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Climate Change

Mitsubishi Corp. to boost renewable energy in power generation business

Japanese trading house to double share of green energy to 60% by FY2030

Mitsubishi Corp. plans to increase investment in solar and wind power at home and abroad. (Source photo by Reuters)

TOKYO -- Japanese trading house Mitsubishi Corp. is set to increase the share of renewable energy sources in its power generation business from the current 30% to over 60% by its 2030 fiscal year, bringing one of its most important businesses in line with the government's latest efforts to reduce greenhouse gas emissions.

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