Mitsubishi Corporation awarded Hollandse Kust West Site VI Offshore Wind in the Netherlands

Mitsubishi Corporation granted Hollandse Kust West Site VI Offshore Wind in the NetherlandsTOKYO, Dec 16, 2022 – (JCN Newswire) – Mitsubishi Corporation (MC) is happy to reveal that MC, through its 80% subsidiary N.V. Eneco (Eneco), and Shell plc have actually achieved success in the tender for the Hollandse Kust West Site VI overseas wind farm (HKW, 760 MW capability) situated roughly 50 km off the northwest coast of the Netherlands. This will be Eneco’s 5th overseas wind jobs in the Netherlands, bringing the gross capability of overseas wind 2,500 MW.HKW is arranged to begin its business operation in 2026 and will provide renewable resource which suffices to decarbonise about 3% of the existing Dutch electrical energy need. While overseas wind power generation will play a main function in the future growth of renewable resource, it is vital to promote it in consistency with the environment, consisting of marine environments. This task will carry out numerous procedures to lessen ecological effect, and is anticipated to add to the constant growth of overseas wind power generation.Through its dedication to concurrently create financial, social and ecological worth, MC is aiming to attain sustainable development hand in hand with society. MC has actually been doing more in the last few years to produce brand-new carbon-neutral markets that will be powered by renewable resources. These efforts belong to our work to renew neighborhoods through services that promote both digital (DX) and energy (EX) improvements, which is a crucial goal of our most current management strategy, “Midterm Corporate Strategy 2024: Creating MC Shared Value.” Through Eneco, we will add to the steady supply of renewable resources and decarbonization. Mitsubishi CorporationHeadquarters: 2-3-1 Marunouchi, Chiyoda-ku, TokyoMain Operations: MC participates in a large range of companies covering several markets and managed by its Industry DX Group and 10 Business Groups: Natural Gas, Industrial Materials, Petroleum & Chemicals, Mineral Resources, Industrial Infrastructure, Automotive & Mobility, Food Industry, Consumer Industry, Power Solution, and Urban Development.Representative: President & CEO Katsuya Nakanishi EnecoHeadquarters: Rotterdam, the NetherlandsMain Operations: vertically incorporated portfolio of eco-friendly generation, trading and supplyRepresentative: Mr. As Tempelman ( CEO ) Materiality Based on the Three Corporate Principles, which work as MC’s core viewpoint, MC has actually continued to grow together with society by adding to the sustainable advancement of society through its organization activities while pursuing worth production. MC” s modified “Materiality” was revealed in Midterm Corporate Strategy 2024 as a set of vital social problems that MC will focus on through its organization activities, towards the method” s objective of constant development of MC Shared Value (MCSV). Assisted by this Materiality, MC will continue to reinforce its efforts towards sustainable business development. Out of the 6 product problems connecting to “Realizing a Carbon Neutral Society and Striving to Enrich Society Both Materially and Spiritually”, this task’s activities especially support “Contributing to Decarbonized Societies” “Conserving and Effectively Utilizing Natural Capital” “Promoting Stable, Sustainable Societies and Lifestyles” and “Utilizing Innovation to Address Societal Needs”. Questions RecipientMitsubishi CorporationTelephone: 81 -3-3210-2171Facsimile: 81 -3-5252-7705 Copyright ©2022 JCN Newswire. All rights booked. A department of Japan Corporate News Network.

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