Eurus Energy Signs MOU with GE Vernova
Integrated Deployment of Renewable Energy and Data Center Establishment in Northern Hokkaido
Eurus Energy Holdings Corporation (“Eurus Energy”) announced today that Eurus Energy signed Memorandum of Understanding (MOU) with GE Vernova to the promote renewable energy deployment and the establishment of data centers powered by renewable energy in northern Hokkaido. The initiative was announced at a signing ceremony at METI.
The Government of Japan, in its 7th Strategic Energy Plan, has set a target for wind power to account for 4–8% of the nation's electricity supply by fiscal year 2040. Additionally, the Ministry of Economy, Trade and Industry (METI), through its GX2040 Vision, has outlined the concept of GX (Green Transformation) Industrial Location. This initiative aims to promote regional revitalization and economic growth by efficiently and effectively developing new industrial zones and decarbonized power sources, taking into consideration the regional disparities in the availability of clean energy.
Based on this MOU, Eurus Energy and GE Vernova explore opportunities under the GX Industrial Location in northern Hokkaido and aim to further promote the adoption of renewable energy by utilizing GE Vernova’s onshore wind turbines, while simultaneously developing data centers powered by renewable energy in an integrated manner.
Based on our corporate philosophy of "Helping to preserve the global environment by disseminating and expanding clean energy technologies,” Eurus Energy is committed not only to creating renewable energy, but also to building a full value chain that includes its collection, coordination, delivery, and use. Through these efforts, we aim to contribute to environmental preservation and the realization of a carbon-neutral society.
About GE Vernova
GE Vernova is a planned, purpose-built global energy company that includes Power, Wind, and Electrification businesses and is supported by its accelerator businesses of Advanced Research, Consulting Services, and Financial Services. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with approximately 75,000 employees across 100+ countries around the world.
GE Vernova’s mission is embedded in its name – it retains its legacy, “GE,” as an enduring and hard-earned badge of quality and ingenuity. “Ver” / “verde” signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy. Supported by the Company Purpose, The Energy to Change the World, GE Vernova will help deliver a more affordable, reliable, sustainable, and secure energy future.
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