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Corporate Japan pledges full shift to renewable energy

The trend to prompt power companies to invest in grid networks

A mega solar power plant in the northern prefecture of Aomori. The liberalization of Japan's energy market in 2016 has made more renewable energy plans available to consumers.   © Reuters

TOKYO -- More Japanese companies are promising to source all of their electricity from renewable energy in 10 to 30 years, a trend that could in turn spur investment to bolster grid capacity to accommodate demand.

Tech provider Fujitsu will as early as this month join RE100, the global initiative of major companies committed to 100% renewable power. The company currently sources just 7% of its power from clean energy but plans to achieve a full switchover by 2050.

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