Tekmar Group has won two contracts with a combined value of GBP 2 million, or about EUR 2.3 million, for an offshore wind project in Japan, according to an investor update issued on 31 March 2026.
The company did not disclose the name of the project or the customer. It said the larger award covers direct delivery of its 10th-generation cable protection systems to the offshore wind developer, and work is set to begin immediately.
The contract followed earlier preliminary technical analysis and design services provided by Tekmar Group for the same development. The company said the latest award reflected its ability to combine engineering support with technology supply across different stages of an offshore wind project.
Richard Turner, CEO of Tekmar Group, said the award showed the value of the group’s integrated engineering and technology model, as well as its ability to support customers through the full project lifecycle. He added that the contract also supported the company’s strategy of building a sustainable and diversified order book with multi-year visibility.
Revenue from the Japan contracts is expected to be recognised during the remainder of Tekmar Group’s 2026 financial year and in the first half of its 2027 financial year.
The award in Japan followed another recent contract announcement from Tekmar Group, which said it had been selected to supply cable protection systems for an offshore wind project in Europe under a separate deal worth more than GBP 4 million, or about EUR 4.7 million.
