Chubu Electric Power has decided to participate in Hollandse Kust West (HKW) Site VI offshore wind power project located approximately 53km off the northwest coast of the Netherlands.
The project is being developed by Shell and Eneco, and Chubu Electric Power has entered into an agreement with Eneco to obtain 30% of equity shares of Ecowende (Project Company), the operating company of the Project. The Project Company is planning to construct an offshore wind farm, which can supply 760MW to the Dutch power grid, and will start its commercial operation in 2026. For Chubu, this is the first time to directly invest in an offshore wind power project outside Japan.
