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Ørsted will pause and revisit its project activities, the project timelines, and local commitments in Taiwan after not receiving an establishment permit in time to sign a 2018 power purchase agreement (PPA) with Taipower for the Changhua 1 and 2a projects.
Ørsted has appointed the Bank of Taiwan, Cathay United Bank and BNP Paribas as lead arrangers for financing the Greater Changhua offshore wind projects in Taiwan.
Offshore WIND’s most read news from 12 to 18 November 2018.
Ørsted has signed a contract with CSBC Corporation for the manufacture of ”a significant number” of wind turbine foundation pin-piles for the first 900MW Greater Changhua projects in Taiwan.
Ørsted has signed a contract with Taiwan-based Formosa Heavy Industries for the manufacture of jacket foundation pin piles for the two Changhua offshore wind farms with a combined capacity of 900MW.
Ørsted has awarded its Taiwanese partner Woen Jinn Harbour Engineering (WJ) with a contract for the inter-array cable installation at the Greater Changhua offshore wind projects.
Ørsted has signed a Memorandum of Understanding (MoU) with Taiwan Navigation and Eastern Navigation for the development of a local service operations vessel (SOV) solution for the Greater Changhua offshore wind project in Taiwan.
Ørsted has taken final investment decision (FID) for the second phase of the Formosa 1 offshore wind farm in Chunan Town, Miaoli County, on Taiwan’s North-Western coast.
Ørsted has signed a contract with Taiwan-based EGST to conduct three geophysical surveys at the offshore site of the Greater Changhua wind project in Taiwan.
Ørsted has assigned CR Classification Society to perform a structural review of the offshore substation design for the Greater Changhua offshore wind projects in Taiwan.
Ørsted plans to finance the Greater Changhua offshore wind projects by capital contributions from the Ørsted Group combined with debt capital sourced from local Taiwanese financial institutions.
Ørsted has signed a Memorandum of Understanding (MoU) with Woen Jinn Harbour Engineering to make the Taiwanese company the preferred offshore cable installation partner for the Greater Changhua offshore wind projects.