DNV GL has supported Tokyo Gas with an assessment of technical and market risks ahead of a USD 22 million investment in Principle Power’s WindFloat technology.
Tokyo Gas is working to build renewable energy sources both in Japan and globally, and beyond to achieve net-zero CO2 emissions, as set out in its Vision “Compass2030”. In its role of technical advisor to Tokyo Gas for this deal, DNV GL assessed the risks of deploying such technology in the Japanese and global markets as well as the specifics of Principle Power’s WindFloat technology, including a comparison with other floating wind technologies available worldwide.
