Spanish wind turbine tower manufacturer GRI Renewable Industries and the US subsidiary of Japanese investment and trading giant Mitsui are considering forming a joint venture to invest in a US factory.
The partners have signed a memorandum of understanding for the joint venture, and are analysing potential locations for a factory on the US east coast to produce offshore wind towers from 2026.
US steel producer and recycler Nucor Corporation is in line to serve as a strategic supply chain partner for the joint venture, and is due to provide steel for offshore wind tower construction, including heavy-gauge steel plate.
GRI and Mitsui described the US offshore wind sector as “growing”.
Fully commissioned US offshore wind farms today total 42MW, but the Biden administration has set a target of 30GW of capacity by 2030.
GRI entered the offshore wind sector in 2018 when it opened a new factory in its home market. It is also looking to build an offshore wind turbine tower factory in the UK.
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