Japan's Marubeni Starts Commercial Ops at Akita Offshore Wind Farm

Katya Golubkova
Tuesday, January 31, 2023

Japanese trading firm Marubeni Corp started commercial operation based on the feed-in tariff program for renewable energy at Akita Port offshore wind farm on Tuesday, it said in a statement.

Japan's offshore wind power market, part of the country's goal to be carbon neutral by 2050, is set to grow as the government eyes installing
up to 10 GWof offshore wind capacity by 2030, and up to 45 GW by 2040.

Marubeni's $768 million project of two wind farms with 140 MW capacity at Akita Port and Noshiro Port in northern Akita prefecture is Japan's first large-scale commercial offshore wind power project.

With its Noshiro Port offshore wind farm operating since late December last year, the launch of the Akita Port farm brings the project to the
full-scale operation, Marubeni said. 

Power from the two wind farms will be sold to Tohoku Electric Power for 20 years under a power purchase agreement based on the feed-in tariff program.

Marubeni's 12 partners include Obayashi Corp, Tohoku Sustainable & Renewable Energy Co, Cosmo Eco Power Co, Kansai Electric Power Co and Chubu Electric Power Co.

(Reuters reporting by Katya Golubkova, Editing by Louise Heavens)

©Marubeni Corp 

Categories: Technology Offshore Industry News Offshore Wind Renewable Energy Asia Renewables

Related Stories

Baker Hughes, Petronas Team Up for Asia-Pacific Energy Resilience

Valeura Makes Progress with Multi-Well Drilling Campaign in Gulf of Thailand

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

BP Expands Oil and Gas Scope in Azerbaijan with New Projects and Exploration Rights

CIP, ACEN Partner Up for First Large-Scale Offshore Wind Farm in Philippines

Keyfield Ventures into Indonesia’s Oil and Gas Market with New Partner

ABS Greenlights SHI’s Multi-Purpose Deepwater LNG Floating Unit

MODEC Wins ExxonMobil Guyana’s Hammerhead FPSO Contract

Sapura Energy Nets $22.6M in Offshore Support Vessel Contracts

CIP Reaches Financial Close for Offshore Wind Farm in Taiwan

Current News

China Starts Production at Major Oil Field in Bohai Sea

Dutch Contractor Completes Malaysia’s Largest 'Rig-to-Reef' Decom Project

China Rolls Out 17MW Floating Wind Turbine Prototype

SBM Offshore’s Jaguar FPSO Enters Drydock in Singapore (Video)

EnQuest Picks Up Offshore Oil and Gas Block in Brunei

CNOOC Finds Oil and Gas in South China Sea

Seatrium Makes First Turnkey FPSO Delivery to Petrobras

KBR-SOCAR Joint Venture Secures Work for BP in Azerbaijan

Baker Hughes, Petronas Team Up for Asia-Pacific Energy Resilience

EnQuest Acquires Harbour Energy’s Vietnamese Assets

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com