Although geothermal power generation can contribute to decarbonization, the ratio of geothermal power generation to renewable energy is only 0.2%*, and the business development of geothermal power generation involves risks in cost, efficiency, time, know-how, etc. in exploration, construction, and operation. This has made fundraising difficult.
Investors in Europe and the United States, where ESG are focused, agree with our efforts to decarbonize through geothermal energy and support the baseload group's technology and business development from a long-term perspective.
Based on funds from investors and the know-how of the Group, Baseload Power Japan aims to contribute to decarbonization by utilizing the heat of the earth, and to revitalize local communities with the local resources.