CIP signs deal with Teco for onshore substation work
Share
On August 5, Copenhagen Infrastructure Partners (CIP) signed a deal with Teco Electric & Machinery Co., Taiwan, to build onshore substations in conjunction with offshore wind power farms being developed by CIP.
The EPC contractor deal with Teco is valued at about NT$2 billion (US$63.29 million), Holst said, with the work scheduled to start in early 2020 and be completed in mid-2021.
CIP also signed a priority contractor deal with CSBC-DEME Wind Engineering Co. earlier this year to transport and install 62 wind turbine generators for the Chang Fang and Xidao wind farms.
The combined capacity of the Chang Fang and Xidao wind farms is expected to hit 600 megawatts, with the first phase of 100MW scheduled for commissioning by the end of 2021 and the second phase of 500MW of capacity to be ready by 2023.
In addition to CIP, the two other foreign companies that won MOEA tenders were Germany's wpd and Denmark's Orsted A/S. The three accounted for 66 percent of the total capacity awarded.