eREX Co., Ltd. (JP:9517) has released an update.
eREX Co., Ltd. has successfully conducted a co-firing test using Palm Kernel Shell (PKS) at the Itoigawa Power Plant, marking a significant step towards achieving a de-carbonized society. The test, which ran from September 6 to 13, incorporated up to 30% PKS with coal, demonstrating stable power generation. The company aims to further its biomass power generation business and continue fuel conversion initiatives at coal-fired power plants.
For further insights into JP:9517 stock, check out TipRanks’ Stock Analysis page.