Japan chooses JRE, Ibedrola, Tohoku Electric for offshore wind farm [Reuters]
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Source: Reuters
Electric Power (9506.T) , opens new tab as the wind power operator for an offshore block tendered in a second round of auctions, it said on Friday. The 375-megawatt (MW) wind farm is located off the coast of Happo-Noshiro in Akita prefecture in northern Japan and is part of Japan's efforts to grow its offshore wind market to 10 gigawatt (GW) by 2030, and up to 45 GW by 2040. Danish wind turbine maker Vestas (VWS.CO) , opens new tab will provide turbines for the Happo-Noshiro project that should be launched in June 2029, the government's statement said. The second major public auctions round aims to build a total of 1.8 GW of capacity across four blocks. Iberdrola is the second foreign company to win an offshore wind farm in Japan following the auction. In December, the government announced German renewable energy company RWE (RWEG.DE) , opens new tab was awarded another block, also in partnership with local players, and made public the winners of three other wind farms. Ea
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