Mitsubishi Pulling Plug on Three Japan Offshore Wind Projects
by Darrell Proctor from POWER Magazine on (#6ZKN4)
The reeling offshore wind power market received another blow as Mitsubishi Corp. said it will end further development of three Japanese offshore wind power projects due to rising costs. Mitsubishi Chief Executive Katsuya Nakanishi on August 27 said cost increases for the installations had far surpassed the company's projections. The company said the price of [...]
The post Mitsubishi Pulling Plug on Three Japan Offshore Wind Projects appeared first on POWER Magazine.
