Spanish developer Iberdrola has accelerated its commitment to the Japanese offshore wind market with a new 600-MW project.
It will co-develop the Seihoku-oki offshore windfarm and submit the project in Japan’s Round 2 auctions for offshore wind, together with the Japanese developer Cosmo Eco Power and engineering firm Hitz.
In 2020, the company formed a joint venture with Green Investment Group to co-develop a 3.3-GW portfolio of three bottom-fixed and three floating offshore wind projects in Japan.
The latest plan raises its portfolio of planned projects in Japan to 3.9 GW. The projects will compete in Rounds 2, 3 and 4 of the offshore auctions announced by the Japanese Government.
Cosmo Eco Power is a Japanese renewable energy developer and a subsidiary of Cosmo Energy Holdings.