Ørsted is moving into a new market. The Danish energy company has signed a Memorandum of Understanding (MoU) with its Japanese counterpart, Tokyo Electric Power Corporation (TEPCO), concerning an initial collaborative offshore wind project, Choshi, as well as a more general partnership, informs Ørsted in a press release.
"This MoU is the first step in Ørsted and TEPCO's aspirations to deliver on Japan's ambitions for domestic renewable power generation at a large scale and contribute to making Japan a leading offshore wind market in the Asia-Pacific. We welcome this first opportunity to work with TEPCO and look forward to strengthening our relationship further," writes Ørsted Chief Executive Henrik Poulsen in the statement.
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