Search results for: greater changhua

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  • Ørsted Takes a Hit Offshore, Still Expects Highest Yearly Operating Profit

    20 January 2023
    Business & Finance

    World’s leading offshore wind developer Ørsted expects operating profit (EBITDA) for 2022 to total DKK 32.1 billion (EUR 4.3 billion), the company’s highest EBITDA to date, based on preliminary and unaudited reporting. The results are within the latest guidance and above the company’s initial expectations for the year, achieved during a year with unusual market […]

  • Ørsted Issues Second Green Bond in Taiwan

    4 November 2020
    Business & Finance

    Ørsted has issued its second TWD denominated green bond in Taiwan to raise financing for its continuing investments in the Greater Changhua 1 & 2a offshore wind project. The new unsecured green senior bonds comprise a 7-year TWD 4 billion fixed-rate tranche, a 10-year TWD 3 billion fixed-rate tranche, and a 20-year TWD 8 billion […]

  • Ørsted Freezes Ongoing Supply Chain Contracts in Taiwan

    21 January 2019
    Business & Finance, Contracts & Tenders

    Ørsted has suspended the execution of contracts with Taiwan Cogeneration Corporation, China Steel Corporation (CSC) and Century Iron and Steel Industrial (CISI) for the developer’s offshore wind projects in Taiwan, Taiwanese media reports. OffshoreWIND.biz has contacted Ørsted to confirm this, with the company yet to respond. The suspended contracts were already ongoing, while for those that […]

  • LOC Provides Design for New Woen Jinn Cable-Laying Vessel

    18 May 2020
    Vessels

    Longitude Engineering, part of LOC Group, has provided the concept and basic design services for Woen Jinn Harbor Engineering’s new DP2 cable-laying vessel that will service the Taiwanese offshore wind market. Longitude Engineering also provided construction specifications for yard engagement and procurement activities. The DP2 oceangoing vessel design, with a focus on cable operations in […]

  • Van Oord Records EUR 62 Million Loss in 2021, Order Book at All-Time High

    28 March 2022
    Business & Finance, Jobs & Recruitment

    Dutch marine contractor Van Oord has reported a EUR 62 million net loss for the Fiscal Year 2021 due to large loss provisions taken on three projects in the business units Netherlands and Offshore wind: the Afsluitdijk project in the Netherlands, the Saint-Brieuc project in France, and the Greater Changhua project in Taiwan. At the […]

  • Ørsted Starts Typhoon Watch Project in Taiwan

    26 October 2018
    Environment, R&D, Technology

    Ørsted has launched a Dual-doppler radar project in Taiwan to collect wind data to understand the dynamics of a typhoon and tropical weather phenomena and how they can affect an offshore wind farm. Ørsted also signed a Memorandum of Understanding (MoU) with National Taiwan University, National Central University, Chinese Culture University and Industrial Technology Research […]

  • Top News of the Week, 12 – 18 November 2018

    18 November 2018

    Offshore WIND’s most read news from 12 to 18 November 2018.

  • Ørsted Greenlights 900MW Taiwanese Offshore Wind Farm

    30 April 2019
    Business & Finance, Wind Farm Update

    Ørsted has taken the final investment decision (FID) on the Changhua 1 and 2a offshore wind farm in Taiwan. Prior to the FID, Taiwan’s Ministry of Economic Affairs approved Ørsted’s local supply chain plan, and subsequently Ørsted has signed a power purchase agreement (PPA) with Taipower at the feed-in-tariff level announced on 30 January 2019. […]

  • Fugro, IOVTEC Set Up Joint Company in Taiwan

    28 April 2020
    Business & Finance

    Fugro and International Ocean Vessel Technical Consultant (IOVTEC) have established a joint business entity in Taiwan. The move follows the companies’ cooperation in the offshore wind sector in Taiwan over the last few years. Fugro and IOVTEC have been serving Taiwan’s emerging offshore wind market under a Memorandum of Understanding (MOU) to work together on marine […]

  • Ørsted Selects Ordtek for US and Taiwan Offshore Wind Projects

    12 March 2018
    Business & Finance, Contracts & Tenders, Environment, Operations & Maintenance, R&D, Technology

    The Norfolk-based unexploded ordnance (UXO) specialist Ordtek has won contracts to support Ørsted on offshore wind farm projects in the United States and Taiwan. Ordtek will be supporting Ørsted on two offshore wind farms to be developed off the US east coast, Bay State Wind and Ocean Wind, as well as on the Formosa 1 and […]

  • Siemens Gamesa Breaks Ground on Taiwanese Nacelle Assembly Facility

    10 March 2020
    Ports & Logistics

    Siemens Gamesa has broken ground on a nacelle assembly facility in Taichung Harbor, Taiwan. Back in February, Siemens Gamesa signed a contract with Chung Lu Construction Co. for the land preparation and the construction of the nacelle assembly facility. Chung Lu has now begun the work on the site, on track for the start of […]

  • Keppel Secures Another Big Offshore Wind Contract

    22 November 2021
    Contracts & Tenders, Grid Connection, Wind Farm Update

    Keppel Offshore & Marine Ltd’s, a wholly-owned subsidiary Keppel FELS Ltd, has secured a contract from a renewable energy company for the construction of two offshore substation topsides worth around SGD 110 million (around EUR 71.6 million). Keppel O&M’s work scope comprises the engineering, procurement, construction, testing, and commissioning for the topside modules of the […]

  • Corvus Energy Storage System for Taiwanese SOV

    2 October 2020
    Vessels

    Vard Electro has selected Corvus Energy to supply lithium-ion battery-based Energy Storage System (ESS) for the service operations vessel (SOV) being built for Ørsted’s Greater Changhua 1 and 2a wind farms in Taiwan. The SOV is of VARD 4 19 design developed for the complicated and harsh environment in the Taiwan Strait. Currently under construction […]

  • Trelleborg to Provide Hornsea Two Cable Protection

    31 March 2020
    Contracts & Tenders

    Ørsted has signed a contract with Trelleborg for the provision of four integrated cable protection systems for the 1.4GW Hornsea Two offshore wind farm.

