Toshiba, Hitachi, others to invest $1.53 billion on wind power - Nikkei

Advertisement
By Reuters | Updated: 4 September 2012 11:49 IST
Toshiba Corp, Hitachi Zosen Corp, JFE Steel Corp and three other companies plan to invest 120 billion yen over a decade to set up offshore wind turbines, the Nikkei reported.

Potential sites for the project, which will have a production capacity of 300,000 kilowatts, include areas off the coast of the Kyushu region in southern Japan, the newspaper said.

Sumitomo Electric Industries Ltd, Toa Corp and Toyo Construction Co Ltd are the other companies, the Japanese business daily said.

Funds will be raised through a special-purpose company and project financing, the Nikkei said.

Advertisement

Japan hopes to begin building commercial offshore wind farms, following in the footsteps of Europe, especially world leader Britain.

The Japanese environment ministry has estimated the country can eventually build 1,600 gigawatts of offshore wind power capacity.

Copyright Thomson Reuters 2012

 

Catch the latest from the Consumer Electronics Show on Gadgets 360, at our CES 2026 hub.

Further reading: Hitachi, Toshiba, wind turbines
Advertisement

Related Stories

Popular Mobile Brands
  1. Here's How Much the Motorola Signature Could Cost in India
  2. iPhone 18 Pro Series Expected to Debut With Dynamic Island, Tipster Claims
  3. Oppo Reno 15 FS 5G Launched With 6,500mAh Battery, Snapdragon 6 Gen 1 SoC
  4. Redmi Note 15 Pro Series 5G India Launch Gets Delayed
  5. You Can Now Vote During Netflix's Live Events to Decide What Happens Next
  6. AI Could Be a Bubble If Only Tech Firms Benefit, Nadella Warns
  7. Death Stranding Director's Cut and Space Marine 2 Join Game Pass in January
  8. Realme 15T Review
  1. Microsoft CEO Satya Nadella Says AI’s Real Test Is Whether It Reaches Beyond Big Tech: Report
  2. Meta's New AI Team Delivered First Key Models Internally This Month, CTO Says
  3. Apple Pay Reportedly Likely to Launch in India Soon; iPhone Maker Said to Be in Talks With Card Networks
  4. Netflix Will Now Pay All Cash for Warner Bros. to Keep Paramount at Bay
  5. Xbox Game Pass Wave 2 Lineup for January Announced: Death Stranding Director's Cut, Space Marine 2 and More
  6. Best Laser Printers with Scanners That You Can Buy in India Right Now
  7. Samsung Sound Tower 2026 Lineup Launched in India With Up to 18 Hours of Playback, 240W Output: Price, Features
  8. iPhone 18 Pro, iPhone 18 Pro Max to Feature Centre-Aligned Selfie Camera Housed Inside Smaller Dynamic Island, Tipster Claims
  9. Netflix Introduces Voting Feature for Live Events; New AI Features, Redesigned Mobile App Announced
  10. iQOO 15 Ultra Scores Over 4.5 Million Points on AnTuTu Benchmark; Tipster Leaks Active Cooling System Details
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.