Foxwell Energy, an affiliate of Shinfox, had won the tender from Taiwan Power for the development of the Taipower Offshore Wind Project Phase II at a total contract cost of $2.11bn (NT$62.89bn). IX Wind was already executing the role of advisor for Foxwell and is leading the procurement of the wind turbine generators.
The companies have now signed a formal long term agreement with regards to the realisation of the TPC Offshore Wind Power Generation Phase II Project. The project involves the full scope of engineering, procurement, construction, installation and operation and maintenance for the following years. Taipower’s offshore wind farm, also known as Zone 26, will be approximately 300 MW and consist of 31 Vestas turbines with Century Steel foundations. According to the current schedule and the course of actions, Zone 26 will be operational in 2025. Construction will begin in 2024 and the production of the balance of plant components will commence in 2022. Several production locations for local content components are already being constructed.