Singaporean offshore rig builder Keppel Offshore & Marine has won yet another contract in the renewable energy sector following last week's main contract in the offshore wind market.
Namely, Keppel last week, in cooperation with the Norwegian Aibel, secured a contract from TenneT Offshore GmbH for the design, engineering, procurement, construction, installation and commissioning of a 900MW offshore HVDC converter station and an onshore converter station for the offshore DolWin cluster. wind farms. Keppel's part of the contract is worth around S$560 million.
On Sunday 12 May, Keppel reported that its subsidiary Keppel FELS had secured a contract with Ørsted, a Danish renewable energy companyl, for two offshore wind farm substations worth more than $150 million ($109,7 million).
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Keppel noted that this contract award has further strengthened its position in the renewable energy sector. In its Q2019 XNUMX report in April, Keppel emphasized its plans to continue to pursue projects and opportunities in new markets and niche segments.
The contract comprises detailed engineering, procurement, construction, testing and commissioning for two 600MW substations in offshore wind farms. Excludes certain electrical components to be supplied by Ørsted.
Keppel's workscope is scheduled to be completed in the third quarter of 2021. The substations will be deployed at the main Ørsted offshore wind sites in Greater Changhua, Taiwan, which have a total potential capacity of 2,4 GW.
Tan Leong Peng, Executive Director (Offshore) of Keppel O&M, said: “This project is testament to the trust and confidence that industry leaders such as Ørsted have in Keppel O&M's expertise and experience.”
He added: “Offshore wind energy continues to gain momentum around the world, and a large number of wind farms are under planning and construction. We have been able to leverage and extend our capabilities in offshore engineering and construction to provide services and solutions to this rapidly growing adjacent sector, supporting the evolving needs of the energy industry. ”
Taiwan has announced plans to reach 5,5 GW of installed capacity for offshore wind power by 2025. It has also set an indicative target of 10-17 GW by 2030.