Extending the period would boost electricity sales, improve cash flow for project-finance loan repayments, attract a broader range of equity investors, and allow for earlier capital recovery, some panel members have said.
The new guidelines will apply from the next auction round, a land ministry official said, adding that no decision has been made on whether it will cover the past three rounds. Japan’s government has been expected to sweeten terms for developers to build a large-scale offshore wind sector as it seeks to revive ambitions derailed by soaring costs and global project delays.
AloJapan.com