Tag Archives: Japan Renewable Energy Foundation

SoftBank founder outlines plan to shift Japan to renewable energy

Japans richest entrepreneur outlined a plan on Monday to rebuild the countrys energy infrastructure in the wake of its nuclear disaster, shifting the majority of supply to natural, renewable resources by 2030.

Masayoshi Son, founder and CEO of SoftBank, was speaking at the launch of his Japan Renewable Energy Foundation. He said Japan could shift to renewable energy sources for 60% of its electricity requirements over the next two decades, calling for a 2 trillion yen £16.34 billion "super grid" across the country, and underwater off the coast, that would zip electricity around cheaply and efficiently to meet demand.

"Japan is a country that is riddled by earthquakes," Son said at a conference hall in central Tokyo. "We must minimise our use of nuclear power over the next 20 years."

Read the rest of the story: SoftBank founder backs Japans shift to renewable energy.