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Business

Mitsubishi Corp. plans big European offshore wind farms

Trading house seeks expertise to tap growing demand for renewables

Mitsubishi Corp. already operates a midsize offshore wind farm in the Netherlands.

TOKYO -- Japanese trading house Mitsubishi Corp. will construct and operate large-scale offshore wind farms in Belgium and the Netherlands, as it eyes further business development in Europe for wind power.

The company is pursuing offshore wind farm projects, hoping to build know-how in this growing sector as the enactment of the Paris Agreement on climate change is set to accelerate the global shift to renewable energies.

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