UK and Japan Sign Offshore Wind Compact Aimed at Unlocking up to £9 Billion in Japanese Investment
The United Kingdom and Japan on November 10 signed an offshore wind industrial compact aimed at unlocking up to £9 billion in Japanese investment and accelerating the development of floating and deepwater wind projects. Energy Minister Michael Shanks and Japan's State Minister of Economy, Trade and Industry Takagi Kei signed the agreement on November 10, formalising cooperation between the two countries.
The UK government said the compact will support the development of 5.9 gigawatts of floating offshore wind projects in Britain, including Ossian and Green Volt in the North Sea and Erebus in the Celtic Sea. The agreement establishes a framework for cooperation on offshore wind investment, technology demonstration, supply chain development and policy exchange.
Delivery will be led by Great British Energy and the Department for Energy Security and Net Zero on the UK side, alongside Japan's Ministry of Economy, Trade and Industry. The compact builds on a memorandum of cooperation signed in 2025 and discussions held during the UK-Japan Energy and Climate Dialogue in February 2026.
(Source: UK Department for Energy Security and Net Zero)
Source: UK Department for Energy Security and Net Zero
Published by GSM · USA (original Chinese edition)
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