Tokyo Gas Co. has joined the joint venture established by Shizen Energy and Canadian Northland Power in 2019 for the development of offshore wind projects in Chiba Prefecture, Japan.
In conjunction with this alliance, each of the partners will be a shareholder of Chiba Offshore Wind (COW), the development vehicle for the projects. COW is developing the projects off the Pacific Ocean coastline of Chiba Prefecture, with the target to achieve promising area designation.
Tokyo Gas is Japan's largest provider of city gas with a proven track record of supplying energy to many customers, mainly in the Tokyo metropolitan area. The company will continue expanding its renewable-power business, both domestically and overseas, to achieve its renewable-power transaction volume target of 5GW by 2030. The aim of the company is to achieve its net-zero CO2 objective as set out in the group management vision, “Compass 2030.”
Northland Power is a global developer, owner and op