Goto Floating Wind Farm developed by consortium

Deal Analysis

The Goto Floating Wind Farm project represents a significant step forward for Japan's renewable energy sector. This 16.8 MW floating offshore wind facility, developed by a consortium of six established energy and engineering companies, including TODA Corporation, ENEOS Renewable Energy Corporation, Osaka Gas, INPEX Corporation, Kansai Electric Power Co., Inc., and Chubu Electric Power Co., Inc., marks Japan's first commercial-scale venture into floating wind technology. The project's development phase, announced in February 2026, signals a commitment to diversifying Japan's energy sources and reducing reliance on traditional fossil fuels. The involvement of major players like Osaka Gas, a utility company with international energy and infrastructure experience, further underscores the project's strategic importance. While the financial details of the deal remain undisclosed, the consortium's composition and the project's pioneering nature make it a noteworthy development. The Goto Floating Wind Farm is expected to contribute to Japan's growing offshore wind capacity and serve as a model for future floating wind projects in the region. The project's success could pave the way for further investment and innovation in floating wind technology, potentially unlocking vast renewable energy resources in Japan's coastal waters.

Japan's first commercial-scale floating offshore wind farm.
Developed by a consortium of six established energy and engineering companies.
16.8 MW capacity contributes to Japan's growing offshore wind capacity.
Involvement of major players like Osaka Gas highlights strategic importance.

Market Context: Japan is actively pursuing renewable energy sources to reduce its dependence on fossil fuels. Offshore wind, particularly floating wind technology, is seen as a key area for growth due to Japan's deep coastal waters and limited land availability.

Source Intelligence

KEY DETAILS

The wind farm consists of eight turbines, each rated at 2.1 MW, producing a combined 16.8 MW of renewable electricity. Quote: According to reports, the wind farm consists of eight turbines , each rated at 2.1 MW, producing a combined 16.8 MW of renewable electricity.

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Capacity

In terms of installed capacity, the wind farm will possess 16.8 megawatts (MW).

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Location

Japan’s upcoming development is situated off the coast of Goto City, Nagasaki Prefecture

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COD

Japan’s first commercial-scale floating wind project enters full operation at Goto by Prince February 24, 2026

PARTIES MENTIONED IN SOURCE

G

Goto Floating Wind Farm LLC developer

"The project was developed by Goto Floating Wind Farm LLC, a consortium of six energy and engineering companies"

T

TODA Corporation developer

"The project was developed by Goto Floating Wind Farm LLC, a consortium of six energy and engineering companies, including TODA Corporation"

E

ENEOS Renewable Energy Corporation developer

"The project was developed by Goto Floating Wind Farm LLC, a consortium of six energy and engineering companies, including TODA Corporation, ENEOS Renewable Energy Corporation"

O

Osaka Gas developer

"The project was developed by Goto Floating Wind Farm LLC, a consortium of six energy and engineering companies, including TODA Corporation, ENEOS Renewable Energy Corporation, Osaka Gas"

I

INPEX Corporation developer

"The project was developed by Goto Floating Wind Farm LLC, a consortium of six energy and engineering companies, including TODA Corporation, ENEOS Renewable Energy Corporation, Osaka Gas, INPEX Corporation"

K

Kansai Electric Power Co., Inc. developer

"The project was developed by Goto Floating Wind Farm LLC, a consortium of six energy and engineering companies, including TODA Corporation, ENEOS Renewable Energy Corporation, Osaka Gas, INPEX Corporation, Kansai Electric Power Co., Inc."

C

Chubu Electric Power Co., Inc. developer

"The project was developed by Goto Floating Wind Farm LLC, a consortium of six energy and engineering companies, including TODA Corporation, ENEOS Renewable Energy Corporation, Osaka Gas, INPEX Corporation, Kansai Electric Power Co., Inc., and Chubu Electric Power Co., Inc."

medium quality Enriched Feb 24, 2026