CIP partners with Teco for onshore substation works
Taiwan: Copenhagen Infrastructure Partners (CIP) signed a deal with Taipei-based electric motor supplier Teco Electric & Machinery Co. to build onshore substations in conjunction with offshore wind power farms being developed by CIP.
Under the deal, Teco will build onshore substations on an engineering, procurement and construction (EPC) basis for CIP’s Chang Fang and Xidao wind farm projects.
The wind farms, with installation capacity of 100MW and 500MW, respectively, are located to the west of Changhua County, central Taiwan, Teco said, adding the transformer station will transmit electricity from the wind farms to state-run Taiwan Power Company for distribution.
At the signing ceremony, CIP Taiwan CEO Jesper Holst said Taiwan’s government has required the seven offshore wind farm developers that won tenders in April 2018 to award at least 25 percent of their onshore substation work to Taiwanese companies, but CIP has given it all to Teco.
Holst said his company wanted to maximize the participation of Taiwanese contractors in its two projects and has therefore awarded more work to Taiwanese companies than required by local authorities.
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.
Source: Focus Taiwan / DigiTimes