Spanish developer Iberdrola has accelerated its commitment to the Japanese offshore wind market with a new 600-MW project
It will co-develop the Seihoku-oki offshore windfarm and submit the project in Japan’s Round 2 auctions for offshore wind, together with the Japanese developer Cosmo Eco Power and engineering firm Hitz.
In 2020, the company formed a joint venture with Green Investment Group to co-develop a 3.3-GW portfolio of three bottom-fixed and three floating offshore wind projects in Japan.
The latest plan raises its portfolio of planned projects in Japan to 3.9 GW. The projects will compete in Rounds 2, 3 and 4 of the offshore auctions announced by the Japanese Government.
Cosmo Eco Power is a Japanese renewable energy developer and a subsidiary of Cosmo Energy Holdings Co Ltd. The Seihoku-oki project is in Aomori prefecture, in the northwest of the country. Project development will be led by Iberdrola and Cosmo Eco Power.
The offshore wind projects in the joint venture with Green Investment Group were initiated and developed through Macquarie’s renewable energy platform, Acacia Renewables.
Iberdrola has acquired Acacia Renewables and will take forward the existing offshore wind development pipeline with Green Investment Group.
Riviera Maritime Media’s Offshore Wind Journal Conference will be held on 25 March 2021 - use this link for more details and to register for this virtual conference