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Sparx Group Co ( (JP:8739) ) has shared an announcement.
SPARX Group Co., Ltd. has completed the construction of a hydrogen production plant in Tomakomai, Hokkaido, as part of a pilot project to establish a hydrogen supply chain. The facility, which utilizes renewable energy from solar and waste power generation, aims to produce up to one million cubic meters of green hydrogen per year. This initiative is supported by Japan’s Ministry of the Environment and positions SPARX as a pioneer in renewable hydrogen, with potential implications for local industries and broader hydrogen utilization possibilities.
More about Sparx Group Co
SPARX Group Co., Ltd. is a company listed on the Tokyo Stock Exchange, operating in the renewable energy sector with a focus on hydrogen production and supply chain development. Through its subsidiary SPARX Green Energy & Technology Co., Ltd., it aims to advance green hydrogen initiatives and explore new utilization possibilities within this market.
YTD Price Performance: 6.93%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $326.7M
See more data about 8739 stock on TipRanks’ Stock Analysis page.
