Major trading house Itochu Corp. will invest in one of the largest German offshore wind farms jointly with a wholly owned subsidiary of Chinese state-backed conglomerate CITIC Group Corp. Itochu said Tuesday that it and Hong Kong-based CITIC Pacific Ltd. have agreed to acquire from ...
Dramatic progress in renewable electricity is a hugely positive development; but the benefits are most easily grasped in developed, relatively sparsely populated countries.
Obayashi Corp. is considering building a wind power project with as much as 455 megawatts of capacity off the coast of Akita Prefecture, amid a push by the local government to expand the use of clean energy. The Tokyo-based construction company plans to begin an ...
The capacity of wind power generation worldwide reached 432.42 gigawatts (GW) at the end of 2015, up 17 percent from a year earlier and surpassing nuclear energy for the first time, according to data released by global industry bodies. The generation capacity of wind farms ...
As Germany is demonstrating with its Energiewende program, transitioning from fossil fuels to renewable energy is a matter of resolve.
Hitachi Ltd. plans to expand its reach into the market for offshore wind projects by adding a production line to make key turbine parts used in some of the largest wind-generation systems currently available. The Tokyo-based company is considering adding a line to produce nacelles ...
Thirty-three countries, which together produce 40 percent of the world's greenhouse gas emissions, have submitted their emission reduction targets to the U.N. climate body, which could boost efforts to reach a new global agreement later this year to combat climate change. Christiana Figueres, executive secretary ...
Marubeni Corp. is planning to develop more than five times the offshore wind power capacity currently installed in Japan as it moves aggressively into a poorly developed area of the country's renewable energy market. "If you want to do large-scale projects, it's offshore wind that ...
Another year has dawned, Prime Minister Shinzo Abe has been at the helm for more than two years and nearly four years have passed since the Fukushima disaster brought Japan to its knees. And still we wait for a realistic blueprint from the government ...
SoftBank Corp. will invest $7 million in Altaeros Energies Inc., a U.S. company developing airborne wind turbines. Altaeros is working to commercialize technology to lift wind turbines into consistently high altitudes so they can produce more power than tower-mounted turbines, the companies said in a ...
Honda Motor Co. has completed the construction of its wind power plant in Brazil to generate electricity matching the amount needed for the automaker's four-wheel vehicle production in the country. On Wednesday, the Japanese automaker held a ceremony in Xangri-la in the southern state of ...
SoftBank Corp.'s clean-energy unit and a partner will build a 100-megawatt wind-power station off the coast of Ibaraki Prefecture. The project will be developed by Wind Power Energy Co., in which SoftBank unit SB Energy Corp. holds a 49.9 percent stake, according to a statement. ...
