Australia eyes more clean energy deals with Japan

“The future of our bilateral economic relationship is bright, as we look at ways to transform and decarbonise our economies through the use of clean energy technologies and supply chains,” he said.The annual Australia-Japan Joint Business Conference will be held in Tokyo in early October, with executives from the Japanese and Australian governments and dozens of senior business figures expected to attend in person for the first time since the pandemic.Australian coal, iron ore and LNG make up the bulk of exports to the world’s third-largest economy, but Japanese investors are increasingly focused on clean energy projects in Australia.Japan contributed $116 billion in foreign direct investment to Australia in 2019. In 2018-19, two-way goods and services trade was $88.5 billion.The Australian and Japanese governments in 2020 signed a statement of co-operation on hydrogen and fuel…

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