Industry Seeks Sweeter Terms to Develop Offshore Wind in Japan ...Middle East

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Industry Seeks Sweeter Terms to Develop Offshore Wind in Japan
source : OILPRICE ( Middle East ) () 50
Offshore wind industry representatives are seeking better auction and fiscal terms from the Japanese government to help companies develop the wind industry potential offshore Japan, industry sources have told Reuters.  Japan has a plan to have offshore wind projects with a total capacity of 10 GW developed by 2030 and 30 GW-45 GW by 2040. The country has held three auctions to award capacity so far, but major developers have been reviewing their options in Japan amid headwinds in the sector globally with surging costs and supply-chain delays. …

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