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Tokyo Gas to Join JV for Offshore Wind Projects in Japan

Source: www.gulfoilandgas.com 11/25/2020, Location: Asia

Northland Power and Shizen Energy have announced that Tokyo Gas has joined the joint venture established by Shizen Energy and Northland in 2019 for the development of offshore wind projects in Chiba Prefecture, Japan.

In conjunction with this alliance, each of the partners will be a shareholder of Chiba Offshore Wind Inc. (COW), the development vehicle for the projects.

Management and employees from each of the three companies are working together on the projects, with a combined team of more than 30 people.COW is developing the projects off the Pacific Ocean coastline of Chiba Prefecture, with the target to achieve promising area designation.

Tokyo Gas is Japan's largest provider of city gas with a proven track record of supplying energy to many customers, mainly in the Tokyo metropolitan area. The company will continue expanding its renewable power business, both domestically and overseas, to achieve its renewable power transaction volume target of 5GW by 2030. The aim of the company is to achieve its 'Net Zero CO2' objective as set out in the Group Management Vision, 'Compass 2030'.

Northland Power is a global developer, owner and operator of sustainable infrastructure assets, having extensive expertise and experience in offshore wind development. Shizen Energy has contributed to the development of approx. 1 GW worth of renewable energy domestically and overseas.

Wind Energy News in Japan >>

Poland >>  1/18/2021 - The Taaleri SolarWind II fund has, together with Masdar, one of the world’s leading renewable energy companies, acquired 100% ownership of the Mlawa a...
Scotland >>  1/18/2021 - Rovco is now in contract to perform subsea work on Scotland’s largest operational Offshore Wind Farm, Beatrice. ...

United Kingdom >>  1/18/2021 - Ørsted has announced its participation in the forthcoming ScotWind leasing round, Crown Estate Scotland’s first round of seabed leasing for offshore w...
Canada >>  1/15/2021 - Boralex Inc. announces the closing of a transaction to redeem the minority shares of its partner, Aeolis Wind Power Corporation (“Aeolis”), in the Moo...

Spain >>  1/15/2021 - Enel Green Power Espana (EGPE) has connected the 24 MW San Francisco de Borja wind farm to the grid in the areas of Borja and Fréscano, in the provinc...
Sweden >>  1/15/2021 - Downing Renewables & Infrastructure Trust plc ("DORE") has signed an exclusivity agreement with Bagnall Energy Limited ("Bagnall") in relation to a pr...




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