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Sept. 5 (offshoreWIND.biz) Japanese floating wind technology developer MODEC has received Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for its iTLP2-FOWT concept, a new generation of the company’s tension leg platform (TLP) type floating offshore wind foundation. In 2020, MODEC obtained AiP for the first iteration of its TLP floating wind... Continue Reading →
Aug 26 (Reuters) - Japan's industry and land ministries on Tuesday proposed revising guidelines to extend offshore wind project leases by 10 years, from the current 30 years, to help developers manage soaring construction costs and complete projects. The proposal was submitted to a joint expert panel of the Ministry of Economy, Trade and Industry... Continue Reading →
Aug. 26 (Reuters) A Mitsubishi Corp consortium is preparing to withdraw from three offshore wind power projects in Japan's Chiba and Akita prefectures due to concerns over profitability, the Nikkei business daily reported on Tuesday. Japan, heavily reliant on energy imports, has turned to renewable energy to bolster energy security and achieve carbon neutrality by... Continue Reading →
July 23 (Reuters) - Green hydrogen developers are cancelling projects and trimming investments around the world, raising the prospect of longer than targeted reliance on fossil fuels. The challenges facing the sector have exposed its initial ambitions as unrealistic. Hard-to-electrify industries that were seen as ideal candidates for green hydrogen, such as steelmaking and long-distance transportation, have... Continue Reading →
(OE) MODEC has entered into a contract with Eld Energy, a Norwegian fuel cell system company, to design and manufacture a solid oxide fuel cell (SOFC) system pilot unit intended for installation on one of the MODEC-operated floating production, storage and offloading (FPSO) units. In February 2025, MODEC awarded a feasibility study contract to Eld... Continue Reading →
(OE) The U.K. government has unlocked $10.1 billion investment into key clean energy projects, like offshore wind and hydrogen, with the signing of a new deal with the Sumitomo Corporation in Tokyo. Sumitomo Corporation aims to facilitate the investment into key U.K. infrastructure and clean energy projects by 2035, backing the government’s aim to significantly... Continue Reading →
(OE) Triton Anchor has secured two patents in the United States for its proprietary offshore anchor and subsea deployment tool, with a notice of allowance for the anchor patent also received in Japan. These newly patented technologies mark an advancement in enabling low-cost, low-impact deployment of floating wind, solar, and wave platforms. According to Triton... Continue Reading →
(offshore-energy.biz) The steel-cutting ceremony for a floating production storage and offloading (FPSO) unit destined for a field offshore Brazil operated by the Brazilian subsidiary of the U.K.-headquartered energy giant Shell has been held at the Sumitomo Heavy Industries’ Yokosuka shipyard in Japan. Based on a social media post by Cristiano Pinto da Costa, President of Shell Brasil,... Continue Reading →
(offshoreWIND.biz) Japan’s Electric Power Development, also known as J-Power, has joined the WHEEL floating offshore wind demonstration project in Spain. The WHEEL demonstration project is led by the Madrid-headquartered company Esteyco. WHEEL will feature one turbine installed three kilometres off the eastern coast of Gran Canaria, Spain. Through this project, J-Power aims to acquire knowledge... Continue Reading →
A new bill passed by Japan’s House of Representatives on 3 June will enable offshore wind projects to be built in the country’s Exclusive Economic Zone (EEZ), beyond the 22-kilometre (12-nautical-mile) line of Japan’s territorial waters. The bill, which was approved by the House of Councillors on 11 April, amends the existing Act on Promotion... Continue Reading →
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