METI | Jotup

MHI to Issue The Second Series of Transition Bonds

Retrieved on:

Friday, July 28, 2023

Carbon, Ministry of Economy, Trade and Industry, Intelligence, Ministry, MHI, SMART Infrastructure Facility, ESG, METI, Renewable energy

MHI was selected as a model example for the "2021 Climate Transition Finance Model Projects" being supported by the Ministry of Economy, Trade and Industry (METI) in March 2022, and issued its first transition bonds in September 2022.

Key Points:

MHI was selected as a model example for the "2021 Climate Transition Finance Model Projects" being supported by the Ministry of Economy, Trade and Industry (METI) in March 2022, and issued its first transition bonds in September 2022.
This will be our second issuance of transition bonds
The Mitsubishi Heavy Industries Group has defined two growth areas: "Energy Transition", which aims to decarbonize the energy supply side, and "Smart Infrastructure", which targets to realize the decarbonization, and promote the energy efficiency, manpower saving in the energy demand side.
As part of the financing necessary for focusing on businesses in these areas, and promote decarbonization, electrification and intelligence in its existing businesses, MHI is utilizing ESG finance such as transition bonds and green bonds.
By issuing the bonds, MHI will diversify its financing methods, promote its energy transition initiatives, and contribute to realizing a Carbon Neutral society.

MHI Selected as Core Company for Development of an HTGR Demonstration Reactor

Retrieved on:

Wednesday, July 26, 2023

JAEA, Hydrogen, HTGR, Ministry of Economy, Trade and Industry, Research, Steel, Carbon, Japan Atomic Energy Agency, HTTR, Agency for Natural Resources and Energy, Ministry, MHI, Iron, Agency, Natural Resources, METI, Transport, Uranium mining

TOKYO, July 26, 2023 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) has been selected by Japan's Agency for Natural Resources and Energy (ANRE), part of the Ministry of Economy, Trade and Industry (METI), as the core company to lead the development of a high temperature gas-cooled reactor (HTGR) program.

Key Points:

TOKYO, July 26, 2023 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) has been selected by Japan's Agency for Natural Resources and Energy (ANRE), part of the Ministry of Economy, Trade and Industry (METI), as the core company to lead the development of a high temperature gas-cooled reactor (HTGR) program.
As the core company for this project, MHI will coordinate R&D, design, and construction of the HTGR demonstration reactor that ANRE plans to put into operation in the 2030s.
The selection of MHI as a core company reflects the recognition of its wealth of experience with the development of the HTGR, its proactive efforts in research and development, and its vast technical capabilities.
MHI will utilize and apply its accumulated technological expertise in the development of the HTGR demonstration reactor.

Japan Power Rental Market Assessment & Forecast Report 2023-2029: Mining Exploration Program Along With Clean Energy Strategies to Drive the Demand for Leasing Power Equipment - ResearchAndMarkets.com

Retrieved on:

Friday, July 7, 2023

The "Japan Power Rental Market - Strategic Assessment & Forecast 2023-2029" report has been added to ResearchAndMarkets.com's offering.

Key Points:

The "Japan Power Rental Market - Strategic Assessment & Forecast 2023-2029" report has been added to ResearchAndMarkets.com's offering.
The government is taking necessary actions for disaster management, which prompts the demand for power equipment in the Japan power rental market.
This will likely create demand for rental power equipment in Japan.
The key players in the Japan power rental market are Kanamoto, Nishio, Aggreko, Caterpillar, Atlas Copco, Cummins Inc., and KOHLER Power.

Japan Power Rental Market Assessment Report 2023-2029: Market to Reach a Value of $263.8 Million - Infrastructure Investments by the Japanese Government Stimulates Demand

Retrieved on:

Wednesday, June 28, 2023

DUBLIN, June 27, 2023 /PRNewswire/ -- The "Japan Power Rental Market - Strategic Assessment & Forecast 2023-2029" report has been added to ResearchAndMarkets.com's offering.

Key Points:

DUBLIN, June 27, 2023 /PRNewswire/ -- The "Japan Power Rental Market - Strategic Assessment & Forecast 2023-2029" report has been added to ResearchAndMarkets.com's offering.
Japanese Power Rental Market is forecast to reach a value of $263.8 million by 2029 from $206.1 million in 2022, growing at a CAGR of 3.6%
Government measures to prevent and mitigate natural disasters will accelerate rental power equipment demand.
The government is taking necessary actions for disaster management, which prompts the demand for power equipment in the Japan power rental market.
The key players in the Japan power rental market are Kanamoto, Nishio, Aggreko, Caterpillar, Atlas Copco, Cummins Inc., and KOHLER Power.

Pacifico Energy Started Commercial Operation of Japan’s First Market bidding Large Scale Energy Storage Systems (ESS) in Kyushu and Hokkaido

Retrieved on:

Thursday, June 22, 2023

Technology, Utilities, Batteries, Alternative Energy, Energy, Hardware, DC, Ministry, Plant, ESS, Energy storage, Knowledge, Weather, METI, Renewable energy

These projects, which began operating in June 2023, mark a significant milestone as Japan's first large-scale grid-connected ESS facilities involved in market bidding*.

