Agreement to Promote WindFloat Projects in Japan

Principle Power, Inc. (PPI) and Mitsui Engineering & Shipbuilding, Co., Ltd. (MES) today announced that the two companies have signed a Collaboration Agreement to promote Floating Offshore Wind (FOW) projects in Japan.

The agreement represents a continuation of the companies’ cooperative relationship first established for the design, performed for NEDO (New Energy and Industrial Technology Development Organization), of a WindFloat to be deployed in Japanese waters.  That design was formally issued an Approval in Principle by Japanese Classification Society, Class NK, in November 2016. The new agreement establishes the framework for MES and PPI to collaborate on advancement of the FOW market in Japan, through multiple project development activities. Going... ... More: Official Press Release Principle Power

Keywords:

Principle Power, Mitsui, Japan, floating, wind energy