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Siemens Gamesa gets firm offshore wind order for 376-MW Formosa II

The Formosa I offshore wind park in Taiwan. Source: Swancor

October 29 (Renewables Now) - Siemens Gamesa Renewable Energy SA (BME:SGRE) has received a firm order from a consortium between Macquarie Capital Limited and Swancor Renewable Energy Co to install the 376-MW Formosa II offshore wind farm project in Taiwanese waters.

The firm order consists of the supply, delivery and installation of 47 units of SG 8.0-167 DD offshore wind turbines, as well as a 20-year full-service contract, the company said in a bourse filing on Tuesday.

Offshore works are expected to commence in 2020.

The wind farm will be located off the coast of Miaoli County in the Taiwan Strait and near the site of the 128-MW Formosa I wind farm, for which Siemens Gamesa also supplied the equipment.

Earlier this month, JERA Co, a joint venture between Tokyo Electric Power (TYO:9501) and Chubu Electric Power (TYO:9502), announced it would take a 49% stake in the Formosa II project. Its interest would come out of Macquarie Capital’s share, leaving the unit of Australia’s Macquarie Group Ltd (ASX:MQG) with 26% and Swancor with 25%.

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Sladjana has significant experience as a Spain-focused business news reporter and is now diving deeper into the global renewable energy industry. She is the person to seek if you need information about Latin American renewables and the Spanish market.

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