The Tokyo Electric Power Company Holdings and Ørsted signed anMoU in January 2019 to work jointly on offshore wind projects. Since then, they have been working together to establish a framework and organisational structure for the joint development of the Choshi offshore wind project. Having formalised their collaboration to develop the Choshi offshore wind project, the two firms will submit a joint bid in the Round 1 auction, once the Japanese government officially designates the Choshi-city offshore wind promotion area and will further work together on future offshore wind opportunities in this area.
