February 13 (Renewables Now) - Japanese group Hitachi Ltd (TYO:6501) is expected to grab an order for 110 MW of wind turbine capacity for an offshore project in Taiwan, the Nikkei Asian Review reports.
The contract will be for 21 large downwind turbines, to be purchased in a deal that is projected to exceed JPY 90 billion (USD 828m/EUR 674m). The award will be announced by state-owned utility Taiwan Power after specific details have been cleared with the Executive Yuan, executive branch of the government of Taiwan, and other agencies, the newspaper writes, quoting unnamed Taiwanese officials.
The Hitachi turbines will be installed in the Taiwan Strait, separating Taiwan from mainland China. They are planned to be commissioned by around 2021. According to the report, Belgian company Jan De Nul Group will be responsible for the electrical works and construction of the wind farm.
Taiwan aims to reach 5,500 MW of offshore wind by 2025. Last week, Danish offshore wind developer Ørsted A/S (CPH:ORSTED) announced that Taiwan's Environmental Protection Administration has approved the Environmental Impact Assessment (EIA) of its four offshore wind projects in the country with a total expected capacity of 2,400 MW.
Meanwhile, German wind projects developer Wpd AG expects to achieve financial close on 1,060 MW of offshore wind projects in Taiwan by end-2018, targeting commissioning in 2020.
(JPY 100 = USD 0.920/EUR 0.749)