Reported 8 months ago
Copenhagen Infrastructure Partners (CIP) has signed underwater foundation supply, transportation, and installation contracts with Century Group and CSBC Corporation, marking a significant milestone for the 3-1 Moway Offshore Wind Farm. Amid rising offshore wind farm construction costs globally, CIP's proactive approach in securing these contracts worth over NT$120 billion ensures progress towards the 2027 grid connection deadline. Collaborations with Century Group and CSBC Corporation will help accelerate the wind farm's development, supporting Taiwan's renewable energy goals and preventing work stoppages for Century Wind Power and Century Green Energy. The partnerships highlight strategic moves to boost Taiwan's offshore wind energy industry and local economic growth.
Source: YAHOO