ClassNK invests in the Wind Energy Institute of Tokyo
ClassNK has further strengthened its renewable energy activities by agreeing to form a capital alliance with the Wind Energy Institute of Tokyo Inc. (WEIT) on 15 January. Based on the agreement, ClassNK will acquire around 30% of WEIT’s shares through a third-party allotment and a nonexecutive director will represent ClassNK on the Institute’s Board of Directors. The partnership enables both parties to leverage their wealth of experience and knowledge to develop solutions to issues currently faced by the renewable energy industry. Operating Officer and General Manager of the ClassNK Renewable Energy Department Mr. Hirofumi Takano said: “Through this mutually beneficial agreement we will further accelerate the technological development of marine renewable energy and promote its practical application and commercialization. By offering our services we can help ensure the safety and success of future renewable energy projects for the benefit of the greater community.” Since its establishment in 2004, WEIT has provided a variety of services such as wind resource assessment and load analysis for wind turbine structures, making WEIT renowned as a leading technical institute for wind energy systems. WEIT has also been involved in multiple successful wind energy projects in complex site conditions common in Japan’s geography such as ...
Read moreDetails