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TOKAI Holdings Advances Decarbonization with Philippine Hydropower Project

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An announcement from Tokai Holdings Corporation ( (JP:3167) ) is now available.

TOKAI Holdings Corporation’s subsidiary, TOKAI Corporation, has announced a collaboration with REPOWER ENERGY DEVELOPMENT CORPORATION to develop a 4.5MW mini hydropower plant in Luzon Island, Philippines. The project, selected for Japan’s Joint Crediting Mechanism financing program, aims to supply electricity to 20,000 households and reduce greenhouse gas emissions, aligning with TOKAI’s commitment to sustainable growth and decarbonization efforts.

More about Tokai Holdings Corporation

TOKAI Holdings Corporation is a comprehensive energy provider engaged in the energy industry, particularly focusing on LP gas sales and renewable energy solutions. The company is committed to sustainable growth and aims to contribute to a low-carbon society through a mix of energy solutions.

YTD Price Performance: -0.93%

Average Trading Volume: 206,551

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: Yen125.6B

Find detailed analytics on 3167 stock on TipRanks’ Stock Analysis page.

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