Keppel Offshore & Marine Ltd's (Keppel O&M) wholly-owned subsidiary Keppel FELS Ltd (Keppel FELS) has secured a contract from Ørsted, a Danish renewable energy company, for two offshore wind farm substations worth more than SGD150 million (US$109.6 million).
The contract comprises detailed engineering, procurement, construction, testing and commissioning for two offshore wind farm 600MW substations. It does not include certain electrical components to be furnished by Ørsted.
Keppel's work scope is scheduled for completion in the third quarter of 2021. The substations will be deployed in Ørsted's Greater Changhua offshore wind sites in Taiwan, which have a total potential capacity of 2.4 GW. Greater Changhua offshore wind project involves the installation of turbines in four offshore wind sites located between 35 and 60km from the shore of Changhua County, Taiwan. The project will generate power enough to supply 2.8 million Taiwanese homes.
Mr Tan Leong Peng, Executive Director (Offshore) of Keppel O&M, said, "This project bears testament to the trust and confidence that industry frontrunners such as Ørsted have in Keppel O&M's expertise and experience. We are glad to embark on this project for Ørsted, and are committed to ensure that the project is delivered safely, on time and to high customer satisfaction."
Taiwan has announced plans to achieve 5.5 GW of installed capacity for offshore wind by 2025. It has also set an indicative target of 10-17 GW by 2030.
Keppel O&M is able to tap on its offshore design, engineering and construction capabilities for developing solutions across the value chain of offshore wind farms, such as wind turbine foundations, substation platforms, as well as installation and support vessels.