Tokyo, Japan – The Renewables Consulting Group (RCG) today announced that it is establishing a Japanese business and is opening a new office in Tokyo. The new office will support existing engagements in Japan and serve other clients in the region.
Last year, as part of its strategic energy plan, the Japanese government committed to making renewable energy the main power source, setting a renewables target of 22%-24% of the total energy mix by 2030. Offshore wind development is beginning to take off and the government is working on legislation to support the industry. Significant investment is anticipated in Japanese offshore wind, both fixed-bottom and floating projects, and other renewable energy sources.
To support this growth, RCG is delighted to announce the opening of its Tokyo office and the intention to grow a major presence in the Asia-Pacific region. The firm has already recruited a Japan country lead, who will be in post shortly. Further announcements on this and other hires will be made in due course. Last year RCG established a Taiwan business, opening an office in Taipei and hiring a local team led by Michael Chang.
Commenting on the new office in Tokyo, Sebastian Chivers, RCG’s Chief Executive Officer, said:
“The emerging offshore wind market in Asia is drawing significant interest from international and domestic developers and investors. The opening of our Tokyo office will allow RCG to extend our market-leading advisory services to our local clients and will strengthen current and future projects across Asia-Pacific. The decision to establish a major presence in Japan builds upon our bold plans for continued growth worldwide.” – Sebastian Chivers, Chief Executive Officer.
RCG is already supporting offshore wind projects in Japan. Commenting on recent contract awards, Gareth Lewis, RCG’s Managing Director for New Markets, said:
“Japan is an exciting market and we are delighted to be assisting clients with our technical advisory services. We are experienced in working on first-of-a-kind renewables projects and it is fantastic to be working to support the development of offshore wind in Japan. – Gareth Lewis, Managing Director, New Markets.
RCG’s continued growth means the firm is able to deploy experienced local teams on any renewable energy engagement, backed up by a team of over forty international experts, to deliver high-value market intelligence, management consulting and technical advisory services.
RCG will be attending The Asia Wind Energy Association’s 5th Asia Offshore Wind Day in Tokyo on 24 January 2019. Billed as Asia’s largest offshore wind gathering, the event brings together senior executives active in the offshore wind industry in Asia.
With the Japanese government expected to further stimulate the sector, the offshore wind sector will grow significantly in the coming years. In addition, other growing markets such as China, South Korea, Taiwan, India, Australia and Vietnam will be discussed during the conference.
RCG is pleased to support the Asia Wind Energy Association’s 5th Asia Offshore Wind Day and is looking forward to meeting existing and future clients at the conference.