[Japanese Corporations Seek To Profit from Renewable Energy Generation]
Oji Holdings Corp., the world's largest corporate user of renewable energy, plans to sell clean power in Japan to take advantage of government subsidies and counter a sales slide in mainstay paper products.
Oji, the second-biggest paper producer by revenue, plans to spend 20 billion yen ($234 million) to build two so-called biomass power plants fuelled by wood on the northern island of Hokkaido and the southern island of Kyushu, Shoji Fujiwara, chairman of Oji Green Resources Co., said in an interview.
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By Masumi Suga, Bloomberg
Oji Holdings Corp., the world's largest corporate user of renewable energy, plans to sell clean power in Japan to take advantage of government subsidies and counter a sales slide in mainstay paper products.
Oji, the second-biggest paper producer by revenue, plans to spend 20 billion yen ($234 million) to build two so-called biomass power plants fuelled by wood on the northern island of Hokkaido and the southern island of Kyushu, Shoji Fujiwara, chairman of Oji Green Resources Co., said in an interview.
According the regulation of copy right in Korea, it is allowed to see full article by clicking the below news title.
Please click below to see full article.
By Masumi Suga, Bloomberg