Mitsui O.S.K. Lines (MOL) signed a partnership agreement with Kumejima Town in Okinawa to collaborate on renewable energy, decarbonization, and industrial tourism. The partnership will focus on expanding Ocean Thermal Energy Conversion (OTEC) and related projects under Kumejima’s goal of achieving 100% renewable energy by 2040. MOL aims to commercialize OTEC by fiscal year 2031 and explore CO₂ capture technologies, while also supporting local employment, tourism, and regional revitalization. The initiative aligns with MOL’s “BLUE ACTION 2035” strategy and its target of net-zero emissions by 2050.

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