A crew transfer vessel (CTV) built for the Yunlin offshore windfarm in Taiwan has been completed by Lungteh shipyard
The CTV, Prosperous 1, was completed on schedule, and formally named on 20 July in Yilan County.
The vessel is the first locally-built CTV for Taiwan’s Prosperous Wind Shipping and will be used to transport windfarm technicians and materials to the Yunlin offshore windfarm.
The decision to build the CTV locally was made with respect to Taiwan’s local content policy and to help strengthen the regional economy.
Construction was initiated by the operator of the Yunlin windfarm, wpd Taiwan, and independent service provider Deutsche Windtechnik.
The 640-MW Yunlin offshore wind project, the largest offshore wind transaction financed in the Asia Pacific region, reached financial close on 30 May 2019. The windfarm is being built 8 km off the Taiwanese west coast and will consist of 80 turbines, each of 8 MW. Project completion is scheduled in December 2021.
wpd AG developed the project and received a tariff award from the Taiwanese Government in April 2018.
The Yunlin project is 73% owned by wpd and 27% owned by a Sojitz Corp-led consortium. Apart from Sojitz, other members of the consortium include Chugoku Electric Power Co, Chudenko Corporation, Shikoku Electric Power Co Inc and JXTG Nippon Oil & Energy Corporation.
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