Search results for: changhua

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  • Norwegian Joint Venture Sets Sight on Mass Producing Floating Wind Foundations

    29 February 2024
    Collaboration, Floating Wind, Outlook & Strategy

    Norway’s Odfjell Oceanwind and its compatriot Prodtex have set up a joint venture, named Windsteel Technologies, to establish the production capacity necessary to meet the need for hundreds of floating wind foundations per year in Europe. The joint venture is planning to have its first facility operational by 2027. According to Odfjel Oceanwind, the joint […]

  • Ørsted Takes EUR 4 Billion Impairment Hit

    1 November 2023
    Business & Finance

    Due to adverse impacts relating to supply chain delays, increased interest rates, and the lack of an Offshore Wind Renewable Energy Credit (OREC) on Sunrise Wind, Ørsted has recognised impairment losses of DKK 28.4 billion (about EUR 3.8 billion) in the first nine months of 2023. The majority of impairment losses, DKK 19.9 billion, relate […]

  • Northland and Gentari Finalise Hai Long Offshore Wind Deal

    29 December 2023
    Business & Finance, Business development, Collaboration, Fixed-Bottom, Outlook & Strategy, Project Updates, Wind Farm Update

    Northland Power has closed the transaction with Gentari International Renewables through which Gentari acquired 49 per cent of Northland’s ownership in the Hai Long offshore wind project located in Taiwan. Northland now holds a 30.6 per cent ownership interest in the overall project and will continue to take the lead role in Hai Long’s construction […]

  • Ørsted Doubles Offshore Wind Earnings in 2023

    7 February 2024
    Business & Finance

    World’s leading offshore wind developer Ørsted has reported an operating profit (EBITDA) of DKK 18.7 billion (about EUR 2.5 billion) for 2023 and expects this year’s operating profit to be between DKK 23 billion and DKK 26 billion (approximately EUR 3 billion and EUR 3.4 billion). This is according to Ørsted’s 2023 annual results, which […]

  • All Locally-Made Pin Piles In Place at Zhong Neng Wind Farm Offshore Taiwan

    4 October 2023
    Fixed-Bottom, Project Updates, Wind Farm Update

    All pin piles have been installed at the Zhong Neng wind project offshore Taiwan, being jointly developed by Danish fund manager Copenhagen Infrastructure Partners (CIP) and Taiwan-based China Steel Corporation (CSC). The pin piles were manufactured locally by the Taiwanese company CTCI Machinery Corporation (CTCI MAC) under a contract signed with CSC in 2020. The […]

  • Ørsted Picks CRP Subsea’s Cable Protection System for Greater Changhua 2b & 4

    19 September 2023
    Contracts & Tenders, Equipment, Supply Chain

    CRP Subsea has been awarded a contract by Ørsted to provide NjordGuard, an integrated cable protection system, for the Greater Changhua 2b and 4 offshore wind farms in Taiwan. Under the contract, CRP Subsea will supply a total of 142 NjordGuard cable protection systems, which will protect all inter-array and export cables on the projects. […]

  • Financial Close Reached for Taiwanese Offshore Wind Farm

    28 September 2023
    Business & Finance, Project Updates, Wind Farm Update

    The 1 GW Hai Long offshore wind project in Taiwan, being developed jointly by Northland Power and Mitsui & Co., has reached financial close for its 20-year TWD 117 billion (about EUR 3.4 billion) non-recourse green financing. According to Northland Power, the TWD 117 billion debt amount at closing changed from the TWD 118 billion […]

  • Northland Power, Mitsui Greenlight Taiwanese Offshore Wind Project

    25 September 2023
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    Canada’s Northland Power and Mitsui & Co., part of Japan’s Mitsui Group, have made a Final Investment Decision (FID) for the 1,044 MW Hai Long offshore wind project in Taiwan. The FID is subject to various conditions precedent and project finance contracts expected to come into force within this year, said the partners. The 1,044 […]

  • 1 GW Hai Long Offshore Wind Project Nears Financial Close

    22 September 2023
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    Hai Long Offshore Wind Project, a joint venture between Northland Power and Mitsui & Co., has signed a credit agreement to secure TWD 118 billion (approximately EUR 3.4 billion) long-term over 20-year non-recourse financing for the 1 GW offshore wind farm in Taiwan. The non-recourse project financing will be provided by over 15 international and […]

