Domestic and international lenders are vying for a slice of Japan’s nascent offshore wind power sector, which is expected to provide as much as ¥3trn (US$29bn) in project financing opportunities, albeit at very low margins. Akita Offshore Wind…
Offshore wind turbine specialist MHI Vestas has appointed Masato Yamada as Regional Manager Asia Pacific to facilitate broader growth across the region.The company, a joint venture between Denmark's Vestas and Japan's Mitsubishi Heavy Industries…
Marubeni Corp and its partners have signed a project finance agreement with banks to build and operate offshore wind farms in northern Japan, the Japanese trading house said on Monday. Marubeni said the 100 billion yen ($921 million) plan to…
Japanese companies Jera Corporation and Shimizu Corporation have signed a memorandum of understanding (MoU) to cooperate on offshore wind projects.The MOU provides that the energy group Jera and engineering specialist Shimizu will explore ways…
Siemens Gamesa Renewable Energy (SGRE) has secured its first preferred supplier nomination in the Japanese offshore wind sector, winning a preferred supplier status for a 455-MW project in Akita prefecture.The agreement with Obayashi Corporation currently includes using SG 8…
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