Marubeni Targeting Geothermal Energy Revival in Japan (The Japan Daily Press)
Among Japan’s trading houses, Marubeni Corp. has been the biggest investor in electricity generation, a fact now being strengthened as the outfit is looking towards the revival of geothermal industry as an alternative source of energy in the country. The current stigma against nuclear energy is understandable, and looking towards heat as a source of energy might be a sound move.
“We’ve focused on hydro before,” Masahiro Uegaki, assistant general manager of Marubeni’s domestic power projects said. “Recently we are developing solar, wind and other renewable energies. Geothermal is one of our new activities.” Expanding the firm’s geothermal investments would be an obvious boon to turbine makers like Mitsubishi Heavy Industries Ltd. and Toshiba Corp., both of which already supply equipment outside Japan.
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