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MHI Vestas agrees switchgear production partnership in Taiwan

Image courtesy of MHI Vestas Offshore Wind

August 21 (Renewables Now) - Wind turbine manufacturer MHI Vestas Offshore Wind has signed its third contract in Taiwan for local production as it prepares to execute 900 MW of offshore wind projects there.

The company, which is a joint venture between Denmark’s Vestas Wind Systems A/S (CPH:VWS) and Japan’s Mitsubishi Heavy Industries (TYO:7011), has entered into a conditional agreement with Mitsubishi Electric Europe BV for the assembly of high-voltage switchgear in Taiwan. The latter will work with local firm Shihlin Electric Co, utilising its factory in Hsinchu to assemble and test the products.

The first delivery is anticipated in 2022 for projects that will be installed in 2023 and 2024.

MHI Vestas is slated to supply 9-MW wind turbines for a total of three upcoming projects in Taiwan. The company previously signed a conditional deal that calls for Swancor Holding Co Ltd to supply materials used in the production of wind turbine blades. Also, it teamed up with South Korea's CS Wind Corp (KRX:112610) and Chin Fong for the local production of wind turbine towers in Taiwan.

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Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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