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    Home > News > Power News > News Article

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    BW Ideol Forms Partnership with Tohoku Electric Power


    May 13, 2022 - Marketline - Deals

     

      Deal In Brief

      BW Ideol AS, a renewable energy company specializing in developing and operating large-scale floating offshore wind projects, has formed partnership with Tohoku Electric Power Co Inc, an electric utility company, for initiating the feasibility studies necessary to jointly develop a commercial-scale floating offshore wind farm off the coast of Kuji city, Iwate prefecture, Japan

      The project is based on BW Ideol’s proven and patented Damping Pool technology. The two companies intend to collaborate very closely to contribute to the early commercialization of cost-competitive floating offshore wind power in Japan through this Iwate prefecture project.

      Deal Type Partnership
      Sub-Category Co-development
      Deal Status Completed: 2022-05-12

      Deal Participants

      Partner 1 (Company) BW Ideol AS
      Partner 2 (Company) Tohoku Electric Power Co Inc

      Deal Rationale

      (Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Marketline shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon.)

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