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Keppel bags contract worth over $110m for two offshore wind farm substations

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Keppel FELS, subsidiary of Keppel Offshore & Marine, has landed a contract worth more than SGD150m ($110m) for two offshore wind farm substations from Denmark’s renewable energy firm Ørsted.

The two offshore wind farm substations will be deployed in Ørsted’s Greater Changhua projects in Taiwan, which have a total capacity of 2.4GW.

The contract comprises detailed engineering, procurement, construction, testing and commissioning for the pair of offshore wind farm substations of 600MW in combined capacity.

Keppel FEL’s workscope is scheduled for completion in the third quarter of 2021.

“Offshore wind energy continues to gain traction around the world, and a large number of wind farms are under planning and construction,” said Tan Leong Peng, executive director (offshore) of Keppel O&M.

“We have been able to leverage and extend our capabilities in offshore engineering and construction to provide services and solutions for this fast-growing adjacent sector, supporting the evoling needs of the energy industry,” Tan added.

Taiwan has announced plans to achieve 5.5GW of installed capacity for offshore wind by 2025. It has also set an indicative target of 10-17GW by 2030.

Read more: Keppel-Aibel consortium wins contract for German converter stations

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.

Keppel O&M first entered the offshore wind market in 2010 when it secured a contract to build an electrical transformer and maintenance platform for a German offshore wind farm.