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Japanese Gov't Awards $1.62 Bln To Japan-Australia Hydrogen Energy Supply JV

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The towering wave next to Mt Fuji – doesn’t it just remind you of Hokusai’s ‘Great Wave off Kanagawa’?

Call us biased but Japan does get all the good stuff. From Starbucks's exclusive cherry blossom drinkware collections to unique KitKat flavours, Japan offers a host of covetable souvenirs and merchandise that are only available here in the land of the rising sun.

Joining the long list of Japan-only collectibles is Coca-Cola’s new Mt Fuji bottle. This 125ml souvenir bottle is obviously inspired by arguably the most iconic Japanese artwork in the world: ukiyo-e master Hokusai’s ‘Great Wave off Kanagawa’.

The eye-catching red bottle features soaring waves next to Mt Fuji, an imagery reminiscent of Hokusai’s 1831 woodblock print. This special Japanese Pattern Design Coca-Cola Slim Bottle, as it’s called, is only available in Japan (except Okinawa). You should be able to find it at all major stores in the city (perhaps the mega Donki in Shibuya?), with a recommended retail price of ¥125. 
 
The move, initially flagged at the Asia Zero Emission Community's (AZEC) first ministerial meeting on Saturday, comes as part of Japan's push to accelerate its efforts to decarbonise Asia's economies and combat climate change.

Japanese companies, including KHI and Iwatani Corp (8088.T), have agreed to jointly create Japan's first hydrogen supply chain between Australia's Victoria state and Kawasaki, an industrialised city near Tokyo, to advance energy transition toward a cleaner society, Industry Minister Yasutoshi Nishimura said on Saturday.

Under the HESC project, Electric Power Development (J-Power) (9513.T) and Sumitomo Corp (8053.T) will produce hydrogen through coal gasification using carbon capture and storage (CCS) in Gippsland, Victoria.

KHI and Iwatani will oversee the liquefaction, loading, transportation and unloading of hydrogen to Japan.

The 220 billion yen fund will come from the Japanese government's Green Innovation Fund.
 
 

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