Tokyo, Aug. 27 (Jiji Press)–Mitsubishi Corp. said Wednesday that it will pull out of offshore wind power projects in three areas of Japan. Following a reassessment of the projects conducted in light of soaring construction materials costs and rising interest rates, “we have determined that establishing a viable business plan is not feasible given the current conditions,” the major Japanese …
Tokyo, Aug. 27 (Jiji Press)–Mitsubishi Corp. said Wednesday that it will pull out of offshore wind power projects in three areas of Japan. Following a reassessment of the projects conducted in light of soaring construction materials costs and rising interest rates, “we have determined that establishing a viable business plan is not feasible given the current conditions,” the major Japanese …
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