Japan Floating Offshore Wind_Progression Energy is an 800MW offshore wind power project. It is planned in Sea of Japan (East Sea), Japan. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the announced stage. It will be developed in a single phase. The project construction is likely to commence in 2025 and is expected to enter into commercial operation in 2029. Buy the profile here.

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Description

The project is being developed and currently owned by Aker Offshore Wind Holding, Mainstream Renewable Power and Progression Energy. The company's ownership stake in the project stands as 50%, 25% and 25% respectively. The turbines will be mounted on floating type foundations.

Development status

The project construction is expected to commence from 2025. Subsequent to that it will enter into commercial operation by 2029.

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About Aker Offshore Wind Holding

Aker Offshore Wind Holding AS (Aker Offshore Wind) develops and maintains large and complex offshore wind projects. The company is located in Norway.

About Mainstream Renewable Power

Mainstream Renewable Power Ltd (Mainstream) is the renewable energy developer. The company carries out the development, finance, construction, and operation of large-scale renewable energy plants. It also develops and builds onshore, and offshore wind and solar power plants. Mainstream sold its projects to global utilities such as EDF Group and Orsted, and infrastructure funds, pension funds, and global brands. It has partnership with governments, developers, communities and financers. The company operates through its offices across Ireland, Australia, Vietnam, the Philippines, Canada, Egypt, England, Scotland, Ghana, Senegal, the US, Chile and South Africa, among others. Mainstream is headquartered in Sandyford, Dublin, Ireland.

This content was updated on 4 January 2024

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This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.