FILE PHOTO: Yukio Kani, JERA's Global Chief Executive Officer and Chairman, poses for a photograph during an interview with Reuters in Tokyo, Japan April 19, 2023. REUTERS/Katya Golubkova/File PhotoTOKYO : Japan's JERA plans to invest 5 trillion yen over the coming decade into renewable energy, new fuels like hydrogen and ammonia, and liquefied natural gas , global CEO Yukio Kani told reporters on Thursday.
Each of the areas would receive 1-2 trillion yen in investment over the decade, Japan's top power generator said. JERA, an unlisted company co-owned by Tokyo Electric Power and Chubu Electric Power, sees its profit for the year ending next March at 200 billion yen and EBITDA, both excluding fuel cost adjustment, at 500 billion yen.
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