This valve is used to purge the charcoal canister. As coolant temp goes above 130degreees F the valve opens and the engine vacuum pulls the stored vapors from the canister.
You may use the normally closed blue colored valve (from the junk yard) from 81 to 87 Cressida or Supra (NOT FROM 87-90 CARBURATED TERCEL as it normally OPEN) It looks a little different but will work.
YOU CAN GET MORE INFO ABOUT THIS PART FROM
www.ThePartsBin.com by using the first part number in part number search.
Prior to the installation make sure it opens when heated and stays closed when cold.