Geothermal technology pushed and led by Japan

Sumitomo Corp., JGC Corp. and Electric Power Development Co. and other companies are cooperating with the government to sell geothermal power technology overseas.

Twenty companies, including Itochu Corp., Mizuho Corporate Bank Ltd. and Sumitomo Mitsui Banking Corp., have set up a working group to promote the Japanese technology, said Hiroyuki Kudo, general manager of the international cooperation division at the Energy Conservation Center, which serves as the group’s secretariat.

The group plans to first pursue opportunities in Indonesia, where demand for geothermal power is forecast to increase, said Satoshi Nakamura, assistant director of the Ministry of Economy, Trade and Industry’s Agency for Natural Resources and Energy.

Japan and Indonesia have agreed to cooperate on building infrastructure for geothermal power, Nakamura said.

Read the rest of the story: Geothermal technology pushed | The Japan Times Online.

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