Japan & Denmark to collaborate on floating offshore wind technology

Japan and Denmark are set to agree later on Tuesday to join hands in researching and developing floating offshore wind power technologies in a bid to combat climate change, an official at Japan’s industry ministry said.

The nascent floating offshore wind industry is poised for explosive growth in the coming decade as countries strive to cut their carbon emissions.

Many details have yet to be decided but the two countries will likely discuss spearheading the creation of de facto global standards for the industry, the official said.

Fidelity Japan Trust PLC (LON:FJV) aims to be the key investment of choice for those seeking Japanese companies exposure. The Trust has a ‘growth at reasonable price’ (GARP) investment style and approach – which involves identifying companies whose growth prospects are being under-appreciated or are not fully recognised by other investors. 

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