1155 results found for 'Japan'

1155 results found for 'Japan'
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  • 27 January 2025
    Business & Finance, Contracts & Tenders, Equipment, Fixed-Bottom, Supply Chain, Vessels

    Penta-Ocean Construction has awarded Huisman a contract for the delivery of a 5,000-tonne tub-mounted crane and a monopile handling system for its new heavy lift vessel (HLV), designed by Ulstein. The HLV is tailored for the Japanese offshore wind market and is said to be “the world’s first fully integrated heavy lift vessel.” Penta-Ocean decided […]

  • 7 January 2025
    Business & Finance

    The European Commission (EC) has approved the acquisition of joint control of EEW Offshore Wind EU by EEW Holding and Japanese trader Sumitomo Corporation. The transaction relates primarily to the manufacturing of large steel tubes used in the construction of offshore wind farms. The Commission concluded that the notified transaction would not raise competition concerns, […]

  • 5 October 2023
    Business & Finance, Industry

    Japanese shipping company Mitsui O.S.K. Lines (MOL) has become a shareholder in the Norwegian floating offshore wind technology developer, Odfjell Oceanwind. According to Odfjell Oceanwind, the transaction generates significant capital which will be used to further strengthen the company’s position in floating offshore wind technologies. Odfjell Technology, combined with the Odfjell family’s direct investment, will […]

  • 1 August 2023
    Collaboration, Contracts & Tenders, Floating Wind, Outlook & Strategy

    Japanese utility Kansai Electric Power Corporation (KEPCO) has joined the DemoSATH floating offshore wind turbine project, located in Spain, as a strategic partner and co-investor. “Our partnership with KEPCO marks a significant milestone for the DemoSATH project. KEPCO’s vast experience and considerable resources amplify our capabilities, bringing a new level of expertise to our collective […]

  • 30 October 2020
    Vessels

    United Wind Logistics (UWL) has taken delivery of the second of the two deck carriers on long-term charters with MHI Vestas Offshore Wind. MV BraveWind is the sister vessel to MV BoldWind, which was delivered earlier this year. Both vessels were built at Jiangsu Zhenjiang Shipyard in China. MHI Vestas will use the vessels to […]

  • 1 January 2024
    Business & Finance, Contracts & Tenders, Fixed-Bottom, Industry, Operations & Maintenance, Planning & Permitting, Project Updates, Supply Chain, Technology, Wind Farm Update, Wind Turbines

    Updates on wind turbine technology and new offshore wind projects, including those facing major challenges, marked 2023 on offshoreWIND.biz. In the article below, we have compiled our ten most-read news last year, together with some of their related updates and stories. In February 2023, Vestas revealed plans to scale up a new chemical process that […]

  • 28 May 2024
    Business & Finance, Business development, Industry

    Integrated Wind Solutions (IWS) has entered into a strategic partnership agreement with Sumitomo Corporation for the Japanese company to take a 25.38 per cent stake in IWS’s subsidiary IWS Fleet. IWS Fleet will raise EUR 60 million in equity by issuing new shares to Sumitomo Corporation based on a pre-money valuation of EUR 176 million. […]

  • 16 May 2022
    Business & Finance, Technology

    Dutch floating wind technology developer TouchWind and Japanese shipping company Mitsui O.S.K. Lines (MOL) have joined forces on the development of TouchWind’s floating wind technology. The companies have signed a Memorandum of Understanding (MoU) under which they will collaborate on developing TouchWind’s floating wind turbine with a tilting angled one-piece rotor which, according to the […]

  • 25 March 2020
    Business & Finance

    Mitsubishi Corporation and Chubu Electric Power have completed the acquisition of the Dutch energy company Eneco. The two Japanese companies have now, through their special purpose company, Diamond Chubu Europe B.V, acquired all of the shares of Eneco. The total value of this acquisition is EUR 4.1 billion, the companies said. Mitsubishi will control an […]

  • 2 August 2023
    Collaboration, Floating Wind, Outlook & Strategy

    Japanese utility Kansai Electric Power Corporation (KEPCO) and Ingka Investments, the investment arm of Ingka Group, have joined the UtsiraVIND consortium, which will be bidding in the upcoming tender in Norway for the Utsira Nord area. The UtsiraVIND consortium originated as a partnership between Odfjell Oceanwind, a Norwegian provider of floating offshore wind technologies, and Source Galileo, […]

  • 27 November 2020
    Authorities, Business & Finance

    The European Commission has approved the transaction through which Vestas will take full ownership of MHI Vestas Offshore Wind. Back in October, Vestas and Mitsubishi Heavy Industries signed an agreement where Vestas would acquire MHI’s 50 per cent share of the MHI Vestas joint venture. In exchange, MHI would receive shares corresponding to 2.5 per […]

  • 27 September 2023
    Vessels

    PKY Marine, a joint venture (JV) between Penta-Ocean Construction, Kajima Corporation, and Yorigami Maritime Construction, has taken delivery of its new Multipurpose Self-Elevating Platform(SEP) vessel, named CP-16001. The vessel is 120 metres long and 45 metres wide, with a maximum capacity of 100 people, equipped with a large, fully-revolving crane with a 1,600-tonne lifting capacity […]

