and trains – part of Japan’s transition to a so-called ‘hydrogen […]
Japan’s Eneos Takes Part in 121-MW Solar Project in Hyogo
Japanese oil company Eneos Corp, a unit of Eneos Holdings Inc (TYO:5020), announced this week it will invest in a 121-MW solar photovoltaic (PV) project in Hyogo prefecture. Eneos said it will invest independently in the operating company that controls the solar scheme and will help proceed with the construction of the power plant. It, […]
Japan’s Shizuoka Plans Gas Supply Business in Thailand
Japanese gas supplier Shizuoka Gas will start a natural gas supply business in Thailand next year, as part of efforts to support southeast Asia’s transition to a carbon-neutral society. Shizuoka Gas yesterday signed an agreement with Thailand-based energy company Scan Inter Public (SCN) to acquire a 49pc stake in Thai-Japan Gas Network (TJN) by the […]
Eurus Kicks Off Commercial Operation of 21-MW Wind Farm in S Korea
Japan’s Eurus Energy Group said today it has commenced the commercial operation of a 21-MW wind park in South Korea. The company, which owns a 56.7% interest in the plant, partnered up with Daehan Green Energy Co Ltd and Korea South-East Power Co Ltd to build the facility. The Korean partners hold respective stakes of […]
Japan’s Mitsui, Local Partner Plan 115-MW Philippine Solar Project
Japanese trader Mitsui & Co (TYO:8031) and independent power producer Global Business Power Corp will jointly develop a 115-MW solar project in the Philippines. The JPY-7-billion (USD 64m/EUR 53m) solar project is Mitsui’s first in Southeast Asia and the Japanese trading house will cover 40% of the total cost, says a report by Nikkei Asia. […]
Japan’s Idemitsu Kosan Completes 58-MW Solar Plant in Okayama
Japanese petroleum company Idemitsu Kosan Co Ltd (TYO:5019), through its subsidiary RS Renewables Co Ltd, put on stream in early April a 58-MW photovoltaic (PV) park in Okayama prefecture. The SF Akaiwa Solar Power Plant uses copper indium diselenide (CIS) thin-film solar modules by Idemitsu unit Solar Frontier Co Ltd. The latter is also in […]
Japan’s Lixil to build 5-MW solar plant on roof of Thai factory
Tokyo-based manufacturer of building materials and housing equipment Lixil Corp (TYO:5938), announced last week it will install a 5-MW solar plant on the roof of an aluminium factory in Thailand. The photovoltaic (PV) power facility is expected to come into operation in October of this year. The solar array will be deployed on top of […]
Japan’s Toshiba confirms $20-billion takeover bid from British fund
Toshiba is one of Japan’s oldest and largest firms whose business empire stretches from home electronics to nuclear power stations Japanese conglomerate Toshiba has received a buyout offer from a British private equity fund in a deal that could be worth about $20 billion (14.5 billion euros). The scandal-hit firm’s shares were temporarily halted on […]