Energy
Move to slash transport costs seen boosting profitability
Vestas wind turbines at an offshore wind farm off the coast of Akita prefecture in northern Japan. (Photo by Masayuki Kozono)
TOKYO — Denmark’s Vestas, the world’s largest manufacturer of wind turbines used in offshore wind power generation, will set up a factory in Japan by fiscal 2029 to tap growing demand here and elsewhere in Asia, Nikkei has learned.