BP targets offshore wind development in Japan
BP partners with Marubeni for Japanese offshore wind push
The major will establish a local offshore wind development team in Tokyo
BP has formed an alliance with Japanese conglomerate Marubeni to focus on the development of offshore wind projects in Japan. Under the deal, which is subject to merger control approvals, BP will take a 49pc stake in a wind project off the Japanese coast that has already been proposed by Marubeni. Neither company disclosed the details of the development. BP will establish a local offshore wind development team in Tokyo. “We are unlocking new regions and new opportunities for BP. Combining our international energy expertise and technical capabilities with Marubeni’s track record of wind and energy development and first-class regional relationships, we can together build important new clean en
Also in this section
14 January 2025
Bioenergy will be a key part of the energy transition as the world decarbonises, and Brazil is set to be a major player in the sector
14 January 2025
The region has ample resources of both gas and renewable energy and developing both will be vital to the global effort to reduce emissions
13 January 2025
The region’s fast-growing economies stand at a pivotal juncture, with the opportunity to drive a sustainable growth strategy that will keep the world’s net-zero ambitions alive
10 January 2025
Global energy demand keeps rising, and digital technology will play a crucial role in both meeting that demand and doing so in a sustainable way
