Japan's JERA to sell interest in Taiwan wind power

Energy company aims to diversify risks as geopolitical tensions simmer

20230210 JERA

JERA is participating in wind power projects off Taiwan. 

RYO MUKANO, Nikkei staff writer

TOKYO -- Japanese power company JERA will sell its interest in an offshore wind power project in Taiwan due to worsening profitability, a move that is also aimed at reviewing its dependence on the East Asian economy amid simmering geopolitical risks around the Taiwan Strait.

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