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eREX Co., Ltd. ( (JP:9517) ) has issued an announcement.
eREX Co., Ltd. has been selected to receive a subsidy for its biomass fuel co-firing test at coal-fired power plants in Vietnam, a move that aligns with Vietnam’s goal to become carbon neutral by 2050. This initiative supports Vietnam’s growing electricity demand and energy self-sufficiency while reinforcing eREX’s commitment to renewable energy and de-carbonization.
More about eREX Co., Ltd.
eREX Co., Ltd. operates in the renewable energy industry, focusing primarily on biomass power generation. The company aims to pioneer the new era of electric power with renewable energy at its core, contributing to a de-carbonized society both in Japan and internationally.
YTD Price Performance: 10.38%
Average Trading Volume: 576,973
Technical Sentiment Consensus Rating: Hold
Current Market Cap: Yen64.44B
Learn more about 9517 stock on TipRanks’ Stock Analysis page.