Nippon Steel Expects Geothermal Sales of $49 Million in 2015

Nippon Steel & Sumikin Engineering Co. plans to expand its business in Japan and in countries such as Indonesia, Ryuichi Kageyama, general manager for the geothermal power business, said at a briefing today. It also plans to enter plant operation, maintenance services and power retailing, he said.

The company doesn’t have a comparative figure for current geothermal sales as there has been little development in Japan over the past several years, he said. The country’s last commercial geothermal plant was built in 1999 on Hachijo island, about 287 kilometers (178 miles) south of Tokyo.

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Posted May 23, 2013 by repit in News

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