TOKYO -- The Japanese government will provide additional support to offshore wind power projects, seeking to avoid a rush of exits by operators after trading house Mitsubishi Corp.'s withdrawal from a project due to rising construction costs.
Energy
Japan offers more aid to offshore wind after Mitsubishi Corp. withdrawal
Tokyo to grant extended usage periods to lift profitability amid rising costs
Japan's first large-scale, commercial wind farm off the coast of Akita prefecture. The government has moved to help operators of such projects. (Photo by Masayuki Kozono)
Read Next
Latest on Energy
