Wind turbine manufacturer Siemens Gamesa Renewable Energy SA (SGRE) yesterday unveiled its nacelle assembly facility in Taichung — the Spanish company’s first outside Europe.
After Danish energy company Orsted A/S in June placed an order of wind turbines for its 900 megawatt (MW) wind farm project off the coast of Changhua County, SGRE decided to establish a nacelle assembly facility at the Port of Taichung, for which it leased 3 hectares from Taiwan International Ports Corp’s (TIPC, 台灣港務) Taichung branch.
A nacelle is a casing that houses all of the generating components in a wind turbine.
Photo: CNA
Construction of the facility, which would include an office and storage area, as well as serve as a nacelle testing center, is expected to be completed by the end of next year, SGRE said.
Production is expected to start by 2021, the company said.
TIPC said the facility would transform the port into an international hub for offshore wind supplies in the Asia-Pacific region, and provide more than 100 job opportunities.
Wind turbine towers for the greater Changhua project would be supplied by Chin Fong Machine Industrial Co (金豐機器) and South Korea’s CS Wind Corp.
Ching Fong and CS Wind last year formed a partnership to supply towers to Denmark-based wind turbine manufacturer MHI Vestas Offshore Wind A/S and German wind farm developer Wpd AG.
SGRE said it would produce the Asia-Pacific variant of its SG 8.0-167 DD offshore wind turbine at the Taichung facility, which is tailored to meet local standards regarding typhoons and seismic activitiy, and can operate in high and low ambient temperatures.
The Taichung facility would provide an opportunity for the company to reach other markets in the Asia-Pacific region, said Niels Steenberg, executive general manager of SGRE for Offshore Asia-Pacific.
SGRE provided two wind turbines for the first phase of Formosa I, Taiwan’s first offshore wind farm project, and last week revealed the first six wind turbines commissioned in the second phase of the 128MW project.
Ryanair, Transavia, Volotea and other low-cost airlines are feeling the financial pain from high jet fuel prices as a result of the Middle East war and are cutting flights. The closure of the Strait of Hormuz has taken a huge chunk of oil supplies off the market, sending the price of jet fuel soaring and triggering fears of shortages that could force airlines to cancel flights. Airlines are not waiting for a lack of supplies to react. “Travel alert: Airlines are cutting thousands of flights right now,” Travel Therapy host Karen Schaler said in an Instagram reel this past weekend.
MANAGING RISKS: Taiwan has secured LNG sufficient to cover 95 percent of electricity demand for next month, UBS said, describing the government’s approach as proactive UBS Group AG has raised its forecast for Taiwan’s economic growth this year to 8 percent, up from 6.9 percent previously, and said expansion could reach as high as 8.6 percent if external energy shocks are avoided. The upgrade reflects a stronger-than-expected first-quarter performance and sustained momentum in artificial intelligence (AI)-driven exports, which UBS said are providing a firm foundation for growth despite geopolitical and energy risks. Taiwan’s GDP expanded 13.69 percent year-on-year in the first quarter, the fastest growth since the second quarter of 1987, the Directorate-General of Budget, Accounting and Statistics (DGBAS) reported on Thursday. On a seasonally
The Fair Trade Commission’s (FTC) ongoing review of Grab Holdings Ltd’s US$600 million acquisition of Foodpanda Taiwan’s operations, announced on March 23, has taken on fresh urgency as industry experts warn that the transaction could embed significant Chinese cybersecurity vulnerabilities into Taiwan’s digital infrastructure through Grab’s deep ties to autonomous-driving firm WeRide (文遠知行). Less than 16 months after the FTC blocked Uber Eats’ direct attempt to acquire Foodpanda Taiwan — citing potential combined market shares of 80 to 90 percent — the emergence of Grab as the buyer has prompted questions about whether the same competitive harm is simply being rerouted
The list of Asian stocks that benefit from business partnership with Nvidia Corp is getting longer, as the region further integrates into the artificial intelligence (AI) chip giant’s business ecosystem. Just in the past week, South Korea’s LG Electronics Inc, Taiwan’s Nanya Technology Corp (南亞科技), as well as China’s Huizhou Desay SV Automotive Co (德賽西威) and Pateo Connect Technology Shanghai Corp (博泰車聯) have become the latest to rally on news of tie-ups, supply-chain participation or product collaboration with the US chip designer. Asian suppliers account for about 90 percent of Nvidia’s production costs, up from about 65 percent last year, data compiled