Japan to help Romania generate green electricity destined for Ukraine

Trillions of dollars to be invested to boost local grid and exports

20241102N romania power plant AP

A coal power plant in Romania. Fossil fuels account for almost 40% of the nation's power source mix. © AP

EIKI HAYASHI, Nikkei staff writer

FRANKFURT, Germany -- Japan and Romania plan to jointly invest trillions of dollars on decarbonization projects in the European country, with electricity from renewable sources to be used not just locally but also exported to Ukraine, Nikkei has learned.

Tokyo and Bucharest are poised to release a joint statement soon that is expected to spell out energy aid to Ukraine and the creation of a framework for green investment.

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