Kashima Port Offshore – North is a 93.6MW offshore wind power project. It is planned in Pacific Ocean, Ibaraki, Japan. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2025.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Offshore | 93.6 | – | 93.6 | Permitting | Ibaraki, Japan | Wind Power Energy Development |
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Description
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The project is being developed by Wind Power Energy Development. Hitachi Wind Power, Wind Power Group and Tokyo Gas are currently owning the project having ownership stake of 51%, 33.4% and 15.6% respectively.
The project cost is expected to be around $446.472m. The project will be spread over an area of 3.4km².
The wind power project consists of 18 turbines, each with 5.2MW nameplate capacity.
Development Status
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By GlobalDataPost completion of the construction, the project is expected to get commissioned in 2025.
Power Purchase Agreement
The power generated from the project will be sold to Tohoku Electric Power under a power purchase agreement at the rate of $0.325kWh. The offtake capacity is expected to be 93.6MW.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
