Toyoda Gosei Invests in E-ThermoGentek, a Specialist in Thermoelectric Power Generation

Source: www.gulfoilandgas.com 9/22/2021, Location: Asia

Toyoda Gosei Co., Ltd. (TOKYO:7282) invested in startup E-ThermoGentek Co., Ltd., which possesses original thermoelectric power generation technology that converts heat to electricity, in August 2021. As it moves toward achieving carbon neutrality by 2050, Toyoda Gosei is switching to the latest energy-saving equipment and machinery and expanding its use of renewable energy. One aspect of this is for the company to generate its own power using solar and geothermal sources. This investment will allow Toyoda Gosei to collaborate with E-ThermoGentek in developing power generation systems for effective use of the thermal energy emitted in the molding and processing of rubber and plastics, its main products.


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