TodayEco.com

12 Oct '12, 1pm

Tokyo construction co plans offshore wind farm #green

News of Maeda’s offshore wind plans is a sign that renewable energy feed-in tariffs (Fit), introduced on 1 July, could drive growth in Japan’s offshore wind sector. "The Fit decision played a role in our decision to go ahead with the project," said company spokesman, Kozo Domori. "Anything below the 23.1 yen ($0.30) price outlined in the FiT would have made it difficult to do so." Floating technology will be required if Japan is to develop offshore wind projects in the deep waters that hug much of its coastline. The shallow waters off Shimonoseki are an exception. Another indication of a growing appetite for offshore wind amongst Japan’s industrialists was last month’s announcement that a consortium led by Hitachi Zosen is considering investing €1.2bn ($1.5bn) in a 300MW project, which could include both foundation-based and floating turbines.

Full article: http://www.windpowermonthly.com/news/rss/1154696/Tokyo-co...

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