PWC News
Friday, May 8, 2026
No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
No Result
View All Result
PWC News
No Result
View All Result

Japan expands collaboration with foreign entrepreneurs by promoting Welsh startups

Home ESG Business
Share on FacebookShare on Twitter


J-STORIES – From a shared love of rugby to shaping innovation, Japan and Wales kicked off 2025 with a showcase of contemporary concepts and partnerships. The Welsh Startup Pitch and Networking occasion, held in Kitakyushu final month, aimed to strengthen cultural and financial ties whereas supporting Japan’s push for overseas funding. 

Kitakyushu was as soon as closely economically tied to coal mining, much like South Wales. As Japan shifted away from coal within the mid-Twentieth century, Kitakyushu confronted a shrinking economic system. In response, the town diversified into vehicle manufacturing, robotics, and environmental expertise. 

As we speak, Kitakyushu is a key participant in Japan’s inexperienced expertise and superior manufacturing, efficiently transitioning from a coal-based economic system to an industrial powerhouse.

A ship enters a port situated in Kitakyushu, Japan     Supply: © Richie Chan/ Adobe Inventory

In 2019, a friendship between Kitakyushu rugby followers and Wales was cast when the Wales nationwide crew selected the town for its pre-tournament base. An open coaching session at Kitakyushu’s Mikuni World Stadium, Wales’ pre-World Cup coaching base, attracted an astonishing 15,000-plus followers.

The locals hospitality moved the crew’s earlier head coach Warren Gatland. “For the gamers to see all of the flags and posters round city has been fairly humbling. It’s sensible that the town has acquired behind us. Satirically, there are such a lot of similarities between Kitakyushu and Wales when it comes to the historical past of the mining business and the ports.”

‘Wales and Japan 2025’ is a year-long marketing campaign by the Welsh authorities to stimulate new financial and cultural partnerships between the 2 nations, bringing long-lasting advantages to each international locations. Two promising Welsh startups have been invited to Kitakyushu to attend the Welsh Startup Pitch and Networking Occasion.

Osian Roberts (fourth from right), commercial manager of HydroWing, poses for a photo with staff during their visit to Kitakyushu Port     Source: HydroWing (Same below)
Osian Roberts (fourth from proper), business supervisor of HydroWing, poses for a photograph with employees throughout their go to to Kitakyushu Port     Supply: HydroWing (Identical beneath)

HydroWing, a tidal power startup from Wales, advised J-Tales that they’d obtained a heat welcome from locals. They felt that though greater than 5 years had handed because the World Cup, the hospitality for Welsh guests had not waned.

Osian Roberts, Industrial Supervisor of HydroWing, stated, “They understood our wants rather well” and felt “tremendous welcome.”

A chart outlining the innovations that set HydroWing apart from competitors. 
A chart outlining the improvements that set HydroWing other than opponents. 

HydroWing is targeted on producing clear power by means of specialised followers that harness the facility of the tides. In contrast to different main tidal power producers, their modern expertise makes use of a compact mechanism with blade configurations that change path mechanically primarily based on water stream. The compact design “makes the fee cheaper than everybody else to put in, and far faster,” says Roberts. 

A virtual model of Hydrowing’s tidal energy generator
A digital mannequin of Hydrowing’s tidal power generator

HydroWing hopes that Kitakyushu, being a serious port with proximity to main cities in inexperienced power, can undertake its tidal power resolution. Specifically, the Goto Islands, situated roughly 270km to the south, are additionally a robust candidate for green-energy startups. 

The Renewable Power Primary Plan of Goto Metropolis was enacted in 2014, selling the Goto Islands because the “Islands of Power,” specializing in tidal and wind power. By 2030, the Goto Islands plan to have a renewable power output of 132.4%, thus changing into an exporter of unpolluted power.

A beach in the Goto Islands     Source: Goto City 
A seashore within the Goto Islands     Supply: Goto Metropolis 

Kitakyushu Metropolis lately introduced its plan to take a position ¥100 million yen right into a startup fund formally launching in April of 2025. The fund will particularly purpose to reinforce tourism, help ladies’s initiatives, and promote sustainability. A brand new sustainability technique workplace might be established, which might support startups like HydroWing in implementing their initiatives inside the space.

HydroWing sees Kitakyushu as a strategic location. “If our initiatives transfer ahead, we’d use its port as a base for operations,” stated Roberts. “Japan’s geography makes it a great marketplace for tidal power. If land-based renewables are restricted, the ocean turns into the subsequent logical choice,” he continued.

A map outlining Kitakyushu City     Source: © Somar / Adobe Stock        
A map outlining Kitakyushu Metropolis     Supply: © Somar / Adobe Inventory        

HydroWing employees attended the Welsh Startup Pitch and Networking Occasion to discover alternatives for collaboration and enlargement within the Japanese market. Whereas in Tokyo, they met with a serious Japanese oil and gasoline firm about transitioning to renewables and a big banking company that might assist finance future initiatives.

HydroWing’s curiosity in Japan goes past its geographical entry to the ocean. “I feel utility corporations in Japan, in addition to oil and gasoline majors, are extra fascinated with diversifying their portfolios to include new renewable power sources,” Roberts says.

