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Wednesday, 7 March 2012, 14:00 HKT/SGT
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Source: Mitsubishi Corporation
Fukushima Recovery, Experimental Offshore Floating Wind Farm Project

TOKYO, Mar 7, 2012 - (ACN Newswire) - A consortium made up of Marubeni (project integrator), the University of Tokyo, Mitsubishi, Mitsubishi Heavy Industries, IHI Marine United, Mitsui Engineering & Shipbuilding, Nippon Steel, Hitachi, Furukawa Electric, Shimizu and Mizuho Information & Research are participating in an experimental offshore floating wind farm project sponsored by the Ministry of Economy, Trade and Industry (METI).

This experimental project consists of three floating wind turbines and one floating power sub-station off the coast of Fukushima. The first stage of this experimental project will begin in 2012 and consists of one 2MW floating wind turbine, the world's first 66kV floating power sub-station and undersea cable. In the second stage of the project two 7MW wind turbines will be added between 2013 and 2015.

Fukushima Prefecture expects this experimental project to spawn a new industry in renewable energy and create employment as part of recovery efforts in the wake of the Great East Japan Earthquake. Through this experimental project, Fukushima Prefecture hopes to develop a large wind farm industry. It is understood that one of the most important themes of this experimental project is the coexistence of the fishery industry with the offshore wind farm industry. To ensure this the consortium will work hard to maintain good relations with the local fishery industry through strong communication while at the same time pursuing the commercialization of this offshore wind farm project.

We believe that creating a practical wind farm business scheme through this experimental project could lead to the deployment of large scale floating wind farms in the future. Moreover, taking advantage of the experience and knowledge gained through this, the world's first floating wind farm, this business could be expanded on a global basis and lead to the development of a new Japanese export industry.

Table 1: Facility Specifications

Facility       Scale    Wind Turbine Form     Floating Form   Project
Name                                                           Term

Floating       25MVA       Substation         Advanced Spar    First
Substation     66kV
Wind Turbine   2MW       Downwind Type      4 Column Semi-Sub  First
Large Wind     7MW     Oil Pressure Drive   3 Column Semi-Sub  Second
Turbine                        Type
Large Wind     7MW     Oil Pressure Drive     Advanced Spar    Second
Turbine               Type Or Downwind Type
Table 2: Consortium Members' Main Roles

Consortium Member            Main Role

Marubeni Corporation         (Project Integrator)
                             Feasibility Study, Approval and Licensing,
                             Environment, Fishery Industry, O&M, etc.
The University of Tokyo      (Technical Advisor)
                             Floating Observation, Technical Developing
Mitsubishi Corporation       Feasibility Study, Approval and Licensing, 
                             Environment, Fishery Industry, O&M, etc.
Mitsubishi Heavy             Floating Wind Turbine
Industries Ltd
IHI Marin United Inc.        Floating Wind Turbine, Floating Body for 
                             Substation
Mitsui Engineering &         Floating Wind Turbine
Shipbuilding Co. Ltd
Nippon Steel Corp.           Steel supply
Hitachi Ltd                  Floating Electric Power Substation
Furukawa Electric Co. Ltd    Undersea Cable
Shimizu Corp.                Construction Technology
Mizuho Information &         Documentation, Committee Operations
Research Institute Inc.
Table 3: Experimental Project Marine Area Features

Depth of      Average Speed    Max Significant   Distance from shore
the Sea         of Wind          Wave Height

100 - 150m    Over 7.0m/s          10 - 15m          20 - 40km



About Mitsubishi Corporation

Mitsubishi Corporation, headquartered in Tokyo, is a global integrated business enterprise that develops and operates business across virtually every industry including industrial finance, energy, metals, machinery, chemicals, foods, and environmental business. Mitsubishi Corporation's current activities are expanding far beyond its traditional trading operations as its diverse business ranges from natural resources development to investment in retail business, infrastructure, financial products and manufacturing of industrial goods.

For more information on Mitsubishi Corporation, please visit the company's website at https://www.mitsubishicorp.com/jp/en/.

Contact:
Mitsubishi Corporation
T: +81-3-3210-2171
F: +81-3-5252-7705


Mar 7, 2012 14:00 HKT/SGT
Source: Mitsubishi Corporation

Mitsubishi Corporation (TSE: 8058)

Topic: Press release summary
Sectors: Engineering, Energy, Environment, Alternative Energy
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