Japan plans to raise offshore wind revenue support caps to 3.5 times previous levels, complementing auction reforms aimed at improving project viability.
Japan plans floating offshore wind trials in waters deeper than 500 meters to cut costs, advance technology and support expansion into Asia-Pacific markets.
Siemens Energy plans to rebrand as Omterra, uniting Siemens Gamesa under one name as its wind business expands regional supply networks to serve Japan.
Vestas secures Japan’s GX subsidy for an offshore wind nacelle assembly plan, with a Kitakyushu equipment base and investment tied to market growth and orders.