Monday, May 23, 2016

Japan, Italy: Marubeni and Enel to Collaborate on Geothermal Power Plant Projects in SE Asia

Marubeni, Italy's Enel team on Asian power plants (Nikkei Asian Review)

Japanese trading house Marubeni and Italian energy producer Enel Group have agreed to jointly develop power plants in Asia.

The two companies inked a memorandum of understanding and aim to win two orders by 2018. They plan to construct and operate fossil fuel and geothermal plants primarily in Indonesia, which is launching a large-scale plan to develop resources for electricity generation, and also in countries such as Myanmar and Vietnam.

The partnership will let Marubeni glean know-how on underground exploration from Enel, which is strong in the geothermal field.

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