Van Oord wins €500m contract for Taiwan offshore wind project

WCN Editorial Team 1 Jun 2018 ASIA ENERGY & UTILITIES

Van Oord, a Dutch company that specialises in dredging and land reclamation, has been appointed as preferred contractor for a 640MW offshore wind project in Taiwan.

The contract for the Yunlin project is valued at €500m.

The project is being developed by wpd, a German project developer. Van Oord will design, manufacture and install the 80 foundations. The wind farm will be constructed 8km off the coast of the Yunlin prefecture, for which preparations will begin immediately.

The offshore wind strategy of Taiwan is aimed at phasing out nuclear energy. The Taiwanese government intends to install 5.5GW of offshore wind projects by 2025.

The Yunlin project is part of the Taiwanese government’s feed-in tariff programme, which means that it is connected to the Taiwan network and allows a long-term power contract of 20 years. In 2020, 350MW must be connected to the grid and the remaining part in 2021.

Van Oord CEO Pieter van Oord said: “In Asia, and especially in Taiwan, large investments are being made in offshore wind. The Yunlin project is a great opportunity for Van Oord to show our expertise outside Europe. We look forward to working with our local partners to enable the energy transition of Taiwan.”

The project is expected to achieve financial close at the end of 2018. Foundations will be installed in 2020. Monopiles, scour protection, transition pieces and turbines will be installed in succession.

The Yunlin project is Van Oord’s first offshore wind project in Taiwan and first wind contract outside Europe. Van Oord has already executed dredging and offshore projects in Taiwan. In 2017, the Dutch company completed one of the largest land reclamation projects in Taiwan, creating 250 hectares of new land in the Port of Kaohsiung.

Van Oord operates as a contractor for dredging, marine engineering, and offshore energy projects across the world.

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