An $800 million green loan facility launched by Ørsted brings together 15 banks to finance the company’s first commercial offshore wind farms in Taiwan.“Taiwan is eager to expand its share of renewable energy. The country’s financial institutions want to be a part of that green transition…
U.K.-based offshore wind power installation provider Seajacks International has conditionally been awarded a contract with Siemens Gamesa Renewable Energy (SGRE) for the transport and installation of wind turbines at the Formosa 2 offshore wind farm…
Siemens Gamesa Renewable Energy (SGRE) has received the firm order from the Danish energy company and offshore wind giant Ørsted for their 900MW Greater Changhua 1 & 2a offshore wind power project in Taiwan.The project includes the Asia-Pacific variant of the SG 8…
Cables manufacturer JDR Cables said it has signed a memorandum of understanding (MOU) with Taya Group, an electric wire and land cable manufacturer in Taiwan, which will see two companies collaborate on localization opportunities on future renewable energy projects in the area…
Luxembourg-headquartered offshore services company Jan De Nul Group scores a hattrick in Taiwan being successfully awarded the Engineering, Procurement, Construction and Installation (EPCI) of both foundations and subsea cables for the Formosa 2 Offshore Wind Farm (OWF)…
The offshore wind turbine maker, MHI Vestas Offshore Wind A/S, signed a conditional contract of purchase with Taiwanese chemical group Swancor Holding Co Ltd to comply with the nation’s supply chain localization requirements.The agreement “goes…
Taiwan Offshore Windfarm Service Corp (TOWSC) has entered into collaboration agreement with the UK energy industry recruitment outfit ERSG for future business in Taiwan's offshore wind sector. Both parties target the manning services from construction…
Sinagpore-based Kim Heng Offshore & Marine Holdings has signed a Memorandum of Understanding (MOU) with the Taiwan-based Hung Hua Construction (HHC) to collaborate on the offshore wind sector.Kim Heng said in a statement: 'Our wholly owned…
German offshore foundations manufacturer Steelwind Nordenham has received an order from YunNeng/wpd for its 640MW Yunlin Offshore Wind Farm (OWF) in Taiwan.The order is for 40 monopiles, as well as 120 segments for Formosa Heavy Industries (FHI)…
The promise of jumbo project financings arising from Taiwan’s ambitious push to develop offshore wind farms is beginning to hold true as a flurry of loans compete for liquidity among the island’s lenders.Financings totaling at least NT$155bn (US$4…
Malaysia’s oilfield services player Sapura Energy said it has has clinched contracts worth a total of MYR 1 billion ($242 million) for several new oil patch deals and one – the company’s first – offshore wind contract.The 10 new contracts are…
Dutch firm Jumbo said it has been awarded the contract to transport and install wind turbine generator (WTG) substructures for Taiwan's first large multi-megawatt offshore wind project.The 640-megawatt (MW) Yunlin offshore wind farm will be…
The market for offshore wind in the United States is growing, and growing fast, led by a number of solicitations from states on the East Coast.Over the last 12 months, the size of the US market has doubled to surpass China and Taiwan as the world's third largest for offshore wind…
Spanish-based provider of the offshore and onshore wind turbines and services, Siemens Gamesa Renewable Energy (SGRE) has conditionally received an order for the supply of offshore wind turbines including a 20-year full Service agreement for…
With significant growth in recent years, Taiwan’s offshore wind market is expected to continue to continually grow, with a goal of achieving 5.5 GW of installed capacity by 2025, said Global Wind Energy Council (GWEC).Wind energy growth in Taiwan…