Sif Opens Tokyo Office
- Business & Finance
Dutch offshore foundations manufacturer Sif opened a sales office in Tokyo, Japan, on 5 September.
Te Roermond-headquartered company said that it has closely followed offshore wind market developments in Japan since 2015 and that it for that purpose teamed up with Japan’s Sato Tekko.
The Japanese government has since identified eleven sites with potential for offshore wind development.
Four of the eleven identified sites, mainly at the north-west and south-east of Japan’s main island, are now subject to geological surveys and preparatory work.
Earlier this year, Japan passed into law the Bill on promotion of use of territorial waters for offshore renewable energy generation facilities.
The law enables the development of offshore wind farms outside port-related areas. Once the tendering procedure starts, the successful candidates will be granted a 30-year lease to develop and operate wind farms at the designated areas.
According to Wood Mackenzie, Japan is expected to have 4GW of operational offshore wind capacity by 2028.