BAKU, Azerbaijan, January 30. Mitsuuroko Green
Energy Co., Ltd. and INPEX JAPAN Co., Ltd., a wholly owned
subsidiary of INPEX CORPORATION, announced they have signed a
Memorandum of Understanding (MOU) to collaborate in Japan’s
electricity sector, Trend reports via INPEX.
Under the agreement, the two companies will establish a new
joint venture aimed at providing electricity marketing services,
primarily targeting INPEX JAPAN’s domestic natural gas customers.
The venture will also handle electricity procurement, supply-demand
management, and market trading.
Looking ahead, the partnership plans to jointly develop a range
of power sources, including solar power plants and battery storage
systems, to meet evolving customer and market needs.
Mitsuuroko Green Energy, reflecting the Mitsuuroko Group’s
philosophy of being a “provider of prosperous living,” said the
collaboration supports its commitment to a sustainable society and
achieving carbon neutrality by FY2050. The company emphasized that
its efforts will enhance engagement with local communities,
diversify services, and create added value, all while maintaining a
stable energy supply.
INPEX JAPAN views the partnership as a step toward expanding its
business in electricity-related fields, in line with its INPEX
Vision 2035, announced in February 2025. The company said the
MOU-driven business development will contribute to transforming
Japan’s energy structure and ensure responsible energy transition
and stable domestic energy supply.