BW Ideol and ENEOS to develop Japanese offshore wind industry
BW Ideol has announced a joint development agreement with Japan’s largest oil refiner, ENEOS.
Floating wind-power specialist, BW Ideol, has announced that it will be collaborating with Japan’s largest oil refiner and distributor, ENEOS Corporation.
The two companies say they plan to contribute to the commercialisation of floating offshore wind power in Japan.
The Japanese government has set aggressive targets for offshore wind and has plans to install 30 to 45 gigawatts of capacity by 2040.
BW Ideol is the only floating technology provider with two full-scale floating-wind demonstration projects in operation.
“This collaboration confirms once again that our two-leg strategy of providing proven technology and investing in the co-development of a project is extremely relevant in the context of a fast-accelerating new industry,” said Paul De La Guérivière, CEO of BW Ideol.
“We are pleased to keep on building a multi-GW project portfolio in Japan and add this project to our existing agreements for commercial-scale projects with other leading Japanese developers and utilities, confirming our unique position in this strategic market.”
