24 results found for 'Formosa 5'

24 results found for 'Formosa 5'
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  • Macquarie to Sell Stake in 376 MW Formosa 2 Offshore Wind Farm in Taiwan

    27 January 2025
    Business & Finance, Project Updates, Wind Farm Update

    Pine Wind Power Co., Ltd (Pine Wind) has agreed to purchase a 26 per cent equity and debt stake in the 376 MW Formosa 2 offshore wind farm in Taiwan from Macquarie Asset Management. The proposed investment will be acquired through J&V Energy’s wholly owned subsidiary, Pine Wind, and will be supported by capital commitments […]

  • NSEC Energy Ministers Call for Digital Tool for Offshore Wind Tenders, Supply Chain Capacities

    28 October 2024
    Cables, Fixed-Bottom, Floating Wind, Grid Connection, Manufacturing, Supply Chain

    At a North Seas Energy Cooperation (NSEC) Ministerial Meeting held on 24 October in Odense, Denmark, the energy ministers of nine North Sea countries signed a new declaration which, among other things, calls for a digital transparency tool for offshore wind tenders and supply chain capacities. NSEC ministers also issued recommendations for hybrid offshore wind […]

  • Taiwan Allocates 2.7 GW of Capacity to Five Offshore Wind Projects, Ørsted Not on List

    6 August 2024
    Authorities, Business & Finance, Fixed-Bottom, Planning & Permitting

    Taiwan’s Ministry of Economic Affairs (MOEA) has released the list of the projects awarded capacity in the latest offshore wind tender round. Five projects have been selected, totalling 2.7 GW in generation capacity. The projects are the 700 MW Youde (Shinfox), the 800 MW Formosa 6 (Synera Renewable Energy), the 600 MW Fengmiao 2 (Copenhagen Infrastructure Partners), […]

  • Swancor & Co Set Up ‘Taiwan Team’ to Develop Two New Offshore Wind Farms

    6 July 2021
    Business & Finance, Wind Farm Update

    Swancor Renewable Energy (SRE) has partnered with Tien Li Offshore Wind Technology, Yeong Guan Energy, and J&V Energy Technology to establish a consortium named ‘Taiwan Team’, which will develop two wind farms off the Taiwanese coast: one with turbines installed on bottom-fixed foundations and one using floating wind technology. The Taiwan Team will focus on […]

  • Swancor, Shizen Energy Eye Offshore Wind Projects in Japan

    8 December 2021
    Business & Finance

    Shizen Energy and Swancor Renewable Energy have entered into an agreement to jointly develop offshore wind farms in Japan’s Kyushu region. According to Swancor, the developer of Taiwan’s first offshore wind farm, Formosa 1, Japan’s waters are similar to Taiwan’s in terms of geological and weather conditions. “Unlike the waters of Europe, where offshore wind […]

  • Semco Maritime Wins Work on Taiwan’s Round 3 Offshore Wind Project

    17 March 2022
    Contracts & Tenders, Wind Farm Update

    Semco Maritime has received an order for a conceptual design study for a 500 MW offshore substation, including a jacket foundation, for Swancor Renewable Energy’s Formosa 4 offshore wind project in Miaoli County, Taiwan. The Danish company will carry out the scope of work with assistance from partners PTSC M&C in Vietnam, ISC Consulting Engineers […]

  • Gallery: Installing Formosa 1 Phase 1

    20 December 2016
    Wind Farm Update

    Two Siemens 4MW turbines were installed off Taiwanese coast in October, representing the completion of the first phase of the Formosa 1 offshore wind farm, which is set to comprise 32 turbines by 2019.  Both the foundations and turbines were installed by using the vessel M/V TORBEN, formerly known as Friedrich Ernestine, owned by RWE Offshore […]

  • Stonepeak Enters Mezzanine Debt with AMP to Back Taiwan Offshore Wind Investment

    19 May 2020
    Business & Finance

    New York-based Stonepeak Infrastructure Partners has entered a USD 145 million mezzanine debt agreement with AMP Capital to support the acquisition of Swancor Renewable Energy and the construction of the Formosa 2 offshore wind farm in Taiwan. “The transaction represents our first infrastructure debt investment in Taiwan– it’s a key milestone for our business and […]

  • A2SEA Wins Taiwanese Offshore Wind Gig

    7 October 2015
    Vessels, Wind Farm Update

    A2SEA has signed a contract to install two foundations and two Siemens 4MW turbines on the Taiwanese project Formosa 1, developed by Swancor/Formosa Wind Power CO., Ltd. The foundations and turbines will be installed from June 2016 by the vessel M/V TORBEN, formerly known as Friedrich Ernestine, owned by RWE. A2SEA will be responsible for ship management […]

  • US Investment Firm Buys 95% Share in Swancor Renewable Energy

    1 August 2019
    Business & Finance

    US investment firm Stonepeak Infrastructure Partners has acquired a 95% stake in Swancor Renewable Energy Co. Ltd, a subsidiary of Swancor Holding. The transaction is valued between USD 25 million and USD 101 million, Swancor said in a stock exchange filing. Swancor Renewable Energy holds a 15% stake in the 128MW Formosa 1 offshore wind project which is […]

  • TotalEnergies and Corio to Jointly Develop Formosa 3 as JERA Bows Out

    16 February 2023
    Business & Finance, Contracts & Tenders, Wind Farm Update

    TotalEnergies and Corio Generation have signed a joint venture partnership to develop the Formosa 3 offshore wind farms in Taiwan. Under this agreement, Corio will remain the majority shareholder and lead developer with 50 per cent plus ten shares overall in the project. The announcement comes after Taiwan’s Bureau of Energy confirmed in late December […]

  • Highlights of the Month – December 2018

    4 January 2019

    Offshore WIND’s ten most read news in December 2018.

