Weekly renewables M&A round-up (May 23-27)
May 27, 2022 17:26 CESTJune 15 (Renewables Now) - A six-member group led by Toda Corporation (TYO:1860) has won a tender in Japan to build a 16.8-MW floating wind farm off the coast of Nagasaki Prefecture.
The consortium known as Goto City Offshore Wind Power Generation LLC consists of Toda, Osaka Gas Co Ltd (TYO:9532), Kansai Electric Power Co Inc (TYO:9503), Chubu Electric Power Co Inc (TYO:9502) and units of Eneos Holdings Inc (TYO:5020) and Inpex Corp (TYO:1605). It was the only bidder in the auction, which was launched a year ago. At the time it was announced that the tender was capped at JPY 36 (USD 0.33/EUR 0.27) per kWh.
The competition was the first one under a law adopted in 2019 to promote offshore wind developments. The government then designated specific areas suitable for offshore wind projects, enabling developers to use the zones for 30 years.
Late last year, the state also kicked off the first tender for the construction of bottom-fixed offshore wind parks in designated areas off Akita Prefecture -- Noshiro (Mitane Town and Oga City), Yurihonjo City North and Yurihonjo City South -- along with a site off Choshi City, Chiba Prefecture.
(JPY 10 = USD 0.908/EUR 0.750)
Weekly renewables M&A round-up (May 23-27)
May 27, 2022 17:26 CESTDuke Energy equips Hawaii university with solar and storage
May 27, 2022 17:17 CESTUS stays atop EY renewables attractiveness index, Spain heads PPA chart
May 27, 2022 16:32 CESTSavannah Energy to develop up to 500 MW of renewables in Chad
May 27, 2022 16:08 CESTCelsia building 260 MW of solar farms in Colombia
May 27, 2022 15:51 CESTAgrana, RWA equip Austrian fruit juice concentrate plant with solar modules
May 27, 2022 15:36 CEST