Vestas has been selected as one of the successful applicants for Japan'sMinistry of Economy, Trade and Industry (METI) subsidy program, known as the Program for Promoting Investment in Japan to Strengthen Supply Chains (Second Call). Providing a total sum of JPY 209.5 billion, the program aims to strengthen the country's supply chain networks through supporting essential products, parts, and materials, and also minimize the risk of supply chain disruption due to COVID-19. The eligible products include green energy products such as offshore wind turbine parts and components. In order to enhance the country's existing wind energy supply chain, Vestas plans to develop a manufacturing assembly facility in Japan under this program, subject to being selected by successful clients bidding in the upcoming annual auction, and the sufficient volume it brings each year. The facility would provide a module and assembly for offshore wind turbine nacelles, as well as a continuous improvement function leveraging advanced manufacturing technology in Japan. Out of 272 qualified applications, Vestas is one of the 151 companies that were selected through a rigorous screening process. Vestas is one of 7 other applicants offering offshore wind energy solutions. Out of 272 qualified applications, Vestas is one of the 151 companies that were selected through a rigorous screening process. Vestas is one of 7 other applicants offering offshore wind energy solutions. Depending on the demand and cost-competitiveness of Japan's wind energy market, working closely with MHI Vestas Japan Co. Ltd. (the joint venture between Mitsubishi Heavy Industries Ltd. and Vestas), Vestas will consider establishing other parts of its regional supply chain in the country. Vestas held its inaugural Japan Suppliers' Day in April this year, strengthening its global supply chain footprint. The event aimed to continue advocacy for the country's promising supply chain.