July 9, 2020
Japanese telecom giant NTT plots major renewables play, partners Mitsubishi for clean tech
Japanese telecoms giant Nippon Telegraph and Telephone (NTT) is plotting a major renewables play in the country, investing up to US$1 billion a year up to 2030. National newspaper Nikkei reported earlier this week that NTT is planning to invest some ¥1 trillion (US$9 billion) to establish itself as a major player in Japan’s renewable energy market, deploying utility-scale generation and electricity transmission and distribution to complement its existing business units.