Marubeni has just implemented the first large-scale offshore wind power project in Japan at Akita Port and Noshiro Port in Akita Prefecture. It started commercial operation based on the feed-in tariff program for renewable energy at the Noshiro Port Offshore Wind and The Akita Port Offshore Wind Farm is currently under commissioning work and its commercial operation based on FIT is expected in due course.
Marubeni set the Marubeni Long-Term Vision on Climate Change in March 2021 and positions Green Strategy as one of the basic principles to enhance corporate value in its Mid-Term Management Strategy GC2024. The company will take a progressive approach to expand its renewable energy business by making the most of its experience of the Offshore Wind Farm Project.
WIND INNOVATION PARTNER
Iberdrola is one of the world’s biggest energy companies, a leader in renewables, which is spearheading the energy transition to a low carbon economy. The group supplies energy to almost 100 million people in dozens of countries. The company is active in renewables, networks and commercial activities in Europe, the United States, Brazil, Mexico and Australia. Iberdrola is also present in growth markets such as Japan, Ireland, Sweden and Poland, among others. The company directly employs around 40,000 people across the world and supports a further 400,000 jobs along its supply chain, with annual procurement of €14 billion. A benchmark in the fight against climate change, it has allocated more than €120 billion over the last two decades to building a sustainable energy model, based on sound environmental, social and governance (ESG) principles.
Iberdrola Renewables Japan
Iberdrola Renewables Japan, headquartered in Tokyo, aims to be a leader in the Japanese renewable energy sector. Originally established and active since 2014, Iberdrola acquired Acacia in 2020, significantly expanding the company’s renewable energy development activities the country. Iberdrola Renewables Japan draws upon Iberdrola’s market-leading global green credentials and is committed to powering a cleaner future in Asia.
FLOATING WIND PARTNER
Born out of a strategic alliance between EDP Renewables and ENGIE, Ocean Winds is a global pure offshore wind owner, developer and operator. A pioneer in Floating Offshore Wind, Ocean Winds holds more than 10 years of experience inherited by its sponsors. Our Portuguese WindFloat Atlantic project, the World’s First Semi-Submersible Floating Offshore Wind Farm, in operation since 2020, is inspiring more than one project worldwide. Based on this growing experience, our floating portfolio increases, with exclusive developments rights for four commercial scale projects in Korea, the U.S and the UK, making a third of our current 16.6 GW portfolio from floating technology.
At Wood Mackenzie, we partner with our customers to provide the data, analytics, and insights they rely on to inspire their decision making and, ultimately, accelerate the world’s transition to a more sustainable tomorrow.
Our dedicated oil, gas & LNG, power & renewables, chemicals, and metals & mining sector teams are located around the world, giving our customers first-mover advantage. We deliver research and consulting projects based on our assessment and valuation of thousands of individual assets, companies, and economic indicators such as market supply, demand, and price trends.
From energy and materials producers and utilities companies to financial institutions and governments, the world is in transition and we are placing analytic insight at the heart of the changing markets to bring prosperity to businesses, nations, and societies.
EDF Renewables is an international energy company which develops, builds and operates renewable power generation plants. As a major player in the energy transition worldwide, EDF Renewables deploys, within EDF, competitive, responsible and value-creating projects.
In every country, our teams show their commitment to local stakeholders every day, adding their expertise and capacity for innovation to the fight against climate change. For more than 30 years, EDF group has maintained long-lasting and trustfully relationships with Japanese Stakeholders in the field of Energy.
EDFR Japan KK, Newly established in Japan, will develop offshore wind projects with our Japanese Partners and help Japanese Stakeholders investing in our renewables projects worldwide. We will bring to our Japanese Partners the best practices we have developed in more than 22 Countries and will remain fully committed until we jointly produce a renewable/decarbonized Energy for Japan.
CNOOD-Wenchong Heavy Industries Co., Ltd.
CNOOD-Wenchong Heavy Industries Co., Ltd (CWHI), headquartered in Guangzhou, Guangdong Province, China, is a world leading solution provider specialising in large scale manufacturing of offshore foundations, including XXXL mono-piles, floating wind structures, serial and one-off Jacket fabrication.
With over 40 years of experience, CWHI has an extensive track record supplying complex projects globally for the energy sector. CWHI’s core business sectors include: Large scale structural fabrication, engineering, resources integration, supply chain management, project management, global logistics and financing.
Valhall is an asset management and electricity trading company established in Japan. Our goal is to harmonize the integration of Renewable electricity, such as Solar and Wind, into the Japanese power grid. We are experts in contracting electricity under Feed-In-Premium (FIP) from our customers. We are taking the burden of managing electricity output from renewable resources while customers have peace of mind. Valhall forecasts, trades, balances and settles electricity from our customers. By working together, we contribute to the stabilisation of the grid and increase the economic and social value of distributed energy resources.
Valhall is part of Yggdrasil Commodities, which trades over 2 billion KWh (2TWh) per annum, and has experience of trading and balancing electricity from the US, Europe and several years in Japan. We welcome new relationships and are open to engaging with further renewable asset owners throughout Japan.
