Tokyo Electric Power Company (TEPCO) and Ørsted have agreed to establish a joint venture company – Choshi Offshore Wind Farm K.K. – that will work towards a joint bid for the Choshi-city offshore wind promotion area (Japan).
“In April this year, TEPCO will launch its renewable energy business arm, TEPCO Renewable Power, to make renewable energy a core generating source. The partnership with Ørsted and the establishment of Choshi Offshore Wind Farm K.K. will help drive business growth for the TEPCO group and TEPCO Renewable Power,” said TEPCO representative executive officer and president, Tomoaki Kobayakawa.
The article was first published in the March 20 edition of Capital Projects and Contracts. to learn more about a subscription, click here.