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TEPCO Renewable to spend $9-18 billion by 2035 on green power

TOKYO: TEPCO Renewable Power, a unit of Tokyo Electric Power Company Holdings (9501.T), plans to spend about 1-2 trillion yen ($9-18 billion) to develop 6-7 gigawatts (GW) of offshore wind and hydroelectric power projects by 2035, its president said. “We aim to boost our profit to 100 billion yen in 2030 from 40 billion yen […]

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