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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.

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