Electricity Generating Public Company (EGCO) Group in Thailand has completed the purchase of a 25% stake in the 640MW Yunlin offshore wind project off the coast of Taiwan.
Greenwing Energy, a wholly owned subsidiary of the state-owned power producer, holds the stake in the Yunlin project.
The wind farm is scheduled for completion in late 2021.
EGCO acting president Gumpanart Bumroonggit said: “Greenwing Energy, a wholly owned subsidiary of EGCO, successfully completed the acquisition of a 25% ownership interest in Yunlin Holding from Taiwan Offshore Holding on 17 April 2020.”
Yunlin will be constructed 8km west of the coast of Yunlin County in the Taiwan Strait and covers an overall area of approximately 90 square km.
Commissioning of the project will occur in phases, with the first 352MW phase scheduled for completion in the fourth quarter of this year. The second phase, comprising 288MW, will come online in the third quarter of 2021.
Yunlin will host 80 Siemens Gamesa 8MW turbines.
Last month Fred Olsen Windcarrier jack-up Brave Tern arrived in the port of Esbjerg, in Denmark, to start mobilising for turbine installation work on Yunlin.
Gumpanart added: “Amid the current COVID-19 outbreak, EGCO Group has continually and efficiently operated its business, following the implementation of our business continuity plan.
“This is to ensure our operation throughout the supply chain without any interruption.
“In the meantime, EGCO Group’s 28 operating power plants in domestic and overseas are still in operation to deliver reliable electricity to all people. We stand ready to collaborate with the public sectors and various organisations at our full capabilities to overcome this difficult situation.”
German company WPD is the project’s majority owner.