Mitsui Group Wins Contract for Wind Power Line Project



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Bloomberg

A joint venture between Mitsui & Co. (8031), Marubeni Corp. (8002), and SoftBank Corp. (9984)’s renewable energy unit won a contract to build transmission lines on Hokkaido to increase wind power capacity in a government pilot project.

Eurus Energy Holdings Corp., a Tokyo-based clean energy developer, was chosen for a separate contract for the same project, the Ministry of Economy, Trade and Industry said today in a statement.

“The project is intended to service and identify technical issues in areas that are suitable for wind power generation with weak transmission networks,” the ministry said.