TEPCO and NTT Join Forces in "TNcross" Joint Venture
2018年4月23日 - 6:00PM
JCN Newswire (英)
Tokyo Electric Power Company Holdings, Inc. (TEPCO) and Nippon
Telegraph and Telephone Corporation (NTT) announced today the
launch of TNcross Corporation, a joint venture that will facilitate
cross-industrial innovation by leveraging the two industry leaders'
assets and know-how, including TEPCO's power-control technology and
NTT's ICT expertise.
The move is a business-diversity strategy, responding to changes in
the electrical power sector, such as decarbonization, depopulation
and the "Utility 3.0" democratization of electric power to promote
the economic and environmental benefits of clean energy.
Specific benefits expected from the partnership include:
1) Increased use of renewable energy and enhanced preparedness for
disasters
TNcross will develop businesses that lead to the increased
diffusion of renewable energy and the securing of external power
supply for responding to emergencies. This will involve the
effective utilization of NTT's telecommunications storage batteries
and TEPCO's transmission and distribution facilities, and
distributed power resources managed with advanced ICT.
2) New, highly-efficient energy infrastructure utilizing direct
current (DC)
TNcross will develop direct-current (DC) transmission and
distribution infrastructure and related energy services, such as
high-efficiency regional DC grids connected to NTT
telecommunications facilities.
3) Creation of new infrastructure for advanced services
TNcross will create new basic services based on power-ICT resources
that outside companies and municipalities will use to provide
advanced services that meet changing needs in the market and
society, such as Power-ICT related services necessary for smart
cities.
TEPCO CEO Tomoaki Kobayakawa said: "The electric power sector is
facing a massive transformation due to a number of disruptive
factors in the industry. By combining our respective
infrastructures and know-how to meet these changes, TEPCO and NTT
will develop meaningful services that benefit individuals,
businesses and society as a whole."
NTT CEO Hiroo Unoura said: "We are excited to be a partner of
TEPCO, a giant electric power infrastructure company. This
partnership will help NTT accelerate our strategy to utilize our
assets and capabilities not only for supporting ICT infrastructure
but also for solving social problems. Through this collaboration,
we will create opportunities for service providers in various
fields to deliver new value to end users. "
TNcross will begin operating in July.
About TEPCO
Tokyo Electric Power Company Holdings, Inc. (TSE:9501),
headquartered in Tokyo, Japan, is the largest utility in Japan
serving millions of homes and businesses. Worldwide the company has
more than 34 subsidiaries and 32 affiliates in 8 countries and
employs approximately 42,060 people. Consolidated revenue for the
fiscal year ending March 31, 2017, totaled 5.3 trillion Japanese
yen. The company was established in 1951 and is listed on the First
Section of the Tokyo Stock Exchange. For more information visit
http://www.tepco.co.jp/en/
About NTT
NTT Group delivers advanced technology and innovative solutions in
networking, software communications, and cloud computing that help
transform businesses, governments and societies around the world.
NTT Group will deliver convenient, enriched and reliable services
to support customers as a "Value Partner" that its customers will
continue to select. Today, 88% of Fortune 100 companies rely on NTT
Group as their business partner. NTT Group generates over $105
billion in annual revenues, has over 240 data centers and employs
more than 275,000 professionals working in 88 countries and
regions.
Overview of TEPCO-NTT Collaboration (TNcross Corp.)
https://www.acnnewswire.com/topimg/Low_TEPCO180423.jpg
New joint company data:
(1) Name: TNcross, Corporation
(2) Head Office: Tokyo
(3) Equity Capital: 100 million yen
(4) Shareholder distribution: TEPCO 50%, NTT 50%
(5) Date of Establishment: July 2, 2018 (schedule)
The company name uses initials from both companies (TEPCO, NTT)
together with the word 'cross' which refers to the goal of meeting
the eXpectation of customers and to provide them the added value of
eXcitement while utilizing the eXpertise of both companies as they
cross over.
(Reference) Company information:
TEPCO
(1) Name: Tokyo Electric Power Company Holdings, Incorporated
(2) Established: May 1, 1951
(3) Business Description: Supplier of electrical power, gas, heat,
and more
NTT
(1) Name: NIPPON TELEGRAPH AND TELEPHONE CORPORATION
(2) Established: April 1, 1985
(3) Business Description: Planning of NTT Group's management
strategy and promotion of research & development
Source: TEPCO
Copyright 2018 JCN Newswire . All rights reserved.