News

Although major Japanese energy companies have been slow to globalize, the inevitable contraction of the domestic market has prompted them to make large investments in emerging markets. Domestic demand for energy has topped out amid the shift to a low-carbon society and a graying population. Japanese energy firms have been cautious about expanding overseas because …

The government-affiliated New Energy and Industrial Technology Development Organization (NEDO) said Wednesday that it will join hands with companies such as Sharp Corp. and with academic institutions to develop next-generation solar cells. The first year of funding for the five-year project through fiscal 2014 is slated to reach 4 billion yen. NEDO is teaming up with …

The Asian Development Bank will by the end of this year create an entity tasked with promoting solar power generation in China, India and other emerging Asian countries, sources familiar with the matter said Wednesday. The entity will seek to develop demand by assisting companies with the technology and know-how to build solar power stations …