宝くじ ビンゴ 5 and EDF Renewables partner up for offshore wind and green hydrogen opportunities

October 04, 2023

---

Mitsui O.S.K. Lines, Ltd. (宝くじ ビンゴ 5) and EDF Renewables have signed a memorandum of understanding (MoU) to cooperate in acceleration of the development of offshore wind and related business and to encourage developments in Green Hydrogen.

EDF Renewables is an international energy company, active in more than 20 Countries, with a more than 10-year experience in offshore wind, including in leading technology development in floating wind. 宝くじ ビンゴ 5 is a leading shipping company combining extensive worldwide experience in the maritime sectors and offshore business.

With this MoU, both partners wish to collaborate and bring together their respective and complementary expertise and experience in offshore wind energy as well as in green hydrogen solutions.

EDF Renewables and 宝くじ ビンゴ 5 aim to contribute to offshore wind energy goals and meet hydrogen strategies towards a net zero carbon future.

Frèdèric Belloy, Executive Vice President of International Operations for EDF Renewables said: "We are very pleased to accelerate our partnership with 宝くじ ビンゴ 5. As part of a global leader group in low carbon energy with a significant growth ambition in renewables and a more than 10-year experience in offshore wind, we're very keen to the future innovation on maritime transport both in offshore wind business and green hydrogen development worldwide and committed to contribute to Japan's energy transition."

Masayuki Sugiyama, Executive Officer, Wind Power Project & Carbon Power Solution, 宝くじ ビンゴ 5, said: "We are honoured to have the opportunity to deepen our collaboration through this MoU. With EDF Renewables, who has vast experience in developing and operating offshore wind farms and green hydrogen projects internationally, we believe this collaboration would accelerate the development of offshore wind farm and green hydrogen projects all over the world.".

<Company Overview>

About 宝くじ ビンゴ 5:

(President & CEO, Takeshi Hashimoto, Headquarters: Minato-ku, Tokyo)
宝くじ ビンゴ 5, is a leading shipping company, operating on a global scale with about 800 vessels in service. 宝くじ ビンゴ 5 develops various social infrastructure businesses centred on ocean shipping, as well as technologies and services to meet ever-changing social needs including environmental protection. As for environmental protection, the 宝くじ ビンゴ 5 Group set forth the "宝くじ ビンゴ 5 Group Environmental Vision 2.2" to promote the reduction of greenhouse gas (GHG) emissions from the group and from society at large through a concerted group-wide effort. One of the initiatives to contribute to the reduction of society's GHG emission is offshore wind power business. 宝くじ ビンゴ 5 is offering a range of services in the value chains of offshore wind power business where we can utilise our experience and expertise of maritime transport and offshore businesses (FSRU, FPSO, etc.). 宝くじ ビンゴ 5 has two pillars in offshore wind power business. One is supply chain services for offshore wind farms such as construction and logistics, marine consultation, and O&M, and the other is the development of offshore wind farms including participation in Formosa1 offshore wind power project. 宝くじ ビンゴ 5 will accumulate experience and expertise in fixed-bottom offshore wind power generation and supply chain business and attempt to become a leading company which has its strengths in floating offshore wind power generation.

For more information: /en/services/windpower/

About 宝くじ ビンゴ 5 Renewables:

(President & CEO, Bruno Bensasson, Headquarters: Paris, France)
宝くじ ビンゴ 5 Renewables is an international energy company which develops, builds, and operates renewable power generation plants. As a major player in the energy transition worldwide, 宝くじ ビンゴ 5 Renewables deploys, within 宝くじ ビンゴ 5, competitive, responsible and value-creating projects. In every country, our teams show their commitment to local stakeholders every day, adding their expertise and capacity for innovation to the fight against climate change. At the end of 2022, 宝くじ ビンゴ 5 Renewables operates a net installed wind and solar capacity of 11.4 GW (18.5 GW gross) worldwide. Mainly present in Europe and North America, 宝くじ ビンゴ 5 Renewables is pursuing its development by taking a position in promising emerging markets such as: Brazil, China, India, South Africa and in the Middle East. Historically active in onshore wind and photovoltaics, the Company is now strongly positioned on offshore wind and floating wind as well as in new technologies such as energy storage, floating solar and agrivoltaism.

宝くじ ビンゴ 5 Renewables Japan K.K. was established in June 2022 with a local team based in Tokyo to support the goals that Japan has set for itself in terms of renewable energies. 80% of the Japanese offshore wind potential requires floating wind projects, an emerging market with only few farms that are already in operation in the world, although it is a promising technology to address seabed deepness. 宝くじ ビンゴ 5 Renewables, in line with its long-term strategy and strong ambitions in floating offshore, is willing to use the lessons learned we get from our projects in France and worldwide, in terms of technology, environmental studies, consent with the local stakeholders, Governmental bodies trustable relationship in order to propose quality, innovative and competitive solutions to be delivered on time. The presence in Japan will not only relies on offshore wind and 宝くじ ビンゴ 5 Renewables will study opportunities given by the Japanese government to develop green hydrogen projects, in line with 宝くじ ビンゴ 5's Hydrogen Plan that aims to develop 3 GW of electrolytic hydrogen projects worldwide by 2030. For more information: https://www.宝くじ ビンゴ 5-renouvelables.com/en/ Follow us on LinkedIn https://www.linkedin.com/company/宝くじ ビンゴ 5-renouvelables and on X(Twitter) @EDF_RE in French and @EDF_Renewables English.