  • Two New CTVs for Ørsted’s Offshore Wind Farm En Route to Taiwan

    24 January 2022
    Vessels

    Two Opus Marine’s crew transfer vessels (CTVs) chartered by Ørsted for its Greater Changhua offshore wind farms are now on their way to Taiwan after being sent of the Penguin shipyard in Singapore. The two vessels, named Valkyrie and Wotan, are currently being transported on a heavy lift carrier from to the Taiwanese port of Kaohsiung. […]

  • Van Oord Reports Drop in Numbers, Believes in Offshore Wind

    23 March 2020
    Business & Finance

    Van Oord has reported a revenue of EUR 571 million in its offshore wind business unit in 2019, a 23.6% decrease compared to the EUR 706 million in 2018. Van Oord states that this decrease in offshore wind activities was driven by the smaller number and size of projects currently under construction. Overall in 2019, […]

  • Siemens Gamesa Orders Konecranes Cranes for Taiwan Offshore Nacelle Plant

    6 April 2023
    Contracts & Tenders

    Finland-headquartered Konecranes has won a contract to supply four electrical overhead cranes to Siemens Gamesa’s offshore nacelle plant in Taichung Taiwan. The cranes will support the entire material handling of the site’s broadened production scope, with lifting capacities of up to 400 tonnes. The order was booked in the first quarter of 2023 and installation […]

  • Swancor, TIPC Form Offshore Wind Joint Venture

    30 November 2017
    Business & Finance

    Swancor and TIPC Marine Corporation, part of Taiwan International Ports Corp. (TIPC), have entered a joint venture to develop, construct, operate and maintain offshore wind farms.

  • Aegir Wields World’s Largest Hammers Offshore Taiwan

    18 June 2021
    Technology, Vessels, Wind Farm Update

    Heerema Marine Contractors has signed a contract with MENCK for the delivery of two of the world’s largest hammers to support their activities on offshore wind farms in Taiwan. The contract includes the delivery and operation of the MENCK MHU 4400S hydraulic hammers and the newly developed MENCK underwater Noise Reduction Unit, MNRU, and a […]

  • Ørsted Pilots Energy Storage Research in Taiwan

    25 September 2018
    Contracts & Tenders, Grid Connection, Operations & Maintenance, Technology

    Ørsted has signed an engineering, procurement and construction (EPC) contract with Delta Electronics to build its first megawatt-size energy storage pilot system at the National Changhua University of Education (NCUE) in Taiwan.

  • Ørsted Funds Offshore Wind Supply Chain Development in Taiwan

    23 July 2020
    Business & Finance, Industry, Training & Education

    Ørsted has launched the Offshore Wind Industrial Development Fund in Taiwan. The program, fully funded by Ørsted with a total amount of NTD 60 million (EUR 1.76), will be managed and executed by the Metal Industries Research & Development Centre (MIRDC) over the next 18 months. The aim of the fund is to ensure resources […]

  • Siemens Gamesa Awards Fécamp Pre-Assembly Contract to GWS

    14 April 2023
    Contracts & Tenders

    Siemens Gamesa Renewable Energy has picked Global Wind Service (GWS) as a partner for the complete pre-assembly scope for the 497 MW Fécamp offshore wind farm in France. The offshore wind farm, also known as Parc éolien en mer de Fécamp, will feature 71 Siemens Gamesa 7 MW wind turbines. The Global Wind Service’s scope […]

  • Van Oord Charters Seajacks Scylla

    27 December 2021
    Vessels

    Seajacks UK Limited has signed a contract with Van Oord for the charter of the wind farm installation vessel Seajacks Scylla. Currently employed through 2022 in Taiwan, Seajacks Scylla will move to Europe upon completion of its existing turbine installation contract with Ørsted on the Greater Changhua 1 and 2a offshore wind farm. Arnoud Kuis, […]

  • Heerema and Safeway Team Up Offshore Taiwan

    21 December 2020
    Contracts & Tenders

    Heerema Marine Contractors (HMC) has awarded the Dutch offshore transfer equipment specialist Safeway with a contract to supply a Safeway Seagull type motion compensated gangway system for installation on the CSV Normand Baltic. This is Safeway’s first contract for HMC, and it is also the first time the Safeway Seagull system with 3D crane function […]

  • Global Renewables Investment Goes Down

    11 July 2019
    R&D

    The first half of 2019 saw a 14% decrease in global renewable energy investment compared to H1 2018, according to the latest report from BloombergNEF (BNEF). The H1 2019 global investment in renewables amounted to USD 117.6 billion, said to be mainly caused by the plunge in activity in China as it shifts away from government-set tariffs to […]

  • Farm-Downs Lift Ørsted’s Numbers

    3 November 2022
    Business & Finance

    Leading offshore wind developer Ørsted has recorded an operating profit (EBITDA) of DKK 25.4 billion (EUR 3.41 billion) for the first nine months of the year, of which DKK 10.9 billion related to the 50 per cent farm-downs of the Hornsea 2 and the Borkum Riffgrund 3 offshore wind farms. EBITDA excluding new partnerships increased […]