Principle Power Gains Ground In Japan
Takashi Uchida, the president of Tokyo Gas, recently stated that: “Tokyo Gas has been diversifying into power generation over the last few years and building a portfolio of renewable energy projects around the world. We have a strategic interest in offshore wind to expand our domestic and international power business and to lead to achieve zero CO2 emissions.”
He further explains that Principle Power has the perfect strategic point that goes to establishing a company’s ambition. The corporation aims to deploy large-scale commercial wind projects in Japan and eventually expand operations worldwide
Principle Power recently portrayed its dedication in the market as an independent technology company. This advancement has made it possible for Principle Power Japan to receive voting membership in Japan’s Wind Power Association (JWPA). Principle Power is also an associate of the Japan Offshore Wind Task Force (JOWTF), a joint initiative launched by JWPA and the Global Wind Energy Council (GWEC) to stimulate Japan’s offshore wind market.
During the equity round proceedings, Green Giraffe represented Principle Power’s interests as a specialist in renewables. As it stands, Tokyo Gas is Japan’s primary provider of city gas and generates 2.8GW of the total power generated. Looking at this, it is evident that Japan’s renewable future looks promising.