PRNewsWire
04 Jun 2026, 06:31 UTC · 2h ago
Baseload Capital and Furusato Netsuden demonstrate a scalable model for geothermal growth in Japan
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PRNewsWire
04 Jun 2026, 06:31 UTC · 2h ago
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Baseload Capital and Furusato Netsuden have implemented a community-aligned development model intended to unlock scalable geothermal growth in Japan. — Solving the 'local acceptance' barrier in a high-resource market like Japan creates a repeatable blueprint for significant capacity expansion.
+0.40The Waita No. 2 Geothermal Power Plant, with a capacity of 4.995 MW, began commercial operations in March 2026. — Proof of concept and operational success for the specific project, though the absolute capacity is relatively small.
+0.20Geothermal energy currently accounts for less than 1% of Japan's electricity mix despite the country having some of the world's largest geothermal resources. — Highlights a massive valuation gap and growth runway for the sector, though it is a structural fact rather than a new catalyst.
+0.10Ticker attribution
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