BW Ideol (CEO: Paul De La Guérivière) is pleased to announce the signing of a joint development agreement with ENEOS Corporation (President: Katsuyuki Ota), Japan’s largest oil refiner and distributor, to develop a site-specific commercial-scale floating offshore wind farm off Japan based on BW Ideol’s patented Damping Pool® technology. The two companies will collaborate very closely and contribute to the early commercialization of cost-competitive floating offshore wind power in Japan.
BW Ideol is a global leader in floating offshore wind with a fast-growing pipeline of commercial-scale projects across the globe. BW Ideol is the only floating technology provider with two full-scale assets in operation in two strategic and pioneering markets for floating wind (France and Japan).
Paul De La Guérivière, CEO of BW Ideol, commented “We are very honoured to team up with a leading player such as ENEOS. This collaboration confirms once again that our two-leg strategy of providing a proven technology and investing in the co-development of a project is extremely relevant in the context of a fast-accelerating new industry. We are pleased to keep on building a multi-GW project portfolio in Japan and add this project to our existing agreements for commercial-scale projects with other leading Japanese developers and utilities, confirming our unique position in this strategic market.”