DEME said its share of the contract was “substantial”, which at the company means a value between EUR 150 million and EUR 300 million.
The Fengmiao 1 offshore wind project, being developed by Copenhagen Offshore Partners (COP) on behalf of CIP, is located 35 kilometres off the coast of Taichung where 33 offshore wind turbines, each with a capacity of 15 MW, will be installed.
Foundations for Fengmiao 1 are being manufactured by South Korean company SK oceanplant and the offshore substation is being constructed by the consortium established by Semco Maritime and PTSC Mechanical & Construction (PTSC M&C).
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The news about offshore construction contracts comes shortly after CIP signed a corporate power purchase agreement (CPPA) with United Microelectronics Corporation (UMC) in December 2024, which followed a CPPA CIP signed with Sino-American Silicon Products and its renewable energy subsidiary, Sustainable Energy Solution, in November 2024.
CIP was awarded capacity for the 500 MW Fengmiao 1 in the first round of Taiwan’s Round 3 Zonal Development Offshore Wind Auction in 2022. The Fengmiao project is planned to have a total installed capacity of 1.8 GW across all its phases.
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