“CleanArc” and 9 Other Products Approved to be (I) Factories and Business Establishments-type“ Advanced Equipment and Systems Eligible for Subsidies under Energy-Saving nvestment Promotion and Demand Structure Transformation Support Project in FY2023 Supplementary Budget

25. May, 2024

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 We are pleased to announce that our nine products listed below have been approved to be “(I) Factories and Business Establishments-type” Advanced Equipment and Systems eligible for subsidies under the energy-saving investment promotion and demand structure transformation support projects in the FY2023 supplementary budget. Among them, “CleanArc” is expected to be a system that contributes to power system stabilization and productivity improvement of high-power electric furnace steelmaking facilities.
 With the aim of achieving carbon neutrality by 2050, the subsidies are intended to provide focused support for advanced technologies, expected to have high energy-saving potential, that the Agency for Natural Resources and Energy finds from the market. Businesses can receive subsidies by meeting certain energy-saving requirements when installing the approved equipment.
 We will contribute to the realization of a decarbonized society by making our energy-saving technologies widely available to our customers through this program.

Subsidies under Energy-Saving Investment Promotion and Demand Structure Transformation Support Project in Supplementary Budget for FY2023
“(I) Factories and Business Establishments-type” Advanced equipment and systems

◎Spco-ROBO KNIGHT (temperature measurement and sampling robot)

◎Turn Coil

◎ECOARC™ Series of Environmentally Friendly High Efficiency Arc Furnaces

◎PFR Furnace (Parallel Flow Regenerative kiln) for small grains

◎Hot Direct Rolling (HDR) for bar steel rolling

◎Spco-EcoLaserNavi

◎AUTO-ARC (Smart Hotspot Control) AUTO-ARC (Spco-HOTSPOT)

◎AUTO-ARC (Arc Furnace Melting Control System) AUTO-ARC (Spco-MELT)

◎New Power Supply System for Arc Furnaces “CleanArc”

Public Invitation by: Sustainable open Innovation Initiative, general incorporated association
Project Summary: Subsidies for Energy-Saving Investment Promotion and Demand Structure Transformation Support Project in FY2023 Supplementary Budget

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