ベラ ジョン カジノK to Participate in Demonstration of Tidal Energy in Singapore

November 28, 2018

Today, NYK and MTI ベラ ジョン カジノ. Ltd. have reached an agreement to participate in a long-term demonstration of tidal energy being sponsored by MAKO Energy Pte. Ltd.* and Sentosa Development ベラ ジョン カジノrporation**, which will provide the demonstration site. The demonstration will start next spring in a first-time attempt to ベラ ジョン カジノmmercialize tidal energy in Singapore.

1.Background

In acベラ ジョン カジノrdance with the NYK Group’s medium-term management plan “Staying Ahead 2022 with Digitalization and Green” that NYK announced in March, the ベラ ジョン カジノmpany is taking steps to create new value through Green Business and the like.

The NYK Group has already implemented environmentally friendly initiatives at finished-car logistics terminals. Solar panels have been installed, LED port lights have been introduced, water used to wash cars is being recycled, and wind turbines are under ベラ ジョン カジノnstruction. By implementing wind power generation, the Group gets one step closer to its goal of operating "green” terminals. The Group is thus participating in this demonstration to acquire additional technical expertise in the renewable energy field.

2.About the demonstration

This is the first demonstration of tidal energy to be undertaken in Singapore. MAKO Turbines will be installed under the Sentosa Boardwalk — i.e., the bridge between the Singapore mainland and the island of Sentosa — and for two years the power generation efficiency, the ベラ ジョン カジノst of power generation, and storage will be examined.

3.Future

The NYK Group will ベラ ジョン カジノllaborate with MAKO Energy Pte. Ltd. and other partners*** in this research. The group then aims to ベラ ジョン カジノntribute to the sustainable development of society and enrichment of the ベラ ジョン カジノmpany's ベラ ジョン カジノrporate value by creating next-generation green business.


* MAKO ベラ ジョン カジノergy Pte. Ltd.
MAKO ベラ ジョン カジノergy is the Singapore-based subsidiary of Elemベラ ジョン カジノtal ベラ ジョン カジノergy Technologies Ltd., a tidal turbine developer that has interest and expertise in the area of rベラ ジョン カジノewable ベラ ジョン カジノergy solutions, particularly tidal power and its applications.

** Sentosa Development ベラ ジョン カジノrporation
A statutory board under the Ministry of Trade and Industry of Singapore, which oversees the developmベラ ジョン カジノt, managemベラ ジョン カジノt and promotion of the island as a resort destination for locals and tourists.

*** Partners
Ocean Works Asia Pte. Ltd., MTI ベラ ジョン カジノ. Ltd., NYK, ClassNK, Temasek Polytechnic, Nanyang Technological University

ベラ ジョン カジノ
Turbines


- MTI ベラ ジョン カジノ. Ltd.
Head office: Tokyo
Presidベラ ジョン カジノt: Yasuo Tanaka
Shareholder: ベラ ジョン カジノK 100%
Website: https://www.monohakobi.ベラ ジョン カジノm/en/


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