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Home » News » Wind Energy » Mitsubishi Reports ¥52bn Impairment on Japanese Offshore Wind Projects Amid Changing Market Conditions
Wind Energy

Mitsubishi Reports ¥52bn Impairment on Japanese Offshore Wind Projects Amid Changing Market Conditions

By Don PadillaFebruary 6, 20252 Mins Read
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Mitsubishi Corporation has reported an impairment of ¥52.2 billion (€330 million) on its Japanese offshore wind projects in its Q3 2024 earnings presentation. The company disclosed the losses within its Power Solution segment, attributing the impairment to the challenges faced in the offshore wind business. The company stated, “We recorded impairments and other losses of

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Mitsubishi Offshore Wind
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