TOKYO -- Japan seeks to raise its domestic procurement goal for offshore wind farms to roughly 70% in 2040 from the current 60%, Nikkei has learned, in a bid to build up the local supply chain with foreign investment.
New goal seeks to attract supply chain investment as U.S. market faces uncertainty

An offshore wind farm operates near the Port of Akita in northern Japan. (Photo by Nikkei)
TOKYO -- Japan seeks to raise its domestic procurement goal for offshore wind farms to roughly 70% in 2040 from the current 60%, Nikkei has learned, in a bid to build up the local supply chain with foreign investment.