Tokyo Gas Invests in WindFloat Atlantic Floating Wind Farm

Tokyo Gas strengthens its collaboration with Ocean Winds by investing in the WindFloat Atlantic floating offshore wind project in Portugal, marking its first direct foray into this sector abroad.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Tokyo Gas announces its investment in WindFloat Atlantic, a floating offshore wind farm located off the coast of Viana do Castelo, northern Portugal.
Operated by Windplus S.A., a majority-owned subsidiary of Ocean Winds (OW), this project represents a key milestone for Tokyo Gas.
Already partners in Principle Power, a technology company specializing in floating foundations, Tokyo Gas and OW are committed to the joint development of floating wind power in Japan.

Project Technology and Operations

WindFloat Atlantic is the world’s first semi-submersible floating wind farm, equipped with 8.4 MW turbines. Since 2020, OW has been the main owner, developer and operator of this project. WindFloat® technology, developed by Principle Power, ensures remarkable structural stability, capable of withstanding extreme weather conditions, with waves of up to 20 meters and wind gusts of 38.8 m/s.
KIMOTO Kentaro, Representative Executive Director, Vice President, CTO and Head of Tokyo Gas’ Green Transformation Company, comments: “Ocean Winds is a pioneer in floating offshore wind power and a global player in offshore wind energy. We are delighted to strengthen our collaboration with Ocean Winds through our participation in WindFloat Atlantic. We will use this collaboration to commercialize floating wind energy on a large scale in Japan.”

Perspectives and objectives

Craig Windram, CEO of Ocean Winds, says: “We are delighted to welcome Tokyo Gas to our 10+ year journey of developing, building and operating WindFloat Atlantic. We aim to develop floating wind power as a key source of clean energy for the energy transition and as a catalyst for a strong, sustainable industry.” The collaboration aims to use the experience gained from the WindFloat Atlantic project to develop floating wind farms in Japan. The country, in its quest to increase its production of renewable energy, could greatly benefit from this innovative technology.

Impact and Future Development

By investing in WindFloat Atlantic, Tokyo Gas is demonstrating its commitment to renewable energy and its desire to play a crucial role in the global energy transition.
This is part of a wider strategy to diversify energy sources and reduce carbon emissions, while developing sustainable energy infrastructures.
The expansion of floating wind power represents a major opportunity to meet growing energy needs while minimizing the ecological footprint.
Tokyo Gas and Ocean Winds are positioning themselves as leaders in the development of innovative, environmentally-friendly energy solutions.

Opportunities for the Japanese market

Principle Power’s WindFloat® technology, already proven in extreme weather conditions, could be a major asset for Japan, where natural challenges are numerous.
The success of WindFloat Atlantic provides a reference model for similar projects in Japanese waters, contributing to the country’s renewable energy production targets.
The combined expertise of Tokyo Gas and Ocean Winds promises to advance Japan’s floating wind industry, promoting a greener, more sustainable energy transition.
By investing in this project, Tokyo Gas aims to become a key player in the renewable energy market, while supporting global environmental goals.

Danish Ørsted has signed an agreement with Apollo to sell a 50% stake in its Hornsea 3 offshore wind farm in the UK, in a strategic transaction valued at approximately DKK 39 billion ($5.43bn).
Eneco takes over Prowind’s wind project development business in the Netherlands, adding 260 MW to its portfolio. Prowind refocuses on the German market, where demand is growing rapidly.
The Chinese wind turbine manufacturer and Saudi operator sign a seven-year framework agreement to deploy local production lines and enhance technological cooperation in several strategic markets.
Iberdrola has installed the high-voltage direct current converter station for its East Anglia THREE wind farm, marking a key milestone in a €5 billion project.
Driven by solid operational performance, Nordex has raised its 2025 EBITDA margin forecast to 7.5–8.5%, up from the previous 5–7%, following a significant improvement in preliminary third-quarter results.
Neoen’s Goyder South Wind Farm reaches full generation capacity, strengthening the French group’s presence in Australia’s energy market with 412 MW connected to the grid.
The Australian government has granted environmental approval for the 108 MW Waddi Wind Farm, a Tilt Renewables project with construction costs exceeding $400mn.
The 180 MW Nimbus wind project enters its final phase of construction in Arkansas, with commercial operation scheduled for early 2026.
Faced with market uncertainty in Europe, Siemens Gamesa pauses a planned industrial investment in Esbjerg, highlighting structural difficulties in the offshore wind sector.
Institutional deadlock in France delays tenders and weakens the offshore wind sector, triggering job cuts and major industrial withdrawals from the market.
The Lithuanian energy group has signed a EUR 318 million financing agreement for its 314 MW wind project, the largest in the Baltic states.
German group BayWa r.e. has tasked Enercoop Bretagne with implementing a citizen investment scheme for its planned wind farm in Plouisy, aiming for shared governance and stronger local involvement.
US wind capacity fell in Q2, but developers anticipate a sharp increase by late 2025, with 46 GW of new capacity forecast by 2029 and a peak in 2027.
Engie has signed a renewable electricity supply contract with Apple covering 173 MW of installed capacity in Italy, with commissioning scheduled between 2026 and 2027.
Renova a soumis une méthodologie d’évaluation environnementale pour un projet éolien terrestre de 280MW à Higashidori, renforçant son positionnement sur les technologies renouvelables au Japon.
The joint venture between BP and JERA ends its offshore wind ambitions in the United States, citing an unfavourable economic and regulatory environment for continuing the development of the Beacon Wind project.
With a 300 MW partnership signed with Nadara, Q ENERGY exceeds 1 GW of wind repowering projects in France, reinforcing its position in a market driven by public investment dynamics.
The acquisition of Cosmic Group by FairWind consolidates its position in Australia and marks a strategic expansion into New Zealand and Japan.
Danish manufacturer Vestas has paused construction of its planned facility in Poland, originally set for 2026, citing weaker-than-expected European offshore wind demand.
British operator Equitix has been selected to take over transmission assets of the Neart na Gaoithe offshore wind farm, a £450mn ($547mn) project awarded under Ofgem’s tenth tender round.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.