British electricity and gas supplier, Octopus Energy Group has announced a major strategic partnership with Tokyo Gas, one of Japan’s leading utilities to launch the Octopus Energy brand in Japan. It will be operated by TG Octopus Energy, a 30:70 joint venture backed by working capital and growth funding provided by Tokyo Gas.
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Pacifico Energy has started the construction of the 77 MW (DC) solar power plant in Ako-gun and Sayo-gun, in Japan. The commercial operations are expected to begin in 2023.
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Japan is set to develop between 30 GW and 45 GW of offshore wind power by the year 2040. This is expected to help the government reduce emissions and meet the goal of carbon neutrality by 2050. In the shorter term, the government is targeting 10 GW of offshore wind capacity by 2030.
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Japanese industry giant Kawasaki Heavy Industries has signed an MoU with Fortescue Metals Group and Iwatani Corporation for investigation of a business model for the supply of liquefied hydrogen from renewable energy. As part of this MoU, the three companies will assess the establishment of integrated liquefied green hydrogen supply chains.
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Vestas and Mitsubishi Heavy Industries, Ltd. (MHI) have closed the agreement to expand their partnership in sustainable energy. By closing the agreement, Vestas has acquired MHI’s shares in the MHI Vestas Offshore Wind (MVOW) joint venture, while MHI has acquired 2.5 per cent in Vestas and will be nominated to a seat in Vestas’ Board of Directors.
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The government of Japan has launched its first-ever auction for fixed bottom offshore wind...
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The Ministry of Economy, Trade, and Industry (METI) of Japan has announced the allocation of 368.8 MW of solar project capacity in its sixth auction for solar projects of 250 kW capacity or more. A total of 255 bids were selected by the ministry ranging from 300 kW to 68.8 MW.
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The METI has announced the results of the sixth auction for solar projects with a generation capacity of more than 250 kW. It has selected 255 projects with a combined capacity of 368.8 MW in the procurement exercise, after having initially accepted project proposals with a combined capacity of 526.5 MW for review. The capacity of these projects ranges from 300 kW to 68.6 MW.
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GIG, part of Australia’s Macquarie Group Ltd, will sell a 100 per cent interest in Acacia Renewables KK, a platform with two offshore wind projects totalling 1.2 GW under development, which could be operational by 2028, and 2.1 GW in the pipeline.
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Oil giant Equinor has entered into a partnership with two Japanese partners, Jera and J-Power, prior to Japan’s upcoming Round 1 offshore wind auction. The three companies are entering into a joint bid agreement to evaluate and submit a joint bid in the upcoming offshore wind auctions in Japan.
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Panasonic has walked away from a planned partnership with China-based GS-Solar. The Japanese electronics giant will continue producing its modules in Japan and Malaysia while seeking other cooperation opportunities.
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Vestas has secured a 40 MW order from Japan Wind Development (JWD) for the Hirado Minami Wind Farm in Japan. The order includes the supply and supervision of 11 V105-3.6 MW wind turbines to be delivered with customized 72.5-meter towers.
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