Key Points:

These projects, which began operating in June 2023, mark a significant milestone as Japan's first large-scale grid-connected ESS facilities involved in market bidding*.
The ESS facilities have been specifically designed to enhance the stability of the power grid by providing ancillary services, capacity services and energy arbitrage.
Having utilized our global network and knowledge in both renewable energy power sources and ESS facilities, Pacifico Energy remains committed to tackling this challenge by expanding both renewable energy power sources and ESS facilities.
Name of Energy Storage Plant: Pacific Energy Shiroishi Energy Storage Plant
Pacifico Energy, founded in 2012, is one of the largest developers of renewable energy in Japan.

Oasys Special Event Unveils Lineup of Speakers and Participating Companies

Retrieved on:

Thursday, June 22, 2023

Featuring the participation of Ubisoft and other Leading Gaming Developers, and a Keynote Address by Masaaki Taira, Member of the House of Representatives

Key Points:

Singapore and Tokyo, Japan--(Newsfile Corp. - June 22, 2023) - Oasys , a gaming-optimised blockchain, today announced the agenda for its inaugural Oasys Special Event.
The participating entities at the event include renowned firms such as Bandai Namco Entertainment Inc., BLOCKSMITH&Co., Coinmusume, Com2uS, double jump.tokyo Inc., DMM.com LLC, Digital Entertainment Asset Pte.
The event will showcase updates on previously announced titles, exciting reveals of new blockchain games, and fresh Verses.
Our event intends to catalyse this moment, spotlighting these explorative developments and underscoring the promising future of blockchain in gaming."

Trailstone Welcomes Energy Industry Veterans to Lead Japanese Operations

Retrieved on:

Wednesday, May 24, 2023

Kamisago brings over 25 years of experience in international business development with Sumitomo and Itochu, two of the largest Japanese trading and investment firms.

Key Points:

Kamisago brings over 25 years of experience in international business development with Sumitomo and Itochu, two of the largest Japanese trading and investment firms.
He is an expert in M&A, new investment, infrastructure project management and new business incubation in the global energy industry.
Most recently, Kamisago led Sumitomo’s energy, environment and green hydrogen businesses as a general manager, gaining experience in both domestic and international business settings.
“Japanese power markets and renewable energy generators can benefit greatly from Trailstone’s extensive experience in Europe and the United States,” said Kamisago.

JETRO and CIC to Showcase Promising Japanese Biotech Startups at "Japan Innovation Night" during BIO International Convention 2023 in Boston

Retrieved on:

Thursday, May 18, 2023

Biotechnology, Business, Health, Professional Services, Small Business, Venture, Tokyo Metropolitan Government, JETRO, Innovation, Multimedia, CIC, Government, Ministry, Tokyo Metropolitan Ordinance Regarding the Healthy Development of Youths, Japan External Trade Organization, Japan Pavilion at Epcot, METI, Video game, Pharmaceutical industry

The Japan External Trade Organization (JETRO) and CIC 's Japan Desk are excited to announce " Japan Innovation Night ," a groundbreaking event showcasing the latest advancements in biotechnology from Japanese startups.

Key Points:

The Japan External Trade Organization (JETRO) and CIC 's Japan Desk are excited to announce " Japan Innovation Night ," a groundbreaking event showcasing the latest advancements in biotechnology from Japanese startups.
U.S. venture capital firms and pharmaceutical companies, particularly those based in Boston, will come together to explore potential partnerships and synergies with innovative Japanese biotech firms.
The evening will also feature presentations by representatives from Japan's local ecosystems, including the Tokyo Metropolitan Government, Kobe City, and Yokohama City.
The event will conclude with a networking session, allowing attendees to connect with the presenters and explore future partnerships.

Micron to Bring EUV Technology to Japan, Advancing Next-Generation Memory Manufacturing

Retrieved on:

Thursday, May 18, 2023

Workforce, Partnership, DRAM, Cell, Micrometre, Research, LPDDR5X, Automation, Commerce, Virtual reality, EUV, Micron Technology, AI, METI, Memory, Video game, Computer data storage

Micron will be the first semiconductor company to bring EUV technology to Japan for production, with its Hiroshima fab playing a critical role in the company’s development of the 1-gamma node.

Key Points:

Micron will be the first semiconductor company to bring EUV technology to Japan for production, with its Hiroshima fab playing a critical role in the company’s development of the 1-gamma node.
Micron continues to make progress on its EUV integration plans and expects to ramp EUV into production on the 1-gamma node in Taiwan and Japan from 2025 onwards.
“We are proud to be the first to use EUV in Japan and to be developing and manufacturing 1-gamma at our Hiroshima fab.
“We are pleased to see our collaboration with Micron take root in Hiroshima with state-of-the-art EUV to be introduced on Japanese soil.

Saisei Ventures is Selected as a Certified VC Fund by AMED to Catalyze the Japanese Drug Development Ecosystem

Retrieved on:

Wednesday, May 17, 2023

Through this initiative, AMED subsidizes the development of therapeutic assets by providing additional grant funding to ventures that have received investments from certified VC firms.

Key Points:

Through this initiative, AMED subsidizes the development of therapeutic assets by providing additional grant funding to ventures that have received investments from certified VC firms.
Under the Strengthening Program for Pharmaceutical Startup Ecosystem initiative, AMED certifies VC firms and fund managers that have a demonstrated track record of therapeutic investment and can provide specialized hands-on commercialization support for preclinical to clinical stage drug development.
“We are pleased to be selected as a certified VC by AMED, enabling us to bolster our investments by leveraging these development funds,” says Jonathan Yeh, Managing Partner at Saisei Ventures.
In addition to Saisei Ventures, the other selected firms include:
JIC Venture Growth Investments Co., Ltd.
Osaka University Venture Capital Co., Ltd.