Chungnan is a 474.5MW offshore wind power project. It is planned in Taiwan Strait, Changhua County, Taiwan. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the under construction stage. It will be developed in multiple phases. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2024. Buy the profile here.
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Description
The project is being developed by China Steel, Diamond Generating Asia and Zhongneng Power Generation. China Steel, Copenhagen Infrastructure Partners KS and Diamond Generating Asia are currently owning the project. The project will be spread over an area of 89.9km².
Development status
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.
Power purchase agreement
The power generated from the Chungnan (Chungnan Phase I) will be sold to Taiwan Power under a power purchase agreement. The power will be sold at the rate of $0.204kWh for a period of 20 years. The capacity to be procured is 300MW.
Contractors involved
Chungnan (Chungnan Phase I) will be equipped with Vestas Offshore Wind V174-9.5 MW turbines. The phase consists of 31 turbines with 9.5MW nameplate capacity.
Vestas Offshore Wind is expected to perform operations and maintenance for the Chungnan (Chungnan Phase I) for a period of 15 years.
Chin Fong Machine Industrial and CS Wind are expected to supply towers for the project.
For more details on Chungnan, buy the profile here.
About China Steel
China Steel Corp (CSC) is a manufacturer of steel products. Its portfolio of products includes steel plates, steel bars, wire rods, electrical steel coils, Ti/Ni-base alloy, hot-dip galvanized coils, cold-rolled coils, electro galvanized coils, hot rolled coils and sheets, titanium alloy and laminated products. It also provides a range of mechanical, communications, electrical engineering, and technical services. The company markets its products for ships, bridges, containers, automobiles, steel structures, hardware fittings, computers, furniture, home appliances, motors, and transformers markets. It also carries out R&D activities for developing new products. The company has a market presence across Asia-Pacific, Europe, and North America. CSC is headquartered in Hsiao Kang, Kaohsiung, Taiwan.
About Diamond Generating Asia
Diamond Generating Asia Limited, a subsidiary of Mitsubishi Corporation, is a power company that is engaged in generating electricity. The company is a private-sector power generation businesses in Southeast Asia and Taiwan. It is based in Central, Hong Kong.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