Linklaters has advised on significant energy sector deals in over 100 countries. Our network of offices combines local expertise with global intellectual capital and infrastructure. With more than 2,900 lawyers around the world, we will provide you with the highest standards of quality and consistency wherever you do business.
Technical skill, commercial experience and outstanding service are underpinned by a single management structure across the firm, helping us build valuable and lasting relationships. Our intensive focus on sector expertise is a distinguishing feature among our international competitors.
We were the first firm to establish a dedicated practice in the development and financing of large, complex energy and infrastructure projects. With a top-tier global practice across green energy, conventional power and hydrocarbon value chain projects, we take pride in playing a key role in navigating a path through many of the largest and most challenging projects in the energy and infrastructure sector. Our multi-disciplinary energy and infrastructure lawyers operate as a single team, maintaining a varied client base and diverse range of experience to anticipate and quickly navigate issues in a way that facilitates the needs of all stakeholders. We are proud of the role we play in supporting industry and governments in the development and implementation of emerging policy and regulation, including in respect of renewable and hydrogen technologies.
In Japan, 20~30% of blade damaged. Cost of maintenance is a great problem now.
With 20~30% of blade damaged nowadays in Japan, cost of maintenance is a great problem now.Neubrex has the technology to monitoring the whole wind power system, transformer, cable, post and blade in 30Km+ distance by fiber optical sensing, with speed over supersonic.
Neubrex will open this new technology to the industry.
StormGeo is a leading provider of data science and weather intelligence, serving a worldwide customer base with advanced solutions through our global 24/7 forecasting desks and R&D team. The company primarily serves the Oil & Gas, Shipping, Renewable Energy, Cross Industry, Aviation and Media industries.
StormGeo is a global provider of weather intelligence and decision-support services, with leading solutions for offshore wind, shipping, oil and gas, and onshore industries including utilities, manufacturing, healthcare and retail. The company has 24 offices in 16 countries, including eight 24/7/365 global operations centers.
AFRY – MAKING FUTURE
AFRY provides engineering, design, digital and advisory services to accelerate the transition towards a sustainable society. We are 19,000 devoted experts in industry, energy and infrastructure sectors, creating impact for generations to come. AFRY has Nordic roots with a global reach. Moreover, AFRY has local office(s) in more than 40 countries and executes projects in more than 100 countries around the world.
AFRY’s management consulting division (MCD) works to meet challenges and opportunities in the energy, bioindustry, infrastructure, industry and mobility sectors through strategic consulting, forward-looking market analysis, operational and digital transformation as well as M&A and transaction services.
AFRY MCD works closely with AFRY’s energy division offering engineering and consulting services in energy production from various energy sources such as hydro, gas, bio & waste fuels, nuclear power and renewable energy sources as well as services in transmission & distribution and energy storage.
MCD Energy operations in Southeast and East Asia have grown rapidly over the past 5 years. We now operate a team of more than 25 energy market specialist in offices across the region (Bangkok, Hanoi, Singapore, Manila, KL). We cover almost all jurisdictions in Asia, providing energy market analysis, power market modelling and other consulting services.
RATCH Group Public Company Limited, a subsidiary of Electricity Generating Authority of Thailand (EGAT), is a Thailand leading holding company striving for growing investment particular in power business, as well as non-power businesses; infrastructure, power & energy-related and healthcare. At present, RATCH has owned total equity capacity of 9,802 megawatts operating in Thailand, Lao PDR, Australia, Indonesia, Vietnam, Japan and the Philippines. Of which 19.7% (1,928 megawatts) of total capacity is generated by renewable energy. RATCH targets at least 2,500 megawatts by 2025 in order not only for economic gain, but also environmental benefits. Strategic collaboration and partnership are regarded as key success factor.
By participating in JWE 2023, RATCH is opened to access and connect to global renewable energy market. It provides us an opportunity to learn, share and explore prospects and advancement of renewable energy technology, innovation and trend. We are ready for collaboration to moving forward renewable energy and sustainability.
In its role as a global energy player, PETRONAS is committed to delivering energy responsibly in a way that benefits all, as encapsulated in its Statement of Purpose, to be a ‘progressive energy and solutions partner enriching lives for a sustainable future.’
In November 2020, PETRONAS declared its aspiration to achieve Net Zero Carbon Emissions by 2050 (NZCE 2050) in parallel with
Malaysia’s aspiration towards becoming a carbon-neutral nation. This commitment underscores its ambition to meet sustainability goals that support the Paris Agreement and demonstrates PETRONAS’ Sustainability Agenda and ESG credentials as a responsible corporate citizen.
As PETRONAS undertakes this journey, it is determined to grow its new energy portfolio at scale and pace by establishing Gentari Sdn. Bhd. (formerly known as PETRONAS Gas and New Energy Sdn. Bhd.) (“Gentari”) as an independent clean energy solutions entity to focus fully on delivering integrated net zero solutions, and to capture opportunities in the energy transition alongside its core portfolio.
