SoftBank in 100MW offshore plan
SB Energy – the renewables development arm of Japanese telecoms giant SoftBank – says it will invest in a 100MW offshore wind farm northeast of central Tokyo.
The latest announcement from the company revises a statement it published in early April about plans to invest an undisclosed sum in a 90MW offshore project in Ibaraki prefecture.
A company spokesperson tells Recharge by email that the partners have not yet chosen a turbine supplier for the near-shore, fixed-foundation plan. They hope to start installing twenty 5MW turbines at the port of Kashima, Ibaraki, at some point in fiscal 2015.
Construction firm Komatsuzaki will take a 50.1% stake in Wind Power Energy, the special purpose company that will develop the project. SB Energy will hold the remaining interest.
The SoftBank unit has invested in a number of PV projects. And last summer, it announced plans to work with conglomerate Mitsui and Green Power Investment to build and run a 48MW wind farm in Hamada, Shimane prefecture, western Japan.
But the Kashima project will be its first experience with offshore wind.