TOKYO -- Japan's latest commitments to offshore wind development are being welcomed by foreign companies seeking to grow across Asia. But achieving these expanded goals can only be realized if current projects -- which are plagued by surging costs -- succeed, experts say.
Energy
Japan's offshore wind ambitions face regional supply chain turbulence
New moves present major business opportunities, but current projects need to succeed first
Japan's first large-scale commercial offshore wind farm, located at Noshiro Port in the country's northeast. (Photo by Masayuki Kozono)
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