Not long after the Fukushima Daichii nuclear disaster took place in Japan last March, the government has been looking forward to use other sources of energy, due to the wide spread panic and concern. One of the most interesting approaches is that of the geothermal energy, which they could use not only to create electricity but also for heating services. They have been setting their sight on Iceland, as they have lots of experience with this sort of energy, which they have been using since 1973 (they currently have seven geothermal plants which provide 22% of the country's electricity output)
Iceland is willing to help too, as they know how to implement this sort of plant, and because they have interest in settling down a better deal in terms of trading the necessary turbines (Japanese companies such as Fuji Electric or Mitsubishi actually develop 80% of the global production of these).
Iceland and Japan mean to work together not only for their mutual benefit but also to encourage other nations to do the exact same thing. With Iceland experience in the field and Japanese technologic advantage, the international community would be able to grow towards a more "eco-friendly" and safer place to live. However, this kind of energy source is not as powerful as the nuclear one, for example, so the chances of moving on towards renewable energies are still scarce. Japan has suffered the unsustainable damages of a not so massive but still important nuclear leak, and so it has learnt the lesson. Although, in order to achieve this new goal they will need not only governmental support but also huge investment rates, specially at the beginning. Unfortunately, being aware of the current international situation we can predict that these changes are not likely to be implemented in the near future, as there are always other global issues that must be solved "à toute vitesse".
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