Global offshore wind leader Ørsted has signed a construction contract with Taiwanese supplier partner Woen-Jinn Harbour Engineering (WJ) for Greater Changhua projects’ array cable installation.
The contract includes the provision to allow WJ to invest in a new-build cable laying vessel.
The contract with a value of NT$1 billion (US$32.5 million) requires WJ to install a significant scope of array cables and will secure substantial work for the projects to be constructed in 2021.
The special financial arrangement included allows WJ to invest in the state-of-the-art cable lay vessel WoenJinn#7.
Ørsted signed a memorandum of understanding with Woen-Jinn in November 2017, followed by several collaborative workshops on commercial, technical andQHSE topics, resulting in a signed letter of intent in May 2018.
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