CleanTechnica•5 months ago
Op-Ed: Japan’s Offshore Wind Dream Hits a Wall — Can Industry Reform Save It?
- •Mitsubishi Corporation abandoned three major offshore wind projects in Japan, totaling 1.7 GW (enough for 1.3 million homes), incurring ¥20 billion in penalties.
- •This significant withdrawal by a major trading giant has sent 'shockwaves' through Japan's renewable energy sector, signaling deep-seated challenges and risks.
- •The Op-Ed suggests that urgent industry reform is necessary to salvage Japan's offshore wind ambitions, implying existing policy or regulatory frameworks are insufficient.
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