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Climate Change

Furukawa Electric poised for $765m bet on Japan's renewables push

Plans call for doubling underwater power cable output to plug into government grid

Submarine cables from Furukawa Electric are loaded onto a ship. The government is looking to build a power grid that connects Japan's big islands. (File photo obtained by Nikkei)

OSAKA -- Japanese cable maker Furukawa Electric will invest up to 100 billion yen ($765 million) to boost production of underwater electric cables, with an eye on Japan's push to bolster renewable energy infrastructure, Nikkei has learned.

The ability to transmit power across regions is key to making the most out of renewable energy sources like wind and solar, which are heavily influenced by weather.

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