NTT to join Japan's renewable-energy sector with $9bn investment

Telecom giant aims to provide over 10% of nation's capacity

20200630 NTT

The NTT group's entrance into the renewable-energy market stands to change the competitive landscape. (Photo by Takaki Kashiwabara)

Nikkei staff writers

TOKYO -- Japanese telecommunications group Nippon Telegraph & Telephone will enter the country's market for renewable energy, investing more than 1 trillion yen ($9.3 billion) by 2030 to boost capacity and establish its own transmission network, Nikkei has learned.

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