Softbank executive wasting no time in developing renewable energy in Japan

As a software distributor in the 1980s and 1990s, Masayoshi Son helped Microsoft and other U.S. companies crack a Japanese computer market then dominated by domestic hardware makers peddling proprietary operating systems.

Masayoshi   Son, chief executive of telecommunications and Internet company Softbank Corp,—whom Forbes lists as the third-richest man in Japan, with an estimated net worth of $6.9 billion—is wasting no time in developing the energy that he feels will power the world, including plans for 10 mega-solar plants in Japan, six of which are either under construction or soon will be..

Softbank so far has agreements with 36 of Japan’s 47 prefectures to develop renewable projects, including plans for solar plants on abandoned farmland in Minamisoma, a city just north of the Fukushima Daiichi nuclear plant.

Mr. Son also is championing what he calls a “crazy, crazy idea” to connect Japan with other countries in Asia in an electricity “super grid” through which Japan could import wind and solar power from Mongolia. In March, it signed an agreement with Mongolian investment firm Newcom Group and Korea Electric Power Co. to explore a joint wind-power project in the Gobi Desert.

The push for renewables is aimed at cutting reliance on not only nuclear, but pricey oil and liquefied natural gas for energy needs.

Mr. Son is soldiering on. “Let’s connect Japan to other Asian countries, and make them compete,” he told lawmakers in April. “We import oil and gas. What’s wrong with importing electricity?”

Source: Wall Street Journal

 

About author
Enformable is focused on providing critical information about energy related topics for readers around the world.The functional goal of the project is to provide a user-friendly public resource, complete with database of supporting research materials and data.Facebook Twitter
Read More About ,
Submit your comment

Please enter your name

Your name is required

Please enter a valid email address

An email address is required

Please enter your message

*

Enformable © 2014 All Rights Reserved

More in Nuclear News
Entergy was founded as Middle South Utilities in 1949 to acquire several companies which had been previously owned by General Electric, and  is the second-largest nuclear generator in the United States after Exelon Corporation.
Entergy facing showdown with congressional concerns, unions, and state appeals

Questions and problems continue to mount for Entergy in Massachusetts.   Despite community opposition, the NRC guaranteed 20 years of profits for Entergy executives and denied a full investigation of long-term safety and environmental...

Close