TOKYO : Tokyo Electric Power Company Holdings said on Monday that it had won the rights to develop up to 1.9 gigawatts of floating offshore wind capacity across two projects in Scotland together with Norway-based company Vargronn.
The two Scotland projects, Green Volt and Cenos, will be developed by TEPCO's UK unit, Flotation Energy, and Vargronn, TEPCO said in a statement. Vargronn counts Italian energy company Eni among its shareholders. The Japanese company recently invested an undisclosed sum into Flotation Energy, a British floating offshore wind power company, its first equity investment in overseas wind power.
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