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Eneos Warns on Skyrocketing Costs fo Offshore Wind

Nov 12, 2025

Eneos Holdings, Japan's top oil refiner which has been expanding into renewable energy, on Wednesday warned of the surging cost of developing its offshore wind project, with its CEO saying returns were difficult to achieve.Eneos unit, Japan Renewable Energy, won a government auction to develop the Happo-Noshiro 375-megawatt offshore wind project in Japan's northern Akita prefecture together with Spain's Iberdrola and Tohoku Electric Power Co in March 2024…

Equinor Tries Again for a Japan Offshore Wind Lease

Oct 22, 2024

Norwegian energy company Equinor has submitted a bid to develop an offshore wind farm together with other companies in the latest round of Japan's state auctions, two sources said, as it seeks a foothold in the fledgling market.Equinor's bid…

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