Baseload Capital and Furusato Netsuden demonstrate a scalable model for geothermal growth in Japan
With the completion of the Waita No. 2 Geothermal Power Plant in Kumamoto Prefecture, Baseload Capital and Furusato Netsuden are positioning Japan as a breakthrough market for geothermal growth. The project demonstrates how community-aligned development models could help unlock scalable growth in one of the world’s largest untapped geothermal markets.
Japan holds one of the world’s largest geothermal resources. Yet despite decades of discussion around energy security and decarbonization, geothermal today accounts for less than 1% of the country’s electricity mix.
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