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Promontory to support Yulin construction

By: Tom Russell 14/02/2020 4C Offshore

General

Promontory has been commissioned to provide project based contracts and commercial management during the construction of the Yunlin offshore wind farm project.

Yunlin is one of largest offshore wind farms being developed in Taiwan and is expected to have total capacity of 640 MW. Siemens Gamesa Renewable Energy has been named turbine supplier and is to deliver 80 of its SG 8.0-167 DD wind turbines, which have a rated capacity of 8.0 MW and a rotor with a 167-metre diameter. Siemens Gamesa is also to support the project under a 15-year long-term service agreement for the turbines.

Towards the end of last year the project secured Power Purchase Agreements (PPA) with Taiwan Power Company for each of its two phases. Through these PPAs, the project secured a fixed 20-year feed-in-tariff for the sale of electricity. This was followed by news that Greenwing Energy B.V., a wholly owned subsidiary of EGCO, entered into a share purchase agreement to acquire a 25% ownership in the project.

Offshore construction is expected to kick off if March 2020. Commissioning of the project is planned to will occur in phases, with phase 1 comprising 352MW scheduled for completion in the 4th quarter of 2020, and phase 2 comprising 288MW scheduled for completion in the 3rd quarter of 2021.

Taiwan is a hot bed of activity for offshore wind development. The government plans to phase out nuclear power by 2025 - with nuclear energy accounting for some 40% of power generation in the past - and aims to source 20% of total energy output using green energy by 2025. This includes 5.7 GW of offshore wind power.

In October 2019, Taiwan's the first commercial-scale offshore wind farm, the Formosa 1 Phase 2 finished installation work on all 20 turbines. The total power generation capacity for both phases is 128 MW, which is expected to meet the power demand of 128,000 households in Taiwan.

For more information on the Taiwanese offshore wind market click here. You can also view projects worldwide on 4C Offshore's Interactive map.

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Promontory to support Yulin construction

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