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Japan Offshore Renewable Project Update

In order to meet its 2015 Energy Plan, the Japanese Government is continuing to develop and implement legislation designed to encourage the development of renewable energy projects.  In this newsletter, we focus on recent developments and trends with respect to the Japanese offshore wind regulatory regime.  This newsletter discusses and summarizes the amended offshore regulatory regime to be introduced by The Act on Promotion of Use of Marine Areas for Development of Marine Renewable Energy Generation Facilities (the “Act”), which the Japanese government hopes will streamline and encourage the development of offshore wind projects in Japan.  In addition, this newsletter considers some of the key issues not fully addressed by the Act and the future outlook of the Japanese offshore renewable energy market.  

It is also available in PDF.
Finance Law Newsletter / Natural Resources and Energy Newsletter (April 2019) (869 KB / 5 pages) Download PDF [870 KB]

Authors

伊藤 真弥

Maya has extensive experience advising international investors on cross-border renewable energy projects, as well as advising both borrowers and lenders on financing for renewable energy projects in Japan. She previously worked in the cross-border project finance team of a Japanese megabank, handling matters relating to natural resources, power and energy, and infrastructure. Maya has also provided banks, financial institutions, and other corporate clients, most of which operate their businesses globally, with compliance and regulatory advice, as well as advice on a variety of governance matters. She is actively involved in D&I projects aimed at promoting the active participation of women, and has organized numerous D&I seminars and other similar events for corporations. She is also actively involved in Climate Change related projects and has organized Climate Change seminars and events.