SelectorMinistry of Economy, Trade and Industry
Name of program Subsidy to research feasibility of business operation with the aim to develop overseas high-quality energy infrastructure (Research to promote infrastructure overseas development by Japanese corporations: Secondary public offering)
Selected theme Research program for feasibility of business operation program, related to wave power, using digital transformation (DX) inMauritius
Proposers MOL
Program partnersBombora Wave Power Pty Ltd ,Japan Development Institute
Wave power is one of ocean renewable energies (Note 1), which have not been comercialized in full scale yet, but in some regions of
MOL has conducted natural environmental protection/recovery projects and social contribution activiites (Note 2) since the incident that its chartered bulk carrier, Wakashio, was grounded off
In addition, since
MOL entered into an agreement with
Through this project, MOL will further forge ahead 'Expanding Low-Carbon and Decarbonization Projects through Use of the
(Note 1)
Offshore renewable energy
It is divided into five types of offshore wind power, tidal power, ocean thermal energy conversion, and wave power (this program). This energy field has high potential as power source though that has not been commercialized in full scale globally yet excluding offshore wind power, and currently shows a rapid growth since it is recycling-based energy. Especially in
(Note 2)
MOL conducts social contribution activities through launch of the Mauritius Environmental and Social Contribution Team, natural environmental protection and recovery project including protection of mangroves and coral reefs, and contribution to the funds for public institutions and local non-governmental organizations (NGOs) including local government. Furthermore, it opened the
MOL WAKASHIO incident website:
https://www.mol.co.jp/en/sustainability/incident/index.html
(Note 3)
Please refer to
(Note 4)
MOL Group Environmental Vision 2.1 | Environment | Sustainability |
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