Danish wind energy developer Orsted is gearing up to launch its first big-ticket project financing in Taiwan, one of the world’s fastest-growing offshore wind markets.Orsted is expected to mandate banks next month on an NT$61.9bn (US$2bn) 18-year loan for its offshore wind farms in Changhua county…
The global testing, certification, inspection and training provider TÜV SÜD and Taiwan's IX Wind have signed a memorandum of understanding (MOU) to cooperate in various wind power industry services in Taiwan and Japan.Combining forces in the Taiwanese and Japanese wind power industry…
Taiwan's Ministry of Economic Affairs (MOEA) planned a new target to develop further 10 GW of offshore wind capacity between 2026 to 2035 - anticipation of a price drop below the average consumer price.MOEA is fulfilling the 2025 target on schedule…
Dutch offshore services firm IHC IQIP has won an order to deliver 84 jacket pile grippers for an offshore wind project.The order relates to a Taiwanese project for 21 OWF jacket foundations to be installed in 2020, IHC IQIP said earlier this week…
Thailand-based Electricity Generating Public Company Limited (EGCO Group), has acquired a 25% ownership interest in Yunlin Holding GmbH, the developer of the 640MW Yunlin offshore wind farm project in Taiwan.The electric utility holding company…
Dutch subsea technology company Seatools has won a contract to design and deliver a piling template hydraulic and instrumentation system to be used on an offshore wind farm in Taiwan.According to Seatools, the order was placed by ”an undisclosed engineering…
Global offshore wind giant Ørsted said that Matthias Bausenwein, President of Ørsted Asia Pacific, has been appointed to the new role as Head of the Asia Pacific Region (APAC), based in Taipei.He will continue to lead the regional activities but in a now strengthened setup…
Dutch engineering company Royal Boskalis Westminster has been awarded two offshore contracts with a combined value of approximately EUR 85 million.For a new offshore windfarm in Taiwan, Boskalis will carry out the scour protection of the turbine…
Specialist energy recruiters for offshore wind, ERSG has won a tender to be the sole supplier of fabrication management personnel to two undisclosed offshore wind farms in Asia.Additionally, the Wind industry specialist recruiter has also agreed…
SeaPlanner has been selected to support the operations and maintenance phase of the Formosa 1 offshore wind farm in Taiwan.The SeaRoc Group’s marine management system unit said that under the 10-year contract, SeaPlanner will be deployed by…
Ørsted, the largest energy company in Denmark, has secured nominal TWD 12 billion (USD 395m) through the issuance of green senior bonds, to finance its investments in offshore wind in Taiwan. This transaction marks the first ever green TWD bond to be issued by a foreign corporate in Taiwan…
Kim Heng Shipbuilding & Engineering (KHSE), wholly owned subsidiary of Kim Heng Offshore & Marine (KHOM), has entered into a Memorandum of Understanding (MoU) for offshore wind farm projects (OWP) in Taiwan.KHSE did not disclose the name of the other signatory…
Spanish global renewable energy company Siemens Gamesa Renewable Energy (SGRE) has been selected as the preferred supplier of turbines for the 300MW Hai Long 2 offshore wind project in Taiwan.The agreement is subject to contract and final investment decision from the consortium partners…
Italian offshore services company Saipem said it has secured two new contracts for work related to offshore wind development projects in Scotland and Taiwan.The two contracts, worth approximately €750 million ($826.4 million) combined, represents…
Tekmar Energy, a provider of protection systems for subsea cable, umbilical and flexible pipes and offshore engineering services, has secured an award in Taiwan from a repeat client Seaway 7 for wpd’s 640MW Yunlin project.The developer and manufacturer…
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