  • Octopus Energy Acquires Stake in Dutch Offshore Wind Farm

    19 September 2023
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    UK-headquartered Octopus Energy has made an investment in the 731.5 MW Borssele III and IV offshore wind farm in the Dutch North Sea. Octopus Energy Generation acquired a 10 per cent stake in the fully operational 731.5 MW offshore wind farm, located 55 kilometres from the Port of Vlissingen in the Netherlands. The deal comes […]

  • All Changfang & Xidao Inter-Array Cables In Place

    14 September 2023
    Cables, Fixed-Bottom, Grid Connection, Project Updates, Wind Farm Update

    All inter-array cables have been laid at the 589 MW Changfang and Xidao offshore wind farms in Taiwan, according to Dennis Sanou, CEO of Changfang Xidao Offshore Wind Farms at Copenhagen Offshore Partners. The installation of approximately 73 kilometres of 66kV inter-array cables that are used to connect turbine strings started in May this year. […]

  • Ørsted Secures Sustainability-Linked Loan in Taiwan

    30 August 2023
    Business & Finance, Fixed-Bottom

    Ørsted has signed a NTD 25 billion (EUR 721 million) sustainability-linked revolving loan facility agreement for the developer’s offshore wind farms in Taiwan with a consortium of financial institutions, including nine state-owned banks. Ørsted and the financial institutions have aligned to include sustainable initiatives related to Ørsted’s business operations as key performance indicators to ensure […]

  • EDF Advances Wind Farm Project Offshore Taiwan

    30 August 2023
    Authorities, Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update

    EDF Renewables has signed the Administrative Contract for Huanyang offshore wind farm, the company’s first offshore wind project in Taiwan. This 440 MW project was awarded in the Round 3-1 Offshore Wind Zonal Development in December 2022, with a grid connection year in 2027. Owned by EDF Renewables (80.1 per cent), and Taiya Renewable (19.9 […]

  • Construction Starts on Ørsted’s Greater Changhua 2b & 4 Offshore Substation

    16 August 2023
    Grid Connection, Wind Farm Update

    Seatrium has held a strike steel ceremony at its Pioneer Yard in Singapore to mark the start of construction of the offshore substation for Ørsted’s Greater Changhua 2b and 4 offshore wind farms in Taiwan. Seatrium said that this project is the latest under construction by Seatrium New Energy (a member of Seatrium Group) for […]

  • Bold Tern Installs Half of Changfang & Xidao Wind Turbines Offshore Taiwan

    23 August 2023
    Fixed-Bottom, Project Updates, Wind Farm Update

    Fred. Olsen Windcarrier’s jack-up vessel, Bold Tern, has installed 31 out of 62 Vestas V174-9.5 MW wind turbines at the Changfang and Xidao offshore wind project in Taiwan. The first wind turbine was installed in July 2022 by the jack-up vessel Bold Tern some 15 kilometres off the coast of Changhua County. The project aims […]

  • Correll Group Strikes Again in Taiwan

    21 August 2023
    Contracts & Tenders

    The Correll Group, Electrical Engineering Division has been contracted by Seaway 7 to complete the termination and testing of inter-array cables (IAC) and export cables on the 298 MW Zhong Neng offshore wind farm in Taiwan. Under the contract, the Correll Group will be responsible for the termination and testing of 29 66 kV inter-array […]

  • Dutch-Taiwanese JV to Provide Marshalling Services for Ørsted’s Greater Changhua 2b & 4

    2 August 2023
    Contracts & Tenders, Operations & Maintenance, Wind Farm Update

    Mammoet-Giant Taiwan, a joint venture between the Dutch company Mammoet and Taiwanese Giant Heavy Machinery Service, has been picked by Ørsted Taiwan to provide essential support for the 920 MW Greater Changhua 2b and 4 offshore wind farms. The joint venture has been entrusted with the marshalling and lifting activities for 66 suction bucket jackets. […]

