U.S. markets closed
  • S&P 500

    4,594.62
    -106.84 (-2.27%)
     
  • Dow 30

    34,899.34
    -905.06 (-2.53%)
     
  • Nasdaq

    15,491.66
    -353.54 (-2.23%)
     
  • Russell 2000

    2,245.94
    -85.52 (-3.67%)
     
  • Crude Oil

    68.17
    -10.22 (-13.04%)
     
  • Gold

    1,792.30
    +8.00 (+0.45%)
     
  • Silver

    23.15
    -0.35 (-1.49%)
     
  • EUR/USD

    1.1326
    +0.0114 (+1.02%)
     
  • 10-Yr Bond

    1.4820
    -0.1630 (-9.91%)
     
  • GBP/USD

    1.3325
    +0.0005 (+0.04%)
     
  • USD/JPY

    113.4710
    -1.8680 (-1.62%)
     
  • BTC-USD

    54,542.28
    -402.68 (-0.73%)
     
  • CMC Crypto 200

    1,365.60
    -89.81 (-6.17%)
     
  • FTSE 100

    7,044.03
    -266.34 (-3.64%)
     
  • Nikkei 225

    28,751.62
    -747.68 (-2.53%)
     

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

  • Oops!
    Something went wrong.
    Please try again later.
·1 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

KIYOSU, Japan, September 22, 2021--(BUSINESS WIRE)--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.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210921006204/en/

The flexible power generation module "Flexina"® (Photo: Business Wire)

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.

Outline of E-ThermoGentek

Name

E-ThermoGentek Co., Ltd.

Location

102 Kujo CID Bldg.

13 Shimotonodacho, Higashikujo, Minami-ku, Kyoto, Japan

President

Shutaro Nambu

Established

February 2013

Capital

JPY 326.72 million

(as of August 31, 2021)

E-ThermoGentek original technology

This, flexible power generation module "Flexina"® can be attached along the contour of piping, equipment and machinery to efficiently convert heat into electricity.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210921006204/en/

Contacts

Toyoda Gosei Co., Ltd.
Contact: Public Relations
Takatomo Abe
inquiry@mail.toyoda-gosei.co.jp