- Press Releases
December 27 (Renewables Now) - A couple of development consortia, all led by Mitsubishi Corp (TYO:8058), have secured the right to become operators of roughly 1,689 MW of offshore wind farms to be built in Japanese waters.
The partnership groups were selected for three projects in Japan's first auction for bottom-fixed offshore wind capacity the Ministry of Economy, Trade and Industry (METI) said on Friday.
The largest project is for an 819-MW wind farm that will be installed off the coast of Yurihonjo City, Akita Prefecture, and is due to go online in December 2030. The 65-turbine scheme was put forward by a tie-up between Mitsubishi Corporation Energy Solutions, Mitsubishi Corp, Venty Japan and C-Tech Corp, part of the Chubu Electric Power Group.
A consortium formed by Mitsubishi Corporation Energy Solutions, Mitsubishi Corp and C-Tech Corp will build a 478.8-MW complex off Noshiro City, Akita Prefecture. The 38 turbines are planned to begin operations in December 2028.
The third winning project calls for the construction of a 390.6-MW wind farm off the coast of Choshi City, Chiba Prefecture. Again, Mitsubishi Corporation Energy Solutions, Mitsubishi Corp and C-Tech Corp are behind the proposal. The 31-turbine park is expected to be switched on in September 2028.
All wind farms will be equipped with General Electric hardware.
The Choshi project drew a winning price of JPY 16.49 kWh (USD 0.144/EUR 0.127), while Noshiro and Yurihonjo were awarded at JPY 13.26 kWh and JPY 11.99 kWh, respectively.
The auction round closed on May 27, 2021. The Asian country aims to expand its offshore wind power installed capacity to 10 GW in 2030 and 30 GW-45 GW in 2040.
(JPY 100 = USD 0.874/EUR 0.771)