Arrow Artboard Created with Sketch. Artboard Created with Sketch. Title Chevron Title Chevron Icon Facebook Icon Linkedin Icon Mail Contact Path Layer Icon Mail Positive Arrow Icon Print Business trends Offshore wind farms in Japan turn viable with new law Orix, Tepco and Germany's E.ON lead entry into untapped sector Offshore wind power, such as E.ON's Rodsand II project seen here off Danish shores, has taken off in Europe because of an abundance of suitable coastal areas. (Photo courtesy of the company)
YUKINORI HANADA and NANA SHIBATA, Nikkei staff writers February 14, 2019 06:52 JST | Japan
TOKYO -- Japan's offshore wind farm market is set to gain momentum, with legal safeguards and subsidies helping to draw domestic and international participants amid a shift away from fossil fuels.
Japanese leasing company
Orix and Tokyo Electric Power Co. Holdings, as well as E.ON -- Germany's largest power provider -- are among those planning to establish wind farms offshore.
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