European Commission OKs Mitsui, Osaka Gas, RWE JV for Japan project

The companies will develop a 684 MW offshore wind project.

The European Commission approved the joint venture to be formed by Mitsui & Co., Ltd. (‘Mitsui'), Osaka Gas Co., Ltd (‘Osaka Gas') and RWE Offshore Wind Japan Murakami-Tainai K.K. (‘RWE KK') for the construction and operation of a project in Japan.

In a statement, the commission said that the joint venture will not pose competition concerts as it has limited impact on the European Economic Area.

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The Japanese Government appointed a consortium by Mitsui, Osaka Gas and RWE to develop a 684-megawatt project off the coast of the cities of Murakami and Tainai in Niigata Prefecture, RWE said in a statement in December.

The project which will be composed of 38 wind turbines is scheduled to start operations in June 2029.