Gentari offers lower carbon solutions through three initial core pillars – Renewable Energy, Hydrogen and Green Mobility, forming a portfolio of solutions cutting across the electron value chain to help customers achieve net zero emissions.
Equinor is an international energy company committed to long-term value creation in a low-carbon future. Our purpose is to turn natural resources into energy for people and progress for society.
Equinor’s portfolio of projects encompasses oil and gas, renewables and low-carbon solutions, with an ambition of becoming a net-zero energy company by 2050. Headquartered in Stavanger (Norway), Equinor is the leading operator on the Norwegian continental shelf.
We are present in around 30 countries worldwide, including Japan, where we opened an office in 2018 to explore renewable and low-carbon business opportunities in the country, and build a strong position within the Japanese offshore wind industry.
SSE Pacifico is progressing a 6GW portfolio of early stage development opportunities by leveraging SSE Renewables’ expertise in developing, constructing and operating offshore wind farms with Pacifico Energy's extensive local experience in Japan in local preparatory development work.
SSE Pacifico is currently in the process of exploring potential offshore wind sites, aim to help realise Japan’s renewables ambitions and be a significant part of the country’s offshore wind plans during the decades ahead.
Skowronnek & Bechnak GmbH
Skowronnek & Bechnak Co., Ltd. (Tokyo and Hamburg) are advisors acting for parties negotiating risk allocation, insurance requirements or aiming at achieving insurability of new technologies and subsequent bankability of their projects. We offer 25 years of experience, acting independently, assisting our Clients negotiating adequate project specific risk allocation. Our engagement generally starts with the development when risks are evaluated and allocated and ends with the contract signature. Skowronnek & Bechnak also assist with new technology being presented to insurers to bring such technology to insurability – a condition for obtaining external financing. Having been engaged with more than 50 projects and 28 GW offshore wind, we can assist with:
• Risks and Insurance Advisory – risk matrix, mitigation and insurability, allocation of risks between contractual parties, definition of FM parameters, defining warranties and insurance requirements (initial phase of the project)
• Contractual Advisory - drafting insurance clause and schedules and participating at contractual negotiations
• Technology „insurability roadshow” - e.g. floating offshore wind - and assistance with drafting info memos to be presented by the manufacturers to insurers to achieve a general non-project specific insurability
• Lenders´ Insurance Advisory
• Insurance Due Diligence (acquisition/divestment or partial divestment)
• Education Workshops on Offshore Wind Risks and Insurance (also for insurers and insurance brokers)
NISHIMURA & ASAHI
Nishimura & Asahi is Japan’s largest full-service international law firm, with more than 700 lawyers working in close collaboration at 18 offices around the world to offer unrivaled one-stop legal services.
Our fundamental mission is to realize an affluent and fair society based on the rule of law. Committed to “Leading You Forward,” we aim to contribute to the growth of our clients and our society.
ALLEN & OVERY
Allen & Overy is at the forefront of the wind energy market, having advised on over 70 offshore and OFTO projects and a further 100 onshore wind farm projects around the globe. We are across all the salient issues in terms of due diligence and have the experience to focus on the key points that matter most. We combine this global offshore wind farm experience with unparalleled renewables experience in the Asia-Pacific region bringing together the lessons learnt on global offshore wind farm projects with our understanding of the issues and “market standards” in this region. We have advised on some of the largest and most complex renewables transactions and our combination of sector expertise, commercial acumen, focused legal skills and global reach allows us to give you access to the best advice possible.
Allen & Overy has a market-leading international track record of acting for project companies, sponsors, ECAs, financiers and governments on mergers and acquisitions, joint ventures, project development, project and acquisition finance, environmental law, regulatory matters, tax and planning in the renewable sector. Our clients instruct us because our global team of renewables experts have successfully closed more deals than other top-tier law firms, many of them ground-breaking in terms of scale, complexity and innovation of structures, physical location and delivery timetables.
DLA Piper is a global law firm operating through various separate and distinct legal entities. They advise the regulators, the regulated, investors, developers and other key industry stakeholders, including governments in the power, renewables, mining, commodities trading, oil and gas, waste, water or hydrogen markets.
Ashurst is proud to be one of the leading law firms in the power and renewables sector globally, with a large team of dedicated renewables focused lawyers located across our global network. Our team comprises partners and lawyers who have worked on cross-border investments from procurement, throughout development and construction and into operations. The Asia-Pacific based team has supported the rapid development of the renewables sector in the Asian market.
We are particularly known for our significant experience in offshore and onshore wind. Our involvement started with the first offshore contracts as well as the development of standard form construction contracts for use in the UK. More recently the team has been involved in the financing and development of some of the mega projects in the industry across the UK, France and Germany, as well as numerous bids to acquire or sell equity. The Asia offshore wind market represents a relatively new investment opportunity. However, we have moved lawyers from Europe with European offshore wind experience to Asia and are already active supporting projects including in Japan.