The first commercial-scale floating wind farm off Asia is moving ahead, following finalisation of a deal between French technology pioneer Ideol and Japanese renewable energy developer Shizen Energy to build a “multi-hundred-megawatt” project in the East China Sea.

A “formal intention to collaborate” on the project, sited off Kyushu in the southwest of Japan, was signed today in Tokyo by Ideol CEO Paul de la Guérivière and Shizen founder Masaya Hasegawa, with French economy minister Bruno Le Maire attending the ceremony.