Japan’s Offshore Wind Auction rules changes unlikely to have a major impact on projects

The Ministry of Economy, Trade, and Industry (METI) is taking proactive steps to address rising concerns that offshore wind projects in Japan might struggle to move forward due to increasing costs. Recognizing the financial pressures, METI is considering adjustments to its auction system for designated offshore wind zones. Under the proposed changes, the bidding price

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What if Renewable energy was not getting cheaper anymore?

This Week the Japan photovoltaic Energy Association and the Japan Wind Power association reported to METI on the status of their respective industry, with a focus on current development and generation costs. Without much surprise both industries are reporting rising costs, moving further away from METI’s LCOE targets. METI had been expected PV to generate

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Not ready for truly sustainable business strategy

Last week, Logitech’s CEO, Hanneke Faber, addressed the significant challenges that companies encounter when attempting to reduce their environmental footprint. While procuring renewable energy and utilizing recycled materials are essential steps, achieving “zero carbon” goals requires more substantial changes, including reducing physical production. This often means designing products that focus on essential customer needs, with

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