Japanese Hitachi Zosen Proposes $1.5 Billion Offshore Wind Farms
Industrial machinery maker Hitachi Zosen Corp. is leading a group including Toshiba and JFE Holdings Inc. that plans to build $1.5 billion of offshore wind farms in Japan. The seven-member group will complete 7.5MW of pilot plants by 2016. They will then build wind farms with a combined capacity of 300MW over 10 years, as Hitachi Zosen’s Tokyo-based spokesman,Tomomitsu Yamamoto,told Bloomberg by telephone. ...
Read more ›