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Providing equity capital for overseas geothermal exploration
Providing equity capital for overseas geothermal exploration
Plan：
We will begin to provide equity capital for overseas geothermal exploration in FY 2023. Domestic experiences and actual achievements of major geothermal development are limited currently, but major projects and examples of advanced exploration and drilling technologies exist abroad. To fundamentally enlarge geothermal energy installations in Japan, we will support Japanese companies by providing equity capital to achieve technologies and know-how through participating in major geothermal development projects overseas. Furthermore, we will contribute to promote domestic projects by utilizing these technologies and know-how for domestic geothermal development.
Current Status：
We are studying the operation policy, etc. in preparation for the enforcement and start of service on April 1, 2023.
We will begin to provide equity capital for overseas geothermal exploration in FY 2023. Domestic experiences and actual achievements of major geothermal development are limited currently, but major projects and examples of advanced exploration and drilling technologies exist abroad. To fundamentally enlarge geothermal energy installations in Japan, we will support Japanese companies by providing equity capital to achieve technologies and know-how through participating in major geothermal development projects overseas. Furthermore, we will contribute to promote domestic projects by utilizing these technologies and know-how for domestic geothermal development.
Current Status：
We are studying the operation policy, etc. in preparation for the enforcement and start of service on April 1, 2023.
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