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Home›Business & Finance›Fred. Olsen Windcarrier, Shimizu to Take Over Yunlin Foundation Installation in 2024
Business & Finance

September 1, 2023 · about 2 years ago

Fred. Olsen Windcarrier, Shimizu to Take Over Yunlin Foundation Installation in 2024

Fred. Olsen Windcarrier (FOWIC), in cooperation with Shimizu, has been awarded a contract for the transportation and installation of monopile foundations for the 640 MW Yunlin offshore wind farm, with the work under the contract set to start in February 2024. For the foundation installation, the two

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Fred. Olsen Windcarrier, Shimizu to Take Over Yunlin Foundation Installation in 2024

Fred. Olsen Windcarrier and Shimizu Corporation signed a partnership and exclusivity agreement back in 2021, under which the two companies are supporting each other in the offshore wind market both in Japan and worldwide.

Per the agreement, Fred. Olsen Windcarrier is the leading partner for installation projects involving Shimizu’s Blue Wind vessel outside Japan, whereas Shimizu is the leading partner for installation projects within Japan.

The partnership also includes Fred. Olsen Windcarrier and related company Global Wind Service being the preferred suppliers for Shimizu with Fred. Olsen Windcarrier supplementing Shimizu vessel capacity in Japan when needed, while outside Japan, Fred. Olsen Windcarrier is representing and marketing the Shimizu vessel.

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Fred. Olsen Ocean and Shimizu Enter Offshore Wind Partnership

The news about Fred. Olsen Windcarrier and Shimizu’s contract for the Yunlin offshore wind farm comes shortly after the Yunneng Wind Power consortium announced that it had secured extended financing to complete the project, which has seen delays and setbacks since the start of offshore construction in December 2020 .

With the financing in place, the project is now on track for completion according to an amended installation schedule, according to the consortium, which comprises Skyborn Renewables (25 per cent), TotalEnergies (23 per cent), EGCO Group (25 per cent), and a Sojitz Corp-led consortium (27 per cent).

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Yunlin Offshore Wind Farm Secures Extended Financing, Amended Installation Schedule on Track

The installation of monopiles was initially carried out by Sapura Energy Berhad, which issued a contract termination notice to Yunneng Wind Power consortium at the beginning of last year. The work was soon after taken over by the National Petroleum Construction Company (NPCC) , with Havfram contracted for Project Management and Owners Engineer Services within the foundation installation package.

The first Siemens Gamesa 8 MW wind turbine , out of the total of 80 that Yunlin will comprise, was installed in April 2021 and, according to information about the project shared last year, wind turbine installation is set to continue this year with one of Eneti’s Seajacks vessels booked to undertake the work.

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