Copenhagen Infrastructure Partners K/S (CIP) yesterday inked a priority contractor deal with CSBC-DEME Wind Engineering Co Ltd (台船環海) for it to install wind turbines off the coast of Changhua County.
CSBC-DEME is a joint venture formed in 2017 by CSBC Corp, Taiwan (台灣國際造船) and GeoSea NV, a Belgian offshore solutions company.
The venture focuses on engineering, procurement, construction and installation in the offshore construction industry.
Under the deal, CSBC-DEME would be tasked with transporting and installing 62 wind turbine generators for CIP’s Chang Fang (彰芳) and Xidao (西島) projects, which are situated off the coast of Changhua County and would have a combined capacity of 600 megawatts, CIP said.
Construction is scheduled to start in 2021 for both projects and to be completed by the end of 2023, CIP said at the opening ceremony for CSBC-DEME’s Taipei office.
CIP Taiwan project office chief executive officer Jesper Krarup Holst said that the amplified economic scale would drive rapid development of a local supply chain.
CIP Taiwan project office director Marina Hsu (許乃文) told the Taipei Times by telephone that expansion of the local supply chain would provide the nation with the ability to train young talent, which the wind power industry currently lacks.
“Taiwanese companies still have a long way to go,” Hsu said, adding that small and medium-sized enterprises that want to partake in the wind power industry would have to demonstrate a willingness to invest in techniques and equipment.
“[Those] companies must be insurable and bankable,” she said, adding that companies must also produce proof of their financial capability to shoulder such investments.
The firms would need to work on abiding by environmental safety and health regulations, she added.
“Our goal is to reach zero-harm, which is vital for local companies to comprehend,” Hsu said.
CIP is nevertheless confident about developing the nation’s wind power industry, as the company plans to further cooperate with CSBC-DEME in domains such as engineering design and the planning of operational procedures, she said.
Nvidia Corp chief executive officer Jensen Huang (黃仁勳) on Monday introduced the company’s latest supercomputer platform, featuring six new chips made by Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), saying that it is now “in full production.” “If Vera Rubin is going to be in time for this year, it must be in production by now, and so, today I can tell you that Vera Rubin is in full production,” Huang said during his keynote speech at CES in Las Vegas. The rollout of six concurrent chips for Vera Rubin — the company’s next-generation artificial intelligence (AI) computing platform — marks a strategic
Enhanced tax credits that have helped reduce the cost of health insurance for the vast majority of US Affordable Care Act enrollees expired on Jan.1, cementing higher health costs for millions of Americans at the start of the new year. Democrats forced a 43-day US government shutdown over the issue. Moderate Republicans called for a solution to save their political aspirations this year. US President Donald Trump floated a way out, only to back off after conservative backlash. In the end, no one’s efforts were enough to save the subsidies before their expiration date. A US House of Representatives vote
REVENUE PERFORMANCE: Cloud and network products, and electronic components saw strong increases, while smart consumer electronics and computing products fell Hon Hai Precision Industry Co (鴻海精密) yesterday posted 26.51 percent quarterly growth in revenue for last quarter to NT$2.6 trillion (US$82.44 billion), the strongest on record for the period and above expectations, but the company forecast a slight revenue dip this quarter due to seasonal factors. On an annual basis, revenue last quarter grew 22.07 percent, the company said. Analysts on average estimated about NT$2.4 trillion increase. Hon Hai, which assembles servers for Nvidia Corp and iPhones for Apple Inc, is expanding its capacity in the US, adding artificial intelligence (AI) server production in Wisconsin and Texas, where it operates established campuses. This
US President Donald Trump on Friday blocked US photonics firm HieFo Corp’s US$3 million acquisition of assets in New Jersey-based aerospace and defense specialist Emcore Corp, citing national security and China-related concerns. In an order released by the White House, Trump said HieFo was “controlled by a citizen of the People’s Republic of China” and that its 2024 acquisition of Emcore’s businesses led the US president to believe that it might “take action that threatens to impair the national security of the United States.” The order did not name the person or detail Trump’s concerns. “The Transaction is hereby prohibited,”