British energy supplier, Octopus Energy, is looking to ramp up its renewable energy supply mix in Japan. The company entered the Japanese market in late 2020 via a joint venture with Tokyo Gas and has garnered approximately 160,000 customers. The energy supplier currently relies on Tokyo Gas for electricity. About 80% is sourced through liquefied […]
Japan, land of the hybrid car, takes slowly to EVs – EQ Mag
TOKYO : Atsushi Ikeda loves his car so much that he founded a club for Tesla owners, but his embrace of an electric vehicle makes him something of an outlier in Japan. As markets from China to the United States race to put more EVs on their roads, the pedal is nowhere near the metal […]
Japan to raise hydrogen supply sixfold by 2040 to promote renewables – EQ Mag
TOKYO: Japan plans to increase its supply of hydrogen sixfold from the current level to around 12 million tons by 2040 in an effort to spur use of renewable energy, a draft revision to its resource policies showed Tuesday. Prime Minister Fumio Kishida’s government will aim to generate 15 trillion yen in investment from both […]
Japan Invests US$2.35 Billion to Obtain Clean Hydrogen in Australia through Carbon Capture – EQ Mag
Japan and Australia, both dedicated in hydrogen development, have unfolded multiple collaborations. The former, in order to accelerate the imports of clean hydrogen for the latter, will be investing US$2.35 billion on converting the coal of the Latrobe Valley in Victoria to clean hydrogen through carbon capture and storage. The collaborated effort is part of […]
Why the Success of Hybrid Vehicle Business is an Obstacle of Japanese Electric Cars? – EQ Mag
Japan is no doubt a major automobile producer. However, the thriving electric vehicle market is now dominated by Chinese and other western automakers, which together capture 90% of total EV sales. Japanese players—which used to have full control over the EV market—now only secure a market share of lower than 5%. A major reason is […]
Japan resumes offshore wind power auctions with revised rules – EQ Mag
TOKYO : Japan has resumed public auctions for offshore wind power projects under revised rules aimed at encouraging a wider range of operators and accelerating the development of infrastructure, the industry and land ministries said on Wednesday. The government has launched the second major round of auctions to select operators for four new areas capable […]
Vena Energy Announces the Commercial Operation of The Aomori 2 Solar Project in Japan – EQ Mag Pro
Vena Energy, Asia-Pacific’s leading renewable energy company, announced today that the 25 MW “Aomori 2” Solar Project has achieved commercial operation. The Project features 44,350 bifacial photovoltaic panels that span an area of 47 hectares in Aomori City in Aomori Prefecture, capable of supplying up to 5,680 local households with clean energy yearly. Compared to […]
Sembcorp Enters Strategic Collaborations with Japan on Low-Carbon Hydrogen Initiatives – EQ Mag Pro
Sembcorp Industries (Sembcorp) announced today that it has entered strategic partnerships (refer to Appendix) with the Japanese government and various corporations, to progress hydrogen and other decarbonization initiatives. The hydrogen supply chain will be a prominent focus across all partnerships. As a leading producer of renewable energy and the largest importer of natural gas in Singapore, […]
$30/tonCO2 minimum carbon price needed to bring forward fossil fuel phase out and accelerate renewables deployment in Japan – EQ Mag Pro
Political will is vital to make the required policy changes happen LONDON : Amidst an energy crisis and a power supply crunch, today the Japanese power sector is experiencing unprecedented stress owing to its deep dependence on fossil fuels. The country, in addition to adopting a 2050 carbon neutrality target has recently subscribed to a […]
Vena Energy Announces The Commercial Operation Of The Shichinohe 9 Solar Project in Japan – EQ Mag Pro
Vena Energy, Asia-Pacific’s leading renewable energy company, announced today that the 25 MW “Shichinohe 9” Solar Project has achieved commercial operation. The Project can satisfy the electricity consumption of up to 5,681 local households with clean energy yearly, and compared to thermal energy generation, the Shichinohe 9 Solar Project is capable of reducing approximately 15,214 […]