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.

J-POWER will take over Mitsubishi Heavy Industries’ domestic onshore wind maintenance operations under a deal set to strengthen its local market position by spring 2026.
The consortium brings together Air Liquide, RTE, Nexans, ITP Interpipe and CentraleSupélec to develop a demonstrator for offshore electricity transport using superconducting cables cooled with liquid nitrogen.
Developer Q ENERGY has inaugurated a seventh wind farm in Biesles, Haute-Marne, with Velto Renewables acquiring a 50% ownership stake.
French start-up Wind fisher unveils a pioneering airborne wind system capable of producing twice as much electricity as a ground-based turbine by tapping into powerful winds above 300 metres.
The Canadian energy producer led the tenth wind tender launched by the CRE, with two projects representing 13% of the allocated capacity, strengthening its strategic position in the French market.
The European Commission has selected BW Ideol’s Fos3F project for a grant of up to €74mn, targeting the construction of a concrete floater plant for floating wind turbines at the industrial site of Fos-sur-Mer.
Canadian company Boralex reported a net loss of CAD30mn in the third quarter, impacted by lower electricity prices in France and adverse weather conditions in North America.
Energiekontor has closed financing for three new wind farms in Germany, strengthening its project portfolio and reaching a historic construction milestone in the 2025 fiscal year.
RWE has finalised installation of all 44 foundations at the Nordseecluster A offshore site in the North Sea, a key milestone before planned maintenance activities leading up to 2027 on this 660-megawatt project.
A pilot project backed by the state aims to modernise electricity transport between offshore wind farms and the mainland grid using superconducting cables cooled with liquid nitrogen.
The Danish wind turbine manufacturer doubled its net profit in the third quarter despite complex market conditions, supported by increased onshore deliveries and order growth.
Danish offshore wind giant Ørsted reported a net loss of 1.7 billion kroner in the third quarter, despite a $9.4 billion recapitalisation aimed at strengthening its balance sheet and stabilising operations.
Norway's energy regulator has rejected an application to build a wind farm in the northern Finnmark region due to potential environmental impacts and threats to Indigenous Sami culture.
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.

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.