Copenhagen Infrastructure Companions (CIP) has signed most popular provide settlement with LS Cable for the availability of each offshore and onshore cables for the five hundred MW offshore wind challenge in Taiwan.
The scope of the contract awarded to Korea-based industrial company and one of many greatest cable producers worldwide consists of provide of offshore export cables, inter-array cables and onshore export cables for the Feng Miao 1 challenge.
The cables shall be provided from LS Cable’s Korean manufacturing facility.
To remind, CIP was awarded Feng Miao 1 improvement within the first spherical of Taiwan’s Spherical 3 Zonal Improvement Offshore Wind Public sale in December 2022.
Feng Miao 1 challenge is owned by CIP’s Flagship Fund V (CI V), and is at the moment within the late improvement stage, finalizing design and procurement in preparation for monetary shut.
That is the fourth cable provide collaboration between LS Cable and CIP’s offshore wind tasks in Asia, following Changfang Xidao and Zhong Neng in Taiwan, and Jeonnam Offshore Wind 1 in Korea.
“We thank LS Cable for his or her steady dedication to delivering the highest quality cable techniques to our offshore wind tasks each in Taiwan and South Korea. The truth that we’ve got now signed our fourth settlement is a sworn statement to the sturdy relationship between our two corporations,” mentioned Thomas Wibe Poulsen, Associate and Head of Asia-Pacific at CIP.
Building works for the Feng Miao 1 offshore wind farm are anticipated to start in 2025, with industrial operations begin set for 2027.