Japan launches its first auction for a floating offshore wind farm

first_imgJapan launches its first auction for a floating offshore wind farm FacebookTwitterLinkedInEmailPrint分享Bloomberg:Japan officially launched its effort to seek participants in the nation’s first auction for a floating offshore wind farm.The nation’s economy and land ministries will select the winner of the auction around June 2021 to construct the floating turbines off the southern prefecture of Nagasaki, according to a joint statement on Wednesday. The deadline for bidding in the auction is Dec. 24. Winning bidders will be chosen after consulting with experts on the feasibility and efficiency of the proposed business plans, according to a spokesman of the Ministry of Economy, Trade and Industry.The capacity of the floating farm must be a minimum of 16.8 megawatts. The feed-in tariff for the farm is set at 36 yen ($0.34) per kilowatt hour.The auction will be the first under Japan’s offshore wind promotion law, which took effect April 1, 2019, as the nation aims to achieve the target of boosting renewable energy to 24% of its total power generation by 2030, from about 17% in 2019. Developing affordable floating offshore wind technology is seen as key to meeting those goals, as available land is scarce and Japan doesn’t have the shallow coastal areas that have allowed traditional offshore turbines to prosper in places like Denmark and the U.K.BloombergNEF expects Toda Corp. to win the auction as the company is already planning to develop a 22-megawatt floating project in the same location, and the tender process gives preference to existing developers with good community ties and offshore wind experience, according to analyst Isshu Kikuma.[Aya Takada]More: Japan starts to seek bidders for first floating wind farm auctionlast_img read more

Bolick excited to play against UAAP champs for Filoil crown

first_imgTim Cone, Ginebra set their sights on elusive All-Filipino crown Bolick said he has no doubt of his team’s capabilities and he is looking forward to facing the Blue Eagles.“They’re the champions in the UAAP, we’re the champions in the NCAA so it’s a good way to see who is really the better team,” said Bolick in Filipino. “I’m happy because the Ateneo players are my friends so I’m excited to face them.”FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folkSPORTSTim Cone, Ginebra set their sights on elusive All-Filipino crownThe Red Lions lost to Ateneo in the elimination round, 68-69, however, Bolick did not play in the game.Bolick said one of the key factors in beating Ateneo is to stop their team play as the Blue Eagles “are good at sharing the ball.” Jury of 7 men, 5 women selected for Harvey Weinstein rape trial Volcano watch: Island fissures steaming, lake water receding Chief Justice Peralta on upcoming UAAP game: UP has no match against UST PLAY LIST 01:00Chief Justice Peralta on upcoming UAAP game: UP has no match against UST00:50Trending Articles00:50Trending Articles02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award Taal victims get help from Kalayaan town Sports Related Videospowered by AdSparcRead Next “Their system is always intact that’s why we really need to defend tomorrow,” he said.Bolick will keep an eye out for Matt Nieto, who was the start in Ateneo’s quarterfinal because the Blu Eagles’ offense starts with him.“Ateneo play as a team so it’s hard to tell who to guard. But for me, we really have to stop Matt so they can’t execute their system.” Ma. Angelica D. GarciaADVERTISEMENT 7-time champ Serena Williams gets smooth draw at Wimbledon Don’t miss out on the latest news and information. MOST READcenter_img In fight vs corruption, Duterte now points to Ayala, MVP companies as ‘big fish’ San Beda star Robert Bolick is confident that the Red Lions will successfully defend the Filoil Flying V Preseason Cup crown against reigning UAAP champion Ateneo on Saturday.ADVERTISEMENT Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Bicol riders extend help to Taal evacuees For the complete collegiate sports coverage including scores, schedules and stories, visit Inquirer Varsity. Cloudy skies over Luzon due to amihan LATEST STORIES Christopher Tolkien, son of Lord of the Rings author, dies aged 95 View commentslast_img read more