EnergyWatch

MHI Vestas strikes deal for Taiwan offshore farm

The offshore wind turbine manufacturer is now one step closer to landing a new customer on the Taiwanese market, potentially leading to orders for upwards of an additional gigawatt. But political developments pose a threat.

MHI Vestas was already nominated back in March as preferred supplier for a series of projects in Taiwan. At the time, Danish developer Copenhagen Infrastructure Partners (CIP) selected the Danish-Japanese joint venture for its project portfolio of 1.5 GW, 900 MW of which had capacity allocated at a later time. But now the offshore wind turbine manufacturer is approaching another project.

MHI Vestas has entered a Memorandum of Understanding (MoU) with Northland Power and Yushan Energy, which in April had its 300 MW Hai Long 2A project connected to the grid. Furthermore, the producer is getting what could be described as an inverse preferential purchasing right – or, a right to first refusal – for the two expansions of Hai Long with capacity totaling 744 MW, which the partners won in in Taiwan's June tender.

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