Announced details
Geothermal power generation, renewable energy, local industry revitalisation, community development and community-oriented businesses
新日本科学, Mitsui Fudosan Co.,Ltd. and ジャパン・ニュー・エナジー are jointly promoting the demonstration project.
Mitsui Fudosan Co.,Ltd.: Head office in Chuo-ku, Tokyo; Representative Director and President Ueda Shun (植田俊). ジャパン・ニュー・エナジー株式会社: Head office in Chuo-ku, Tokyo; Representative Director and President Sakamoto Hideo (坂本秀男); an energy company engaged in the research and development and commercialisation of coaxial new geothermal power generation systems.
SBTi certification of greenhouse gas emissions reduction targets (not related to this demonstration itself)
SBTi
Ibusuki, Kagoshima Prefecture (demonstration site)
The disclosure states that 新日本科学’s existing geothermal power generation business generates approximately 14 million kWh annually and annual net sales of more than ¥500 million. The impact of this demonstration on business performance is not disclosed.
The company does not address Contract Value / Offering price.
Feasibility study under the fourth call for proposals for JOGMEC’s Next-Generation Geothermal Power Generation Project, conducted by the Japan Organization for Metals and Energy Security (JOGMEC), an independent administrative agency under the jurisdiction of the Ministry of Economy, Trade and Industry
| Item | Details |
|---|---|
| Names of Products / Services Covered | Next-generation geothermal power generation technology (coaxial double-pipe closed-loop system) |
| Counterparty | Mitsui Fudosan Co.,Ltd., ジャパン・ニュー・エナジー株式会社 |
| Counterparty overview | Mitsui Fudosan Co.,Ltd.: Head office in Chuo-ku, Tokyo; Representative Director and President Ueda Shun (植田俊). ジャパン・ニュー・エナジー株式会社: Head office in Chuo-ku, Tokyo; Representative Director and President Sakamoto Hideo (坂本秀男); an energy company engaged in the research and development and commercialisation of coaxial new geothermal power generation systems. |
| Relationship with the Company | 新日本科学, Mitsui Fudosan Co.,Ltd. and ジャパン・ニュー・エナジー are jointly promoting the demonstration project. |
| Applicable area | Geothermal power generation, renewable energy, local industry revitalisation, community development and community-oriented businesses |
| Award/certification name | SBTi certification of greenhouse gas emissions reduction targets (not related to this demonstration itself) |
| Awarding / certifying body | SBTi |
| Location | Ibusuki, Kagoshima Prefecture (demonstration site) |
| Impact on Business Performance | The disclosure states that 新日本科学’s existing geothermal power generation business generates approximately 14 million kWh annually and annual net sales of more than ¥500 million. The impact of this demonstration on business performance is not disclosed. |
| Source | Feasibility study under the fourth call for proposals for JOGMEC’s Next-Generation Geothermal Power Generation Project, conducted by the Japan Organization for Metals and Energy Security (JOGMEC), an independent administrative agency under the jurisdiction of the Ministry of Economy, Trade and Industry |
Items this document does not state (8)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The companies aim to validate the technology and economic feasibility of the coaxial double-pipe closed-loop system for commercialisation, thereby expanding the regions and options where geothermal resources can be used. They also seek to establish a community-oriented business model that contributes to the revitalisation of local industries and the creation of new economic circulation.