Japan confident on wind power after Mitsubishi blow
Coronavirus
TOKYO Japan remains optimistic about the adoption of renewable energy despite Mitsubishi pulling out of three big offshore wind projects, the government said on Aug. 28. Blaming high costs, Mitsubishi said it was exiting the projects, which planned 134 turbines to generate power for more than a million homes. Mitsubishi Corporation CEO Katsuya Nakanishi said costs had "swelled far more than we anticipated" in the wake of factors such as the COVID-19 pandemic and the Ukraine crisis. "We
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