BW Ideol, Taiya form floating wind tie-up to bid in Taiwanese tenders

Floating wind technology developer BW Ideol (OSE:BWIDL) said on Monday it has teamed up with Taiwan’s Taiya Renewable Energy to develop demo and commercial-scale floating offshore wind projects to take part in tender rounds in Taiwan.

Under the initiative, the partners will begin with a 50-MW pilot project that will take part in an ongoing auction for offshore wind capacity that the Asian country launched in August. Construction on the scheme is due to begin as early as 2025, after a final investment decision has been taken, with commercial operations aimed to be achieved by end-2026.

The partnership agreement also calls for the development of several commercial-scale projects, all of which will deploy BW Ideol’s damping pool technology. The Norwegian group will handle the design, engineering, construction and installation of the floating foundations.

The development of the proposed pipeline is subject to further due diligence and final negotiations between the parties, they noted, adding that environmental impact assessment efforts are ongoing.

Last month, Taiya Renewable Energy joined hands with France’s EDF Renewables to bid in Taiwan’s current offshore wind tender with the 440-MW Huan-Yang offshore wind project.

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