PVTIME – The governments of the United Kingdom and Japan have formalised an industrial cooperation agreement centred on the development of offshore wind, with the aim of attracting up to £90 billion of Japanese investment to deliver 5.9GW of floating offshore wind capacity in UK waters.
Cooperation under the new agreement will include technical validation of deep-water floating wind hardware, joint development of resilient supply chain capabilities, and alignment of relevant regulatory frameworks. Project assets planned to be covered by the agreement include the Ossian and Green Volt developments in Scotland, as well as the Erebus site in the Celtic Sea. Once fully operational, this portfolio is expected to generate enough clean electricity to power around eight million UK households.
This agreement represents an increase in bilateral cross-border collaboration, opening channels for Japanese industrial expertise and investment to support Britain’s ambition to increase floating offshore wind generation in its marine territories.
