ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Climate Change

Japan to increase competition in offshore wind to speed rollout

Tokyo sees power source as essential to hitting net-zero emissions by 2050

A floating wind turbine sits off the coast of Chiba Prefecture near Tokyo. (Photo by Mamoru Tsuge)

TOKYO -- Japan wants to bring new offshore wind farms online faster, releasing draft rules on Thursday that encourage wider competition for construction and limit the ability of a single bidder to win multiple projects in one fell swoop.

The planned changes to the bid process come after a consortium led by a Mitsubishi Corp. subsidiary landed contracts in December for all three areas off the coasts of Akita and Chiba prefectures in the government's first major bidding for wind projects.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more