  • Siemens Gamesa Settles in Taiwan, Calls Dibs on Taichung Port Site

    6 December 2017
    Business & Finance, Ports & Logistics

    As announced on 5 December, Siemens Gamesa today issued more details on its new Asia Pacific office, which has been opened in Taipei, and also revealed another plan. Namely, the company is looking into setting up a manufacturing and pre-assembly site at Taiwan’s Taichung port.

  • DNV GL: Solid First Annual Results

    19 May 2015

    2014 was the first full financial year of the DNV GL Group AS (DNV GL) following the merger between DNV and GL. “While both managing the ambitious merger and maintaining a full focus on providing premium service to our customers, we also increased our revenues by 10%, achieving an operating revenue of NOK 21,623 million,” […]

  • EXPO 2017: From Wind Turbines to Smart Grid

    23 June 2017

    By Astana EXPO 2017 EXPO 2017, an International Specialized Exhibition on “Future Energy”, opened its doors in the capital of Kazakhstan on June 10. It is inviting industry professionals and tourists from around the world to discover the most advanced technologies and the latest innovations in green energy. A global meeting point in Astana has […]

  • WWF: More Countries Join Public Movement Away from Coal to Support Renewables

    6 September 2013
    Environment

    The announcement today that five Nordic countries will stand with the US in ending public finance for new coal-fired power plants overseas, except in rare circumstances, is significant and builds on the growing movement away from coal, the most polluting energy source, says WWF. Denmark, Finland, Iceland, Norway and Sweden have joined the US in […]

  • UK: Narec to Award Contracts for Blyth Offshore Wind Demonstration Site Development

    28 May 2012
    Business & Finance, R&D

    Narec has launched a procurement process to identify industry partners to collaborate on the build out of the 100MW Blyth Offshore Wind Demonstration Site, off the coast of Northumberland, UK. The project, the largest demonstration site in the UK, is now in a position to leverage the additional investment that will make it a world-leading […]

  • Sweden: Minesto Develops World’s First Simulator for Anchored Flying Underwater Vehicles

    1 July 2013
    R&D, Technology

    Nordic marine energy technology leader Minesto has developed a simulator to aid the development of its Deep Green marine power plant. Deep Green is the only marine power plant that is able to cost efficiently produce electricity from low velocity tidal and ocean currents. The simulator has been developed in-house by Minesto’s own research and […]

  • LM Wind Power to Develop the World’s Longest Wind Turbine Blades for Offshore Wind Turbines (Denmark)

    9 February 2011
    Technology

    Record blade pushes the limits to bring down the Cost of Energy of offshore wind. LM Wind Power and Alstom have entered a strategic partnership to develop the longest wind turbine blade ever produced, designed to fit Alstom’s new 6 MW wind turbine for the growing European offshore wind market. This means that LM Wind […]

  • Keppel breaches new depths in the offshore wind energy sector (Singapore)

    29 July 2010

    Offshore arm Keppel FELS commercialises its new wind turbine installation vessel design for deeper waters in partnership with leading fleet owner and operator Seafox Group. Keppel FELS Limited’s (Keppel FELS) multi-purpose self-elevating platform (MPSEP) design has been chosen by the Seafox Group (Seafox) as the basis for a new-generation, wind turbine installation vessel that can […]

  • Asia in stats: Big ambitions ahead for Asian offshore wind

    6 August 2013

    Today just over 6GW of offshore wind generation capacity is inst alled world wide, with an equal amount in development or under construction. While the top offshore wind markets are still found in Europe, representing more than 90% of the current installed capacity, a number of Asian countries including China, Japan, Korea, Taiwan and India, have ambitious plans, some of […]

  • Jiangsu Ocean Longyuan Creates Innovative Model for Wind Farm Development (China)

    31 January 2012

    For less than 2 years since its establishment on March 5, 2010, Jiangsu Ocean Longyuan Wind Power Co., Ltd, in the new energy development and construction field of ocean wind power, has successfully completed the construction of the 100MW capacity in Longyuan Rudong 32MW Ocean (Intertidal Zone) Trial Wind Farm and 150MW Intertidal Zone Pilot […]

  • CEO of Alstom Reorganizes Company to Boost its Development (France)

    16 June 2011
    Business & Finance

      The Alstom Board has approved a major reorganisation of the company proposed by Patrick Kron, Chairman and Chief Executive Officer of Alstom. This reorganisation is effective on 4 July 2011. Alstom has undergone a period of strong growth, followed by the necessary adaptation to a tougher economic environment created by the crisis. As the […]

  • Prysmian Announces Results for First Half of 2011 (Italy)

    29 August 2011

    The Board of Directors of Prysmian S.p.A. has approved the consolidated results for the first half of 2011. “The first half of 2011 has confirmed the signs of recovery in demand seen from the second half of last year, resulting in a volume increase for the majority of businesses”, states CEO Valerio Battista. “The half-year […]