  • 12 September 2023
    Business & Finance, Business development, Collaboration, Floating Wind, Outlook & Strategy, R&D, Research & Development, Technology

    Japanese shipping company Mitsui O.S.K. Lines (MOL) has revealed that it will invest in Dutch floating wind technology developer TouchWind and will obtain a minority share in the company. TouchWind is developing a floating wind turbine with a tilting, angled one-piece rotor. A small-scale prototype was installed in May at Fieldlab Green Economy Westvoorne in […]

  • 10 May 2023
    Business development, Collaboration, Innovation, Research & Development, Technology

    Dutch start-up TouchWind, the developer of a floating wind turbine with a tilting, angled one–piece rotor, is installing a small–scale prototype at Fieldlab Green Economy Westvoorne, the Netherlands, for testing that is set to start this month. The field lab, located on the north bank of the Oostvoornse Lake in the southwest of the Netherlands, facilitates underwater and nearshore research for […]

  • 22 June 2020
    Business & Finance

    Japanese utility JERA, French state-owned investment company ADEME Investissement, and Ideol have teamed up to develop commercial-scale floating offshore wind projects. The parties agreed on the key terms for the establishment of an investment vehicle dedicated to the financing of the development phase of at least 2 GW of projects using Ideol’s Damping Pool technology. According […]

  • 26 November 2019
    Business & Finance

    A consortium of Mitsubishi Corporation and Chubu has reached an agreement with the Dutch energy company Eneco on the proposed sale of all shares in Eneco for a total equity value of EUR 4.1 billion. Mitsubishi will control an 80% stake in Eneco, with Chubu holding the remaining 20%. Mitsubishi also plans to transfer part […]

  • 23 June 2021
    Grid Connection, Technology

    BW Ideol and Hitachi ABB Power Grids have partnered to develop scalable floating substations for floating wind farms. The substations will consist of BW Ideol’s shallow-draft floating platforms and transformers, switchgear and other high-voltage products specially developed by Hitachi ABB Power Grids. “We are accelerating the delivery of a market-ready floating substation offering and solution […]

  • 10 October 2019
    Training & Education

    SeaRoc Group has delivered marine coordination training to JGC at its office in Chichester, the UK. According to SeaRoc, JGC is the first Japanese EPC contractor to complete the course, and partnering discussions are ongoing to strengthen the relationship between the companies. During the five-day training, the JGC team was provided with techniques of marine coordination, […]

  • 27 April 2012

    Leaders from the 23-government Clean Energy Ministerial (CEM) and the United Nations (UN) Secretary-General’s Sustainable Energy for All (SE4All) initiative today outlined specific commitments by participating countries and private sector leaders which will promote improved energy efficiency, renewable energy technologies, and increased energy access around the world. The commitments build on two years of work […]

  • 27 April 2022
    Contracts & Tenders

    Tokyo-headquartered RENOVA and Petrovietnam Technical Services Corporation (PTSC) have signed a Memorandum of Understanding (MoU) to collaborate on an offshore wind project in Vietnam. Under the agreement, the two companies will form a cooperative relationship on scouting, preparation, offshore survey, development, construction, implementation, and O&M of the offshore wind project in Vietnam with a view […]

  • 31 May 2022
    Authorities

    The Group of Seven (G7) has launched the G7 Hydrogen Action Pact (G7-HAP), a joint initiative on low-carbon and renewable hydrogen, and its derivatives such as ammonia. The pact comes on the heels of the recently signed declarations through which some of the seven countries vowed to up their energy transition game and entered collaborations […]

  • 14 October 2022
    Business & Finance

    The original article published on 14 October has been updated following the news that BP has qualified as an eligible bidder for the first offshore wind lease sale in California. BP is advertising a new opening in its offshore wind business, this time looking for the Head of Floating Offshore Wind, who will develop and lead […]

  • 17 February 2022
    Business & Finance

    Floating wind technology development will enable the levelised cost of energy (LCOE) to drop below USD 100/MWh by 2025 and under USD 40/MWh in 2050, which will further drive, together with some other factors, an increase in cumulative installed capacity to 264 GW by 2050, according to a report from DNV. With global installed offshore […]

  • 20 January 2022
    Business & Finance

    The following is a guest post by Westwood Global Energy Group’s Senior Analysts Michelle Gomez, Bahzad Ayoub and Ruth Chen. The offshore wind sector had another record-breaking year in 2021. Some 18.6 GW of capacity was put into operation – the industry’s highest level of annual capacity additions.   Mainland China’s push to bring capacity […]

  • 9 February 2021
    Business & Finance, Wind Farm Update

    Last year, 15 new offshore wind farms generated their first electricity and there are now 162 offshore wind farms up and running worldwide. Soon, 26 more that are under construction will join the global fleet. This is according to the Global Offshore Wind Report 2020 from World Forum Offshore Wind (WFO), which reports that 5,206 […]

  • 9 September 2021
    Business & Finance

    The Global Wind Energy Council (GWEC) expects 2021 to be the new record year for new offshore wind capacity installed globally. Last year, 6.1 GW of offshore wind capacity were installed globally, a slight decrease from a record 6.24 GW in 2019. With China’s offshore wind sector rushing to install 7.5 GW ahead of the […]