| Code: 191459 |

Shizen Energy, Japanese solar power company signed an agreement with Ideol, a French wind developer, collaborating on a full size floating wind farm off the coast of Japan. This partnership coincides with recent senior recruitments to shore up its local sales and engineering subsidiary.

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Shizen Energy, Japanese solar power company signed an agreement with Ideol, a French wind developer, collaborating on a full size floating wind farm off the coast of Japan. This partnership coincides with recent senior recruitments to shore up its local sales and engineering subsidiary.

The project will merge Ideol’s patented technology and Shizen's extensive experience in local project development.

For the time being, the two partners are examining the implementation of floating offshore wind power projects in Kyushu and are also considering expanding the partnership to other regions in the future.

Masaya Hasegawa, founder of Shizen Energy commented that Japan's focus on floating wind project enables the country's expansion on renewable energy, as the country is circled by sea areas with deep water and complex geographies.

Moreover,  Paul de la Guérivière, CEO of Ideol stated

"(the collaboration) truly confirms that our technology is recognized as having the highest potential at a commercial-scale level."

In the meantime, Ideol has been active in the wind offshore network, concerning the company's collaboration with STX Europe Offshore Energy, which are both to develop a new generation of floating substation.

 

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