  • First Jacket Foundation In at Zhong Neng Offshore Wind Farm

    15 August 2023
    Vessels, Wind Farm Update

    Green Jade, the first Taiwan-built offshore wind installation vessel, operated by CSBC-DEME Wind Engineering (CDWE), has installed the first jacket foundation at the 298 MW Zhong Neng offshore wind farm. The 216.5-metre vessel, which is similar to DEME’s Orion, was delivered and officially named in July. Green Jade was built at CSBC’s shipyard in Kaohsiung and is […]

  • Huisman Monopile Installation Kit for Seaway7’s Next-Generation Jack-Up Vessel

    2 August 2023
    Infrastructure, Vessels

    Huisman has been awarded a contract by Seaway7, part of Subsea7 Group, for the delivery of the entire monopile installation spread for the jack-up vessel Seaway Ventus, which is currently being built by China Merchants Heavy Industry (CMHI). Under the contract, Huisman will deliver a monopile gripper, an upending frame, and two sets of monopile […]

  • All Foundations Stand at Changfang & Xidao Wind Farms Offshore Taiwan

    17 July 2023
    Wind Farm Update

    All 62 three-legged jacket foundations have been installed at the 589 MW Changfang and Xidao wind farms offshore Taiwan, according to Dennis Sanou, CEO of Changfang Xidao Offshore Wind Farms at Copenhagen Offshore Partners. Century Wind Power was responsible for manufacturing the jacket foundations, with the last one being built a few days ago. Boskalis […]

  • Final Jacket Foundation Built for Changfang & Xidao Offshore Wind Farms

    13 July 2023
    Wind Farm Update

    Dennis Sanou, CEO of Changfang and Xidao Offshore Wind Farms at Copenhagen Offshore Partners, said that the last jacket foundation was fabricated for the 589 MW offshore wind project in Taiwan. In 2018, Copenhagen Infrastructure Partners, the majority owner of the project, contracted Century Wind Power (CWP) to manufacture jacket foundations for the Changfang and […]

  • Dutch Company Nets Greater Changhua 2b & 4 Cable Deal

    20 June 2023
    Contracts & Tenders, Wind Farm Update

    The Netherlands-based Twentsche KabelFabriek (TKF) has been awarded a cable supply contract from Ørsted for the 920 MW Greater Changhua 2b and 4 offshore wind farms in Taiwan. The contract scope includes the supply and termination of close to 200 kilometres of inter-array cables and other cables including accessories and connectors, all operating 66 kV […]

  • Ørsted Awards Greater Changhua 2b & 4 Subsea Cable Contract

    26 May 2023
    Contracts & Tenders, Grid Connection, Wind Farm Update

    LS Cable & System has signed a subsea cable agreement with Ørsted, the world’s leading offshore wind developer headquartered in Denmark, for Greater Changhua 2b and 4 offshore wind projects in Taiwan.  The contract announcement follows Ørsted’s final investment decision, taken in March 2023. The wind farms are now under construction and are set to […]

  • PTSC to Supply Foundations for Ørsted’s Greater Changhua 2b & 4

    19 May 2023
    Contracts & Tenders, Wind Farm Update

    Ørsted has awarded Petrovietnam Technical Services Corporation (PTSC) a contract to manufacture and supply foundations for the 920 MW Greater Changhua 2b and 4 offshore wind farms in Taiwan. Under the contract, PTSC will manufacture 33 suction bucket jacket (SBJ) foundations which Ørsted said are an environmentally friendly solution using the company’s bespoke designs. “These […]

  • Ørsted, HSG Sungdong Sign Foundations Contract for Wind Farms Offshore Taiwan

    17 May 2023
    Contracts & Tenders, Wind Farm Update

    Ørsted has signed a contract with South Korea’s HSG Sungdong Shipbuilding for the supply of foundations for the 920 MW Greater Changhua 2b & 4 offshore wind farms in Taiwan. Ørsted signed the contract with HSG Sungdong, worth hundreds of billions of Korean won, in the presence of the Danish Ambassador Svend Olling, Ørsted Korea […]

  • Ørsted Orders Changhua Jacket Foundation Pin-Piles

    12 October 2018
    Contracts & Tenders, Wind Farm Update

    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.