In January 2019, TEPCO and Orsted signed a memorandum of understanding to work collectively on offshore wind initiatives and have since then been working collectively to ascertain a framework and organizational construction for joint improvement of the Choshi Offshore Wind Project.
TEPCO and Orsted, having formalized their collaboration to develop the Choshi Offshore Wind Project, will submit a joint bid within the Round 1 public sale as soon as the Japanese authorities formally designates the Choshi-city offshore wind promotion space, and additional work collectively on future offshore wind alternatives within the space.
TEPCO Representative Executive Officer and President, Tomoaki Kobayakawa, says “TEPCO and Orsted have been making glorious progress in creating our partnership and we’re able to see profitable improvement of the Choshi Offshore Wind Project. Our two firms have agreed to ascertain a novel framework that allows us to successfully combine and leverage strengths and experience from each side. We are assured that is key to reach the Choshi Offshore Wind Project.”
Tokyo Electric Power Company Holdings, Inc. (TEPCO) is Japan’s largest energy firm group, holding three unbiased enterprise entities: TEPCO Fuel & Power, Inc., TEPCO Power Grid, Inc., and TEPCO Energy Partner, Inc.
Choshi is a coastal metropolis on Japan’s Cape Inub? in Chiba Prefecture. It’s residence to a big fishing port.
Choshi is a metropolis of about 65,000 inhabitants positioned on a peninsula stretching into the Pacific Ocean within the far northeast nook of Chiba Prefecture, simply north of the lengthy Kujukuri Coast on the east coast of Honshu.
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