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Two companies secure key contracts for Taiwan's 500 MW Fengmiao 1 offshore wind farm, advancing green energy goals.
Two companies, DEME and Van Oord, have secured contracts for Taiwan's Fengmiao 1 offshore wind farm, which will produce 500 MW of green electricity.
DEME's joint venture CDWE will install foundations and an offshore substation, valued between $155 million and $310 million, starting in Q1 2026.
Van Oord will install inter-array cables, starting in 2027.
The project supports Taiwan's goal to have 5.7 GW of offshore wind capacity by 2025 and 15 GW by 2035.
4 months ago
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