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Home›Authorities›EU Greenlights RWE, Mitsui, and Osaka Gas Offshore Wind Joint Venture
Authorities

March 13, 2024 · about 2 years ago

EU Greenlights RWE, Mitsui, and Osaka Gas Offshore Wind Joint Venture

The European Commission has cleared, under the EU Merger Regulation, the creation of a joint venture between Mitsui & Co., Osaka Gas, and a subsidiary of RWE AG, all three established in Japan, to develop a 684 MW offshore wind project in Japan. The Commission concluded that the notified transaction

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A photo of RWE's Kaskasi offshore wind farm

The wind farm is planned to be located off the western coast of Japan, near the cities of Murakami and Tainai in Niigata Perfecture.

According to RWE, the project will feature 38 wind turbines, and the full commissioning is planned for June 2029.

The Japanese government aims to deploy 10 GW of offshore wind capacity by 2030 and 30-45 GW by 2040, including floating wind, as part of its target to reach net-zero emissions by 2050.

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