Japan-based Mitsubishi Corp has recorded an impairment charge [a reduction in or total loss of the recoverable value of an asset] of Y52.2bn ($342.4m) on its offshore wind projects in Japan.

Mitsubishi’s decision to review its plans for a trio of early offshore wind projects may have shaken confidence in Japan’s ability to fulfil its ambitions for the sector, but the government in Tokyo ...

Mitsubishi Corp., a Japanese company, announced on Thursday that it had taken a 66.8-billion-yen ($438.61-million) impairment charge for its domestic offshore wind project in the nine months ended ...

Mitsubishi Corp. recorded a 52.2 billion yen ($343 million) loss in its domestic offshore wind power generation business for the quarter ended December. Its president, Katsuya Nakanishi ...

Mitsubishi Corporation is conducting a review of its business plans for offshore wind power generation projects in Japan. The reassessment is due to an altered macroeconomic environment for the ...

However, with a "significantly changed business environment," including inflation, tight supply chain issues, rising interest ...

RWE Offshore Wind Services, LLC said in a notice filed with state regulators Friday it will cut its Boston-area workforce by ...