Image of Investment in the geothermal power project in Ebino city, Miyazaki

Investment in the geothermal power project in Ebino city, Miyazaki

Capacity: 4,800kW

Scheduled Commercial Operation Start: 2026

This is a midsized geothermal development project in Ebino city, Miyazaki pref. We are going to accelerate our initiatives in geothermal fields both in Japan and overseas through the experiences and insights obtained through this project.

Investment Highlights

We have been developing this project in collaboration with ASTMAX. ASTMAX is a Japanese company that has its strengths in financial and energy businesses. The project was first granted subsidy in 2014 by Japan Oil, Gas and Metals National Corporation as a geothermal resource development research project. Our participation in this project started in 2020.

Future Actions

While Japan is rich in geothermal resources, there are only a limited number of geothermal power projects, and we believe that there lies huge potential in this field. This project is a unique opportunity for us to participate in, as we aim to expand our geothermal investment both in Japan and overseas.

Posted on March 16, 2020