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

Investment in the geothermal power project in Ebino City, Miyazaki

Capacity: Approx. 4.8MW

Scheduled Commercial Operation Start: 2026

This is a medium-sized geothermal energy development project in Ebino City, Miyazaki Prefecture. We aim to accelerate our geothermal power initiatives both in Japan and overseas by leveraging the experiences and insights gained from this project.

Investment Highlights

We have been developing this project in collaboration with ASTMAX Co., Ltd., a Japanese company with expertise in the financial and energy sectors. The project initially received a subsidy in 2014 from the Japan Organization for Metals and Energy Security as a geothermal resource development research initiative. Our involvement began in 2020.

Future Actions

Japan has abundant geothermal resources, but the development of these resources remains limited. This project represents a rare and valuable opportunity to invest in one of the few domestic geothermal power projects. We are committed to exploring geothermal investment opportunities both within Japan and globally.

Posted on March 16, 2020