MOL Signs Wide-ranging Partnership Deal with Kumejima Town - Promoting Commercialization of Ocean Thermal Energy Conversion and CO2 Capture Projects -
Japan, Oct. 28 -- Mitsui O.S.K. Lines, Ltd. (MOL) announced that on October 28, it signed a comprehensive partnership agreement with Kumejima Town in Okinawa Prefecture to collaborate on renewable energy, decarbonization, and industrial tourism projects in the region. Leveraging the technologies and expertise of both parties, along with Kumejima Town's abundant natural resources, MOL will advance business initiatives aimed at addressing regional challenges and promoting industrial development, with a particular focus on expanding ocean thermal energy conversion (OTEC) and other businesses.[Summary of the Agreement]Items ContentOcean thermal energy conversion (OTEC) and utilization of deep ocean water Development and design of intake systems...
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