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MOL PLUS, a corporate venture capital fund firm wholly owned by MOL, today announced its intent to invest in Digital Grid Corporation  which operates a platform for trading electric power derived from renewable energy.

Based on itsvision to “Create a world free from energy constraints,” Digital Grid has operated Japan’s first liberalized private electricity market, the Digital Grid Platform (DGP), since February 2020. MOL PLUS decided to invest in Digital Grid due to its confidence that DGP will succeed in advancing renewable energy and contributing to a decarbonized society.

MOL PLUS continually works to generate synergetic effects based on startup companies’ innovative ideas and technologies and the MOL Group’s resources through investment in and collaboration with startups, aiming to create new businesses that PLUS new value to the ocean shipping industry and society.

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