Japan’s Mitsubishi is to acquire power transmission cables for an offshore wind farm in the UK, as the company looks to grow its influence in the European renewables market.

Mitsubishi will spend $234m to buy transmission cables and substations spanning 26km between the 258-MW Burbo Bank Extension wind farm and the county of Denbighshire in northern Wales. It is set to operate the link for 20 years starting late this year, according to Nikkei news.
Burbo Bank wind farm
More such sales are planned in the U.K., which is expected to have 23 GW of offshore wind power in operation by 2030. The European Union’s capacity is seen expanding to 66GW over the same period.

Since 2011, Mitsubishi has acquired roughly 900km of offshore power transmission cables across four sites in Germany and four in the U.K. The company is cultivating technology to ensure a stable flow of power to the grid as well as gaining operational know-how, including maintenance of undersea equipment and financial aspects such as insurance.

Offshore wind farms are expected to take off in Europe as costs come down. Coastal waters remain relatively shallow for some distance in many areas.

Mitsubishi operates solar plants in Portugal and France, offshore wind farms in the Netherlands and Belgium, and onshore wind facilities in France. The company aims to continue tapping into growing demand for power generation and transmission in Europe while using its accumulated experience to expand into other markets. It is also considering a foray into cross-border electricity transmission.

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