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Toshiba Unit, Others to Study Offshore Wind Power Generation


Toshiba Unit, Others to Study Offshore Wind Power Generation
Toshiba Unit, Others to Study Offshore Wind Power Generation
   Tokyo, April 19 (Jiji Press) Toshiba Energy Systems & Solutions Corp. said Monday it has signed a joint research agreement with Tokyo Gas Co. , Japan Renewable Energy Corp., or JRE, and others for offshore wind power generation.
   Their research includes finding out the best locations for equipment to improve power generation efficiency and durability, according to a statement released by the Toshiba Corp. subsidiary.
(2021/04/19-16:23) ....

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Goldman Weighs Sale of Majority Stake in Japan Renewable


Goldman Weighs Sale of Majority Stake in Japan Renewable
Bloomberg
3/9/2021
Manuel Baigorri
© Bloomberg
A wind turbine stands next to solar panels at a Banpu Power Pcl solar plant in Awaji, Hyogo, Japan, on Friday, Nov. 17, 2017. Banpu Power owns 13 solar projects in Japan.
(Bloomberg) Goldman Sachs Group Inc. is exploring a sale of its majority stake in Japan Renewable Energy Corp. that could raise about $2.5 billion, according to people familiar with the matter.
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Goldman is working with its in-house investment banking team and Bank of America Corp. on the potential sale of its 75% stake in Japan Renewable, the people said, asking not to be identified because the matter is private. The sale has drawn preliminary interest from buyers including other renewable companies, infrastructure and pension funds, the people said. ....

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Insto roundup: Calstrs ramps up China investment; GIC targets UK logistics assets | Asset Owners


Dai Xianglong
Dai Xianglong, a former governor of the People s Bank of China and former head of the National Social Security Fund, is calling for allocating a proportion of assets confiscated from corrupt officials and a proportion of land transfer fees to replenish pension reserves.
At a pension reserves forum hosted by the Chinese Academy of Social Sciences on December 19, Dai said the amount of assets confiscated from corrupt officials could total billions of yuan. 
In recent years, with the increasing number of elderly in China, the sustainability of the pension fund is under threat. In 2019, the balance of social insurance funds nationwide was Rmb585.486 billion, and after fiscal subsidies were excluded, there was a deficit for the seventh consecutive year. ....

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