
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.