October 18, 2016

The Asia Super Grid – Four Countries Join Together to Maximize Renewable Energy

Published at RenewableEnergyWorld.com --- The triple-disaster of earthquake, tsunami and nuclear meltdown that hit the northeast of Japan in March 2011 was a wake-up call for many people. This was true for Masayoshi Son, a founder, chairman, and chief executive officer (CEO) of Softbank Group, a Japanese multinational telecommunications and internet corporation. Having experienced the danger of nuclear power plants in Fukushima, he felt the need to replace nuclear power with safer and cleaner renewable energy for a better future.

To accelerate the deployment of clean, safe, and affordable renewable energy, he founded the Renewable Energy Institute (REI), and in September 2011, the “Asia Super Grid (ASG)” was conceptualized. ASG goes beyond Japan and includes other Asia countries to further maximize the usage of renewable energy by taking advantage of diversity in loads and resources.

At an International Symposium this September to celebrate REI’s five-year Anniversary, Son happily announced that his “Vision of the ASG” was one step closer to materialization.

“When I announced my idea five years ago, many people said it is a crazy idea, and they also said that it is neither economically or politically feasible,” recalled Son. Despite these nay-sayers, he has been making steady progress.

The first step was to develop electricity generation plants domestically by creating SB Energy Corp. as part of the SoftBank Group in 2011. The company is now established and operating 33 utility-scaled renewable power plants nationwide, including a 48-MW wind farm in Shimane prefecture and a 111-MW solar PV farm in Hokkaido prefecture.

The company also looked outside Japan for more abundant renewable energy sources. Mongolia has vast wind resources, and to harness the potential, the company formed Clean Energy Asia LLC with Newcom LLC, a Mongolian conglomerate. The joint company has secured a land-leasing right in the Gobi Desert for the next 100 years to develop and operate 7 GW worth of wind farms. The company also formed a joint venture company called SBG Cleantech Ltd in India, with India’s Bharti Enterprises Pvt. and Taiwan’s Foxconn Technology Group, to develop a 350 MW solar PV farm in the southern state of Andhra Pradesh.

MOU Signed by Japan, China, South Korea, and Russia

Plenty of renewable energy generation has been secured and is under development. Now the question is how to move the renewable energy to Japan and throughout Asia....Read More Here
Representatives from Japan, South Korea, China, and Russia sign MOU in Beijing.
Image credit: SoftBank Group