Mooring line (chain)Mooring line (chain)TOYO CONSTRUCTION I INTEGRATED REPORT 2024 Development of TLP-type floating structureIn Japan, where water depth increases near the coast, the practical application of floating wind turbines is essential for expanding offshore wind power operations. There is no proven track record that used an actual machine for the TLP-type floating structure in Japan, but the method presents many advantages, such as minimizing impacts on fishing and ship operations. Currently we are conducting on-site demonstration experiments, including the installation of seabed mooring foundations at great depths.with the exchange of technologies and human resources. Using our self-propelled multipurpose vessels and the cable-laying vessel currently under construction, we will work with partner companies to mitigate the problem of a shortage of work vessels. Offshore wind farms generally begin operations after a construction period of about two years. In addition to construction, we aim to participate in various operations and Many overseas players, including SPCs, EPCs, and suppliers, are entering the offshore wind power construction business. The execution of a project requires collaboration across a wide range of stakeholders, including those in the technical fields of land, ports, civil engineering, oceans, and electricity, as well as those in professional services such as insurance, lending, and legal affairs. Against this backdrop, expansion of our offshore wind power construction business requires multinational resources and diverse expertise, underscoring the importance of securing and developing such human resources. Typical floating typesMooring typeMooring foundationFloater oscillationOccupied area (impact on fishing and shipping)Track record (Japan)maintenance (O&M)-related businesses, such as transporting maintenance personnel and repair parts during the 20-year operation. In October 2023, we established a joint venture—MOL-TOYO Offshore Wind Power Services, Ltd.—with Mitsui O.S.K. Lines, Ltd. We are currently working to expand sales to various business operators and to submit technical proposals in response to public tenders for offshore wind power projects, with a view toward participating in the O&M business. The Offshore Wind Division not only hires new graduates but also actively seeks experienced and global talent, and has added personnel with experience in shipbuilding, oceans, and plants, as well as people with extensive overseas careers. Currently, foreign nationals compose about one-third of the workforce in the Offshore Wind Division, representing a range of nationalities and deepening the diversity of human resources. With strengths in marine civil engineering, the Toyo Construction Group is expected to play a major role in efforts to achieve carbon neutrality. We will continue to contribute to realizing a sustainable society.Semi-submersibleCatenary mooring (loose mooring)Drag anchors, suction anchors, etc.SparLargeLarge (major impact)YesTension Leg Platform (TLP) Taut mooringPiles, suction anchors, etc.(technology development required)SmallSmall (minor impact)NoneEnriching diverse human resources and making steady progress toward ambitious goals25
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