Daily Newsletter

09 November 2023

Daily Newsletter

09 November 2023

Van Oord wins two offshore wind contracts worth $534m

The two projects will generate more than 2GW of clean energy, enough to power 2.5 million homes.

Surya Akella November 09 2023

Dutch offshore services provider Van Oord has secured contracts worth €500m ($534m) for the Baltic Power and Greater Changhua 2b and 4 offshore wind projects.

The projects will generate enough clean energy to power 2.5 million homes.

The first contract is related to Baltic Power, a 1.14GW offshore wind farm in Poland.

Van Oord has agreed to transport and install 78 foundations for the project, 76 of which will comprise a monopile and a transition piece, while two are foundations for the offshore substations.

The foundations’ transport and installation work will begin in 2024 and be completed in the summer of 2025.

Baltic Power is a joint venture between Polish oil and gas company Orlen and Canadian company Northland Power.

To be located 23km inside the Baltic Sea’s Polish Exclusive Economic Zone, the wind farm will generate 1.14GW of clean energy to meet the needs of 1.5 million homes in Poland.

In October 2023, the developers made the final investment decision on the project, which will begin operations in 2026. 

Van Oord secured the second contract from Danish energy company Ørsted for its Greater Changhua 2b and 4 project in Taiwan.

To be located off the west coast of Taiwan, the project will have a total capacity of 920MW and will produce enough clean energy to power a million Taiwanese homes annually.

The Dutch company will be responsible for the transport and installation of three export cables with a total length of 175km.

It will use its cable-laying vessel, Nexus. One of its trencher vessels, Dig-It, will be used to bury the cables under the sea floor.

Its hopper dredger Vox Apolonia will pre-excavate cable joint pits down to the necessary depth.

The cable-laying work is due to commence in 2024 and conclude in 2025.

Van Oord offshore energy managing director Arnoud Kuis stated: “At Van Oord, we are committed to the large-scale rollout of offshore wind. We are therefore proud that two clients trust Van Oord to support their development projects in the offshore wind industry.”

Nuclear Power dynamics in China

The Chinese government holds nuclear power to be a key instrument in achieving clean energy. During their 13th Five-Year Plan period from 2016 to 2020, China built 20 new nuclear power plants with a total capacity of 23.4 GW. In the current 14th Five Year Plan period the government has set targets to achieve 70GW of nuclear power capacity by 2025. The government has no plans to phase out or phase down nuclear power plants and there are over 17 nuclear power projects under construction.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close