JAPAN'S SOJITZ AND ENEOS LAUNCH LARGE-SCALE SOLAR POWER PLANT IN AUSTRALIA

Japanese trading house Sojitz (2768.T) and the country's top refiner, Eneos (5020.T), have launched a large-scale solar power plant in Queensland, Australia, the two companies said in a joint statement on Monday.

Japanese companies are investing in renewable energy projects worldwide to diversify their portfolios to meet "net zero" targets and bring overseas experience back home to reduce reliance on fossil fuels.