Equinor announced it is ending its offshore wind business activities in Japan and will close its Tokyo office by year‑end as part of a broader shift toward power markets. The decision cuts a major foreign player from Japan’s offshore wind sector, affecting project pipelines and signalling a reassessment of renewable investments in the country. Equinor (Norwegian energy company), Japanese government and offshore wind stakeholders, and Equinor’s Tokyo office staff. Equinor will redirect capital to power‑market initiatives, while Japanese authorities may seek alternative developers to fill the offshore wind gap. Equinor announced it will cease offshore wind activities in Japan and close its Tokyo office by year‑end, citing a strategic shift toward power markets. The move removes a major international player from Japan’s nascent offshore wind sector, potentially slowing the country’s renewable‑energy rollout. It also frees capital for Equinor to pursue other non‑oil‑gas investments, reflecting a broader reassessment of its renewable portfolio.
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