4C is now TGS

We are excited to announce a significant milestone in 4C Offshore's journey. Our integration into the TGS family marks the beginning of a new era in offshore wind market intelligence.

Learn what this means for you!

wpd inks agreement with Taiwanese LeaLea Group

By: Tom Russell 28/04/2020 wpd

General Windfarms

wpd has signed an agreement with Taiwan Green Power Co, Ltd. (TGP), an offshore wind developer belonging to the Taiwanese LeaLea Group, to jointly develop the offshore wind farm site No. 28 located off the coast of Taiwan. The site is expected to be part of the third tender round in Taiwan.

The project, with a planned installed capacity of up to 600 MW, is located off the coast of Changhua. Through its development, LeaLea has already received Environmental Impact Assessment approval and built up local support for the project.

“wpd values long-term partnerships and local footprint. In challenging times this becomes even more important and we are happy to strengthen our ties to Taiwan by introducing new investors to the country and by finding new local alliances. Taiwan will remain our key market in Asia.” said Achim Berge Olsen, COO of wpd AG.

wpd is active in Taiwan, having secured a number of local supply agreements. The company claims that it is over-performing with regards to localisation rules.

For its Yunlin offshore wind farm project, Thai Electricity Generating Public Company Limited (EGCO Group) recently acquired a 25% stake in project company Yunlin Holding GmbH. It joins WPD offshore GmbH and Sojitz Corporation Japan as owners of the project.

Yunlin is one of largest offshore wind farms being developed in Taiwan. It is to be constructed 8 km from the coast in the Taiwan strait, with a total installed capacity of 640 MW. It will consist of a total of 80 Siemens Gamesa Renewable Energy SG 8.0-167 DD turbines and cover an overall area of approximately 90 square km. The turbines will be installed on monopile foundations.

Commissioning of the project will occur in phases, with phase 1 comprising 352 MW scheduled for completion in the fourth quarter of 2020, and phase 2 comprising 288 MW scheduled for completion in the third quarter of 2021.

Major steps have further been made regarding the 350 MW Guanyin project, wpd’s second offshore project in Taiwan. wpd stated it has been able to make the construction schedule more effective and thus saved additional costs in order to comply with the 2020 tariff. Now the project is expected to be installed within one year (2022) and all major supply agreements have been adjusted to support this approach. While the signing of the supply agreements is expected in the next weeks, all is depending on the issuance of the last remaining permits in summer, followed by closing the financing in the fourth quarter of 2020.

For more information on offshore wind farms worldwide, click here.

Premium

4C Offshore Premium, our most popular subscription, gives you full access to use the 4C Offshore WebApp which includes exclusive offshore wind, transmission and vessel reports, news and downloads.

Request a 30 minute Demo

wpd inks agreement with Taiwanese LeaLea Group

Back to News

Trending News!