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Ørsted launches fund to support Taiwan suppliers

By: Tom Russell 23/07/2020 Ørsted

General Windfarms

Ørsted has launched of the Offshore Wind Industrial Development Fund, aiming to support Taiwanese suppliers to ramp up their technological capabilities and nurture local talents.

The program, fully funded by Ørsted with a total amount of NTD 60 million, will be managed and executed by the Metal Industries Research & Development Centre (MIRDC) over the next 18 months. The aim is to ensure resources are in place for the local supply chain to strengthen professional techniques and competence, mend the skills gap and talent shortage, and drive a healthy development of offshore wind industry in Taiwan.

Christy Wang, General Manager of Ørsted in Taiwan, said: “Ørsted is dedicated to promoting the development of offshore wind value chain in Taiwan. On the one hand, we are providing full support to cultivate Tier 1 suppliers of the Greater Changhua 1 & 2a Offshore Wind Farms, helping new local suppliers speed up their learning curve and overcome challenges in meeting new industrial standards of the offshore wind sector.

“On the other hand, we are making additional efforts to support local companies interested in becoming sub-tier suppliers of the offshore wind supply chain. The industrial development fund ensures resources are provided to potential sub-suppliers to ramp up their technologies and standards as well as train local staff in these companies to successfully enter offshore wind and create a favorable environment for the overall industrial development.”

The fund has two stated objectives:

- Firstly, to nurture local offshore wind professionals through funding local companies to send their employees for high-level welding and Global Wind Organization safety trainings.

- Secondly, to boost localization of offshore wind technologies through offering each successful applicant company with a maximum of NTD 5 million to help them cross the technological threshold and become suppliers for offshore wind construction or for O&M products and services, thus furthering local offshore wind capabilities.

MIRDC is scheduled to hold an information session on 7th of August in Changhua County’s Forte Hotel with another two to take place in Taipei and Kaohsiung to give more details on the application procedures and review process.

Interested local companies may apply to the fund starting from 7th of August. Applications for talent trainings will be reviewed upon request until 7th of August 2021 2021, subject to fund availability, while applications for technology localisation will be reviewed altogether after the submission deadline on 30th September this year.

The review panel is comprised of experts from Ørsted, offshore wind industry and the academics. MIRDC will first review all applications then the review panel will convene. Members of the review panel may request an onsite visit to the applicant companies as deemed necessary.

Ørsted is developing four offshore wind sites within the Greater Changhua site off Taiwan. With a potential 2.4 GW capacity, the sites are expected to be capable of powering 2.8 million homes in Taiwan. The projects include Greater Changhua 1 and 2a, located between 35 and 60 kilometres off the west coast of Changhua County, Taiwan. They will consist of 111 Siemens Gamesa SG 8.0-67 DD offshore wind turbines, each with a capacity of 8 MW. Expected to be operational in 2022, the wind farms will have a combined capacity of of approximately 900 MW, enough to supply around 1 million Taiwanese households with green power.

Greater Changhua 2b & 4 will be located adjacent to the 900 MW Greater Changhua 1 & 2a offshore wind farms, which Ørsted is currently constructing the 920 MW Greater Changhua 2b & Greater Changhua 4 offshore wind farms. With the current grid construction timeline, the projects are expected to secure grid access in late 2025. Ørsted expects to generate the first power from both projects shortly thereafter and to fully commission the wind farm in 2026.

The company is also recently supported the construction of the the Formosa 1 offshore wind farm, off the coast of Taiwan. Formosa 1 is located around 6 kilometres off the west coast of the Miaoli district in the Taiwan Strait and is owned by Formosa 1 Wind Power Co. Ltd., a partnership of Orsted (35%), JERA (32.5%), Macquarie Capital (25%) and Swancor Holding (7.5%).

Phase 1 of the project consists of includes two Siemens 4 MW demonstration turbines, which were installed in 2016, making this the first offshore wind project in Taiwanese waters. Phase 2 saw the addition of a further 20 Siemens Gamesa SWT-6.0-154 turbines, with a total output of 120 MW. Phase 2 started commercial operation on 27 December 2019.

Ørsted has a global offshore wind portfolio of exceeding 7 GW, making it one of the largest offshore wind developers in the market. Headquartered in Denmark, Ørsted employs 6,600 people. Ørsted's shares are listed on Nasdaq Copenhagen (Orsted) and in 2019, the group's revenue was DKK 67.8 billion (EUR 9.1 billion). By 2022, it aims to expand its offshore wind capacity to 9.9 GW, with projects in the US, Taiwan and across Europe (in Denmark, Germany, the UK and the Netherlands).

For more information on offshore wind farms worldwide, click here. Alternatively, you can view projects worldwide using 4C Offshore's Interactive Map.

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Ørsted launches fund to support Taiwan suppliers

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