NEWS
Wind Energy  

Danish Firm Will Join Japan Offshore Wind Projects

Tokyo Electric Power Company Holdings has signed a memorandum of understanding with Danish energy business Orsted to work together on offshore wind projects.

In an announcement at the weekend, TEPCO said that it had been “exploring offshore wind business opportunities” in both Japan and overseas. Orsted is a world leader in wind energy and built the world’s first offshore wind facility in 1991, CNBC reported.

TEPCO said that the two companies would work on the Choshi offshore wind project. In November 2018, TEPCO announced that it had been carrying out a seabed survey to assess the feasibility of the project. They will also work towards what was described as a “strategic partnership for broader collaboration.” 

“We are confident that the partnership combining TEPCO’s extensive expertise in the Japanese power business and Orsted’s unparalleled track record in the offshore wind business will lead to success in the Choshi project,” Tomoaki Kobayakawa, representative executive officer and president at TEPCO said. 

“We hope that this first step paves the way for expansion beyond the coastlines of Japan for the development, construction, operation and ownership of offshore wind projects,” Kobayakawa added.

While Friday’s news represents Orsted’s first involvement with the Japanese offshore wind energy sector, the company does have a wider presence in Asia. It is the co-owner of the first commercial scale offshore wind project in Taiwan, Formosa 1, which is under development. The firm also holds four offshore wind sites located off the coast of Taiwan’s Changhua County. These can be developed to have a total capacity of around 2,400 megawatts.

News No: 3340
Date: 2019/01/21 - 15:31
News Source: Financial Tribune

Danish  Japan  Choshi project  Electric  TEPCO 

Comments:

Leave a Comment:

   
   
   
 

Scientists find new way to power electric cars using cobalt

Researchers at the University of Massachusetts Lowell developed a technique that uses only water, carbon dioxide and cobalt metal particles that have surface nanostructures measuring billionths of a meter in size, to produce hydrogen on demand at relatively low temperature and pressure and to use to power the next generation of electric vehicles.
 

Indian Steel Mills Book 35,000 MT HRC from Japan

As per the recent update received, Indian HRC importers booked around 35,000 MT of HRC from Japan for April shipments via two deals concluded almost 10-days back.
 

Pakistan Govt Likely to Increase Electricity Tariff - Sources

As per industry sources report to SteelMint, Pakistan’s Government has indicated a hike in electricity tariffs by upto around 25% over the next few months period.
 

Japan's Tokyo Steel Hikes Scrap Price Further by USD 5

Tokyo Steel's 2nd price hike in March, H2 prices at Utsunomiya plant increased by Yen 3500 (USD 31) against the price revision made a month back on 14 Feb'19.
 

Will Graphite Electrode Prices Revive in coming days of 2019?

Graphite electrode makers around the globe had a wonderful run for almost a year starting from the latter half of 2017 amid supply-side structural changes in China which led to the promotion of steel production through electric furnace (EAF) route, ultimately resulting in the significant rise in the graphite electrodes demand and prices in China.
 

Japan: Ferrous Scrap Exports Drop 24% in Jan'19

Scrap imports from China and Vietnam observed significant fall in Jan’19
Upcoming Events
Publications
 Mines & Metals

Mine & Business Today

 Scrap & Recycling

Ahangan

Our partners