MHI Vestas and CIP have finalised commercial agreements for the turbines for the Changfang and Xidao offshore wind projects in Taiwan. The projects have a combined capacity of 589 MW
The contracts are MHI Vestas’ first projects in the Asia Pacific region to reach financial close and, together, will require the delivery of 62 of the company’s V174-9.5 MW turbines.
MHI Vestas chief sales officer Henrik Jensen said, “As our first firm orders in the Asia Pacific, Changfang and Xidao are landmark contracts for our business and for our market position in Taiwan.
“We are grateful for the collaboration with CIP and look forward to bringing our trusted V174-9.5 MW, an IEC T classified turbine, along with local, green energy jobs to Taiwan.”
The projects, which reached financial close earlier in February, will be split over several phases.
Changfang Phase 1 will comprise 10 turbines for an installed capacity of 95 MW and will be installed in 2022.
Changfang Phase 2, comprising 47 turbines with an installed capacity of 446.5 MW, and Xidao, comprising five turbines with an installed capacity of 47.5 MW, will be installed in 2023.
MHI Vestas and CIP have collaborated on a comprehensive local supply chain ramp-up that meets local content requirements. Once complete, the full localisation scope promises to create up to 5,300 jobs and NT$9.2Bn (€264M) (US$287M) in economic value for Taiwan in localised components, not including installation, commissioning and operation and maintenance.