DEME Offshore and Penta-Ocean to Establish Joint Venture in Japan

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Japan has ambitious targets to develop 10 GW of offshore wind power by 2030. Both companies want to venture into the new industry.

Official Press Release DEME Offshore:

DEME Offshore and Penta-Ocean establish Joint Venture to develop Japan’s flourishing offshore wind industry

Wind Industry Profile of
DEME Offshore and Penta-Ocean establish Joint Venture to develop Japan’s flourishing offshore wind industry

DEME Offshore and Penta-Ocean Construction Co., Ltd., Japan’s leading marine contractor, are delighted to announce that they have officially agreed to establish a Joint Venture to focus on the construction of offshore wind farms in Japan.

The new Joint Venture brings together DEME Offshore’s marine engineering knowledge and decades of experience in the renewables sector, with the highly specialised marine construction technology of Penta-Ocean. The partners are currently in the process of establishing the Joint Venture company, whereby 51% of the shares will be owned by Penta-Ocean and 49% by DEME Offshore. New regulations concerning wind power energy generation at sea, as well as in port and harbour areas, have been introduced in the country and the... ... More: Official Press Release DEME Offshore

DEME Offshore, Penta-Ocean, offshore, Japan, marine contractor, wind farm, Joint Venture, expertise, technology, GW, auction

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