TOKYO -- Interest in developing offshore wind projects is declining in Japan on concerns about profitability amid rising prices and labor shortages.
Several companies refrain from bids in latest round after conducting preliminary work
A JERA and Green Power Investment offshore wind farm off of Hokkaido, Japan. (Photo by Taiyo Suzuki)
TOKYO -- Interest in developing offshore wind projects is declining in Japan on concerns about profitability amid rising prices and labor shortages.