LOC Renewables and CR Classification Society Team Up in Taiwan
LOC Renewables has reached an agreement to partner with the Taiwanese certification body, CR Classification Society, to offer marine warranty surveying (MWS) services for Taiwanese offshore wind projects.
Taiwan has recently awarded contracts for over 3.8GW of new offshore wind projects in an auction process, as the government aims to source 20% of its power from renewable sources by 2025.
Under the terms of their agreement, LOC Renewables and CR Classification Society will jointly tender to provide MWS services for Taiwan’s offshore wind energy project pipeline. The partnership will allow the two companies to offer a service that combines CR Classification Society’s local experience with LOC Renewables’ engineering expertise, the companies said.
Donald Chao, Chairman of CR Classification Society, said: “Having spent 5 years looking for a team that we can cooperate with in Taiwan, we are pleased to begin this phase with the most experienced team as our partner. I look forward to a long and successful cooperation between us.”
Taiwan has set a goal of developing 5.5GW of offshore wind capacity by 2025.
“The opportunities in the Taiwan Strait are incredibly promising for the offshore wind sector, but for developers, there are also a lot of ‘unknowns’ to contend with,” R.V. Ahilan, Director of LOC Renewables and joint CEO of LOC Group, said.
“This collaboration will enable developers to enter this emerging market, confident in the knowledge that they are benefitting from international expertise gained in more mature markets delivered locally without compromising standards or responsiveness.”