Kawasaki Kisen Kaisha, Ltd. TSE:9107

Kawasaki Kisen Kaisha : Experimental Floating Axis Wind Turbine (FAWT) installed in a bay of Iki City, Nagasaki — Offshore demonstration of next-generation floating wind turbine begins, advancing the realization of low-cost domestic offshore wind power generation systems —

Published

Source: MarketScreener

Outlook
Outcomes of the present demonstration, together with ongoing studies for larger-scale systems, will be used to advance the development of megawatt-class demonstration systems, with the ultimate goal of their commercial deployment in the future.
The FAWT Consortium will leverage the expertise possessed by each participating company in the joint development of the FAWT, which has the potential to be a game changer for the floating offshore wind industry. Through this, the consortium aims to establish offshore wind as a primary source of electricity and contribute to the realization of the carbon-neutral society.

Consortium members
1. Electric Power Development Co., Ltd. (headquartered in Chuo-ku, Tokyo; President: Hideaki Kato)
2. Tokyo Electric Power Company Holdings, Inc. (headquartered in Chiyoda-ku, Tokyo; President: Tomoaki Kobayakawa)
3. Chubu Electric Power Co., Inc. (headquartered in Nagoya City, Aichi; President: Kingo Hayashi)
4. Kawasaki Kisen Kaisha, Ltd. (headquartered in Chiyoda-ku, Tokyo; President: Takenori Igarashi)
5. Sumitomo Heavy Industries, Ltd. (headquartered in Shinagawa-ku, Tokyo; President: Toshiro Watanabe)
6. Albatross Technology Inc. (headquartered in Chuo-ku, Tokyo; CEO: Hiromichi Akimoto)

Reference: Press release dated May 30, 2023
Joint Research Agreement Signed for Next Generation (Floating Axis) Small-scale Offshore Wind Turbine Demonstration Project
https://www.jpower.co.jp/english/news_release/pdf/news230530e.pdf

Reference: Press release dated September 11, 2024
Consortium selected for NEDO's next-generation floating offshore wind power technology development project
https://www.jpower.co.jp/english/news_release/pdf/news240911e.pdf