Van Oord's global wind adventure

Van OordVan Oord has been designated as preferred contractor for a 640MW offshore wind project in Taiwan. By obtaining this contract, Van Oord has taken a first step into the Asian offshore wind market. This Yunlin project has a contract value of approximately EUR 500 million.

The
Yunlin offshore wind project is being developed by the German based wpd. Van Oord is responsible for the design, manufacturing and installation of the eighty foundations. Preparations for the wind farm, which will be constructed 8km off the coast of the Yunlin prefecture, starts immediately.

The offshore wind strategy of Taiwan is driven by the desire to phase out nuclear energy. High wind speeds, manageable distances in terms of coastal and water depth and a progressive government policy make offshore wind a viable energy alternative. The aim of the Taiwanese government is to install 5.5GW of offshore wind projects by 2025.

The
Yunlin project is part of the Taiwanese government's feed-in tariff ("FIT") programme. This means that it is connected to the Taiwan network and allows a long-term power contract of 20 years. In 2020, about 350MW must be connected to the grid, with the remaining part following in 2021.

"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."
said CEO Pieter van Oord

The
Yunlin project is the first Van Oord offshore wind project in Taiwan and also its first wind contract outside Europe. However, Van Oord has completed works in the form of dredging and other offshore projects in the country before.

Financial Close for the project is expected at the end of the year and installation is currently scheduled to take place in 2020.

For more information follow the links provided.

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