Japanese Companies Forge Offshore Wind Pact

  • Business & Finance

Japanese utility JERA and the engineering firm Shimizu Corporation have entered into a Memorandum of Understanding to collaborate within the offshore wind power generation business.

JERA and Shimizu will explore ways to utilize their respective know-how and resources in the offshore wind power generation business to collaborate on related projects in Japan and overseas.

Based on the MOU, both companies will move forward to prepare for the Japanese government-conducted public tenders related to the development of offshore wind power projects in Akita Prefecture and elsewhere in Japan.

Both companies will also continue to search for suitable locations and evaluate technologies with the goal of further project development.

JERA will leverage its experience in large-scale power development to develop offshore wind power projects. Through its participation in projects in the United Kingdom and Taiwan, and involvement in projects at different stages of development, JERA continues to accumulate expertise in the construction and operation of offshore wind power projects, the company said.

Shimizu is aiming to achieve the top market share in offshore wind farm construction by leveraging its expertise in the design and construction of onshore and offshore wind power generation facilities and the self-elevating platform vessel that the company is currently constructing.

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