Hitachi Zosen-Led Group Plans $1.5 Billion Offshore Wind Farms in Japan

Hitachi Zosen-Led Group Plans $1.5 Billion Offshore Wind Farms in Japan | Renewable Energy News Article

renewableenergyworld.com 04 Sep '12, 3pm

Hitachi Zosen-Led Group Plans $1.5 Billion Offshore Wind Farms in Japan

The seven-member group will complete 7.5 megawatts of pilot plants by 2016 before building the wind farms with a combined capacity of 300 megawatts over 10 years, Tomomitsu Yamamoto, Hitachi Zosen’s Tokyo-based spokesman, said today by telephone. Last year’s Fukushima disaster caused by an earthquake and tsunami prompted the government to reduce reliance on nuclear energy in favor of natural gas and renewable sources. Japanese power utilities are obliged to buy electricity from solar and wind projects at above-market rates. The Japan Weather Association, Sumitomo Electric Industries Ltd., Toa Corp. and Toyo Construction Co. are other members of the group, Hitachi Zosen said today in a statement on its website. The group may form a special purpose company and seek funds for the project, according to the statement. Japan’s government introduced incentives in July to promote ...

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@EcoManLeader » 04 Sep '12, 7pm
#Renewable Hitachi Zosen Corp., an industrial machinery maker, is leading a group including Toshiba Corp. and JFE... [link]
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Hitachi & Offshore. [link]
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RT @WindPow: Hitachi Zosen-Led Group Plans $1.5 Billion Offshore Wind Farms in Japan [link]
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Hitachi Zosen-Led Group Plans $1.5 Billion Offshore Wind Farms in Japan [link]
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RT @WindPow: Hitachi Zosen-Led Group Plans $1.5 Billion Offshore Wind Farms in Japan [link]
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Hitachi Zosen-Led Group Plans $1.5 Billion Offshore Wind Farms in Japan [link]
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#wind Hitachi Zosen-Led Group Plans $1.5 Billion Offshore Wind Farms in Japan [link]
@EcoManLeader » 04 Sep '12, 7pm
#Wind Hitachi Zosen Corp., an industrial machinery maker, is leading a group including Toshiba Corp. and JFE... [link]
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RT @WindPow: Hitachi Zosen-Led Group Plans $1.5 Billion Offshore Wind Farms in Japan [link]
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Hitachi Zosen-Led Group Plans $1.5 Billion Offshore Wind Farms in Japan [link]
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Hitachi Zosen-Led Group Plans $1.5 Billion Offshore Wind Farms in Japan [link]
@FuturePowerGen » 04 Sep '12, 3pm
Hitachi Zosen-Led Group Plans $1.5 Billion Offshore Wind Farms in Japan [link]