Iberdrola Commits to Second Japanaese Offshore Wind Project

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It will co-develop Seihoku-oki wind farm, which will enter the round 2 auction, together with Japanese developer Cosmo Eco Power and Hitz engineering / This brings Iberdrola's pipeline in the country to 3,900 MW and will be competing in rounds 2, 3 and 4 of the offshore auctions announced by the government. The Japanese offshore wind market is expected to reach 30.000 - 45.000 MW in operation by 2040.

Iberdrola has increased its commitment to the Japanese offshore wind market with a new 600-MW project, following the agreement with local developer Cosmo Eco Power (a subsidiary of Cosmo Energy Holdings Co. Ltd.) and engineering firm Hitz to jointly develop the Seihoku-oki project in Aomori prefecture, in the northwest of the country. The Seihoku-oki offshore wind farm,... ... More: Official Press Release Iberdrola

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Iberdrola, Japan, offshore, investment, pipeline, wind farm, auction, developer, Cosmo Eco Power, Hitz, government, decarbonise, technology, market