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The Electric Power Development, operating under the brand name of J-Power, and Engie have signed a Memorandum of Understanding (MOU) to a non-exclusive collaboration for power projects, particularly in large scale commercial offshore wind projects.
 
To promote and expand Japan's renewable energy in the future, J-Power and Engie believe that offshore wind power generation is a promising technology and therefore joint efforts shall be undertaken as part of this MOU to improve the competitiveness of the technology, including floating offshore wind power generation. Additionally, the companies will continue discussions for further collaborations in a variety of projects in Japan, Europe and other regions.
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