TEPC hopes to lure trading company Mitsui & Co as well as Tohoku Electric and Hokkaido Electric to join the project. Sony, which has yet to confirm its participation, says it is most interested in enhancing its greenness. Initial plans call for building wind and other renewables plant after the launch date at the end of this year. According to the Japan Times, TEPC and Sony plan to have the project evaluated by a third party institution which can issue green certificates. The investors hope to be able to set these against their greenhouse gas emissions, with a further view to trading the credits on an international bourse.
Have you registered with us yet?
Register now to enjoy more articles
and free email bulletins.