Regardless of encountering challenges with the bureaucratic course of to acquire marine licensing permission in Japan, “In Wales, you’ve got in all probability acquired to try this your self as a expertise developer. It might simply be simpler to get from a venture concept to venture implementation in Japan,” he explains

After the 2011 Fukushima Daiichi nuclear energy plant catastrophe, the decision for Japan to transition away from nuclear power grew considerably. From 2010 to 2023, Japan has decreased its power derived from nuclear energy vegetation by greater than 70%. 

“There’s extra of a draw for tidal power in Japan. Wales will simply go nuclear,” explains Roberts.

Japan’s efforts to welcome overseas entrepreneurs transcend Wales and Japan 2025. Organizations akin to JETRO (Japan Exterior Commerce Group) actively help world startups by offering alternatives to hitch the Japanese market, akin to networking and monetary incentives. A five-year plan introduced in 2022 by JETRO will make investments ¥10 trillion in startups by 2027.

Whereas the push to open Japan’s doorways is regular, challenges such because the language barrier and cultural variations could make it troublesome for abroad companies to navigate the Japanese market. But, collaborative occasions like ‘Wales and Japan 2025’ make it simpler for overseas buyers to become involved in Japan’s evolving market.

“We have now a possibility to entry a worldwide market of 53 billion kilos yearly. There are large alternatives for progress,” says Roberts

Written by Lucas Maltzman

Edited by Takonori Isshiki, Randy Wagenheim    

For inquiries relating to this text, please contact [email protected]



Source link

Tags: CollaborationEntrepreneursexpandsforeignJapanpromotingstartupsWelsh
Previous Post

Finance Friday: Chasing FIRE by 35 WHILE Supporting Extra Family Members

Next Post

Luck vs. Skill: Great Investment Leaders Know the Difference

Related Posts

Moeve, Accenture Partner on Industrial Decarbonization Solutions – ESG Today
ESG Business

Moeve, Accenture Partner on Industrial Decarbonization Solutions – ESG Today

May 7, 2026
Moment Energy Raises  Million to Power Data Centers, Industry with Used EV Batteries – ESG Today
ESG Business

Moment Energy Raises $40 Million to Power Data Centers, Industry with Used EV Batteries – ESG Today

May 6, 2026
Persefoni Launches Agentic AI to Help Companies Analyze Carbon Footprint – ESG Today
ESG Business

Persefoni Launches Agentic AI to Help Companies Analyze Carbon Footprint – ESG Today

May 5, 2026
ADB Launches Financing Initiative to Scale Critical Minerals Supply Chains in Asia – ESG Today
ESG Business

ADB Launches Financing Initiative to Scale Critical Minerals Supply Chains in Asia – ESG Today

May 4, 2026
France Unveils Roadmap to Quit Fossil Fuels by 2050 – ESG Today
ESG Business

France Unveils Roadmap to Quit Fossil Fuels by 2050 – ESG Today

May 1, 2026
CIP Launches New European Renewable Energy Platform Following Ørsted Onshore Acquisition – ESG Today
ESG Business

CIP Launches New European Renewable Energy Platform Following Ørsted Onshore Acquisition – ESG Today

May 3, 2026
Next Post
Luck vs. Skill: Great Investment Leaders Know the Difference

Luck vs. Skill: Great Investment Leaders Know the Difference

Further tax increases loom after Rachel Reeves’ borrowing blow

Further tax increases loom after Rachel Reeves' borrowing blow

Kanye West plans to drop $YZY token and owns 70% of stake after saying ‘coins prey on fans with hype’

Kanye West plans to drop $YZY token and owns 70% of stake after saying 'coins prey on fans with hype'

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Coinbase Solidifying Position as Crypto Powerhouse – Nanalyze
Markets

Coinbase Solidifying Position as Crypto Powerhouse – Nanalyze

by PWC
May 8, 2026
0

Each disruptive know-how follows the same trajectory which is commonly described utilizing the Gartner Hype Cycle. The “peak of inflated...

Is the Damage Permanent? – 2GreenEnergy.com

Is the Damage Permanent? – 2GreenEnergy.com

May 6, 2026
Stocks Hit Highs on Big Tech Earnings as US Dollar Weakens | Investing.com

Stocks Hit Highs on Big Tech Earnings as US Dollar Weakens | Investing.com

May 6, 2026
PSEB Class 12 Result 2026 Date: When will the board announce results at pseb.ac.in? Check the latest update

PSEB Class 12 Result 2026 Date: When will the board announce results at pseb.ac.in? Check the latest update

May 8, 2026
Monthly Dividend Stock In Focus: Capital Southwest Corp. – Sure Dividend

Monthly Dividend Stock In Focus: Capital Southwest Corp. – Sure Dividend

May 5, 2026
Brent Hoberman: We need a ‘British dream’ – and more talented immigrants

Brent Hoberman: We need a ‘British dream’ – and more talented immigrants

May 8, 2026
PWC News

Copyright © 2024 PWC.

Your Trusted Source for ESG, Corporate, and Financial Insights

  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis

Copyright © 2024 PWC.