Ryohin Keikaku (TYO:7453) has begun a study to invest in renewable energy to cut its scope 1 and scope 2 CO2 emissions by 50% by FY30, compared with FY21, according to a Friday filing on the Tokyo Stock Exchange.
The company plans to develop 12 MW of power generation capacity within a year, in partnership with JERA Co. and JERA Cross Co. The project is estimated to cost 3.6 billion yen, with generated power to be sold on the Japan Electric Power Exchange.
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