Deals Counterparts

Consortium secures 615 MW offshore wind project in northern Japan

Development Wind announced Japan Feb 20, 2026
615 MW
Capacity
development
Stage

Consortium of JERA, Green Power Investment, and Tohoku Electric secures 615 MW offshore wind project in northern Japan.

Deal Analysis

A consortium comprised of JERA, Green Power Investment, and Tohoku Electric has secured a 615 MW offshore wind project in northern Japan, marking a significant development in the country's renewable energy sector. While the financial details remain undisclosed, the involvement of JERA, a major Japanese utility company with extensive experience in power generation and energy infrastructure, underscores the strategic importance of this project. This development signals a continued push towards decarbonization and energy independence within Japan, leveraging the potential of offshore wind resources. The project's notable aspects include its substantial 615 MW capacity, positioning it as a significant contributor to Japan's renewable energy goals. The collaboration between JERA, Green Power Investment, and Tohoku Electric combines the expertise of a major utility with potentially specialized knowledge from the other consortium members. This partnership structure suggests a strategic approach to navigating the complexities of offshore wind development in Japan. The project's announcement date of 2026-02-20 indicates a long-term development horizon, typical for large-scale infrastructure projects.
  • 615 MW capacity represents a significant addition to Japan's renewable energy portfolio.
  • Involvement of JERA, a major Japanese utility, lends credibility and expertise to the project.
  • Consortium structure suggests a strategic approach to project development and risk mitigation.
  • Project announcement date indicates a long-term investment horizon.
Market Context: Japan is actively pursuing renewable energy sources, including offshore wind, to reduce its reliance on fossil fuels and achieve its decarbonization goals. The offshore wind sector is attracting increasing investment and attention, driven by government policies and the availability of suitable sites.

Source Intelligence

KEY DETAILS

JERA begins construction of 315 MW Oga-Katagami-Akita offshore wind farm, targeting 2028 start-up despite rising costs.

Capacity
Consortium of JERA, Green Power Investment, and Tohoku Electric secures 615 MW offshore wind project in northern Japan.
Location
Consortium of JERA, Green Power Investment, and Tohoku Electric secures 615 MW offshore wind project in northern Japan.
COD
JERA begins construction of 315 MW Oga-Katagami-Akita offshore wind farm, targeting 2028 start-up despite rising costs.
PARTIES MENTIONED IN SOURCE
J
JERA developer

"Consortium of JERA, Green Power Investment, and Tohoku Electric secures 615 MW offshore wind project in northern Japan."

G
Green Power Investment developer

"Consortium of JERA, Green Power Investment, and Tohoku Electric secures 615 MW offshore wind project in northern Japan."

T
Tohoku Electric developer

"Consortium of JERA, Green Power Investment, and Tohoku Electric secures 615 MW offshore wind project in northern Japan."

V
Vestas seller

"Vestas to supply turbines for Akita"

K
Kajima developer

"Kajima responsible for turbine foundation construction."

Q
QatarEnergy seller

"JERA signs 27-year LNG deal with QatarEnergy to balance renewable fluctuations and meet growing electricity demand."

medium quality Enriched Feb 24, 2026

Timeline

Announced
Feb 20, 2026
Signed
Closed

Market Context

This deal is part of the Wind sector in Japan.
137
Wind deals
21
deals in Japan
1 of 137 Wind deals tracked this month · Updated daily

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