Mitsubishi Offshore Wind Projects Withdrawal
Sector: Warehouse • Location: Japan
Source: IEEFA | Institute for Energy Economics and Financial Analysis
Mitsubishi Corporation withdrew from three offshore wind projects in Japan due to aggressive auction bidding in 2021 that left limited buffers for inflation. Project costs more than doubled, with total investment exceeding JPY1 trillion, resulting in a loss of JPY52.2 billion. The projects were part of Japan's offshore wind sector expansion, which faces structural challenges including high constru
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | cancelled |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Mitsubishi Corporation withdrew from three offshore wind projects in Japan due to aggressive auction bidding in 2021 that left limited buffers for inflation. Project costs more than doubled, with total investment exceeding JPY1 trillion, resulting in a loss of JPY52.2 billion. The projects were part of Japan's offshore wind sector expansion, which faces structural challenges including high construction costs, inflation, and supply chain issues. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |