Supply of Jackets and Components for Taiwan Pengmiao 1 Project
SK Eco Plant's offshore wind power specialist subsidiary, SK Ocean Plant, has secured an offshore wind substructure (jacket) manufacturing project worth $285.5 million (approximately 390 billion KRW).
On the 4th, SK Ocean Plant announced through a public disclosure that it had signed a contract with CIP (Copenhagen Infrastructure Partners), the world's largest green energy investment management company, to supply jackets and jacket components for the Fengmiao1 project in Taiwan.
SK Ocean Plant announced on the 4th through a public disclosure that it has signed a contract worth 390 billion KRW to supply offshore wind foundation structures (jackets) with CIP (Copenhagen Infrastructure Partners), the developer of the Taiwan Fengmiao1 project. The photo shows a jacket manufactured by SK Ocean Plant being exported. Photo by SK Ocean Plant
The Fengmiao1 project involves developing a 500MW offshore wind farm located 35km off the coast of Taichung City in western Taiwan. Construction is scheduled to begin in 2025, with operations starting in 2027.
SK Ocean Plant will participate in all of CIP's offshore wind projects in Taiwan, including the Chang Fang Xidao, Zhong Neng projects, and now the Fengmiao1 project.
An industry insider stated, "The Fengmiao1 project is the first project in Taiwan's Round 3 offshore wind farm construction business," adding, "Following this order, it is expected that orders for other Round 3 projects will continue."
Meanwhile, the Taiwanese government plans to build offshore wind farms totaling 15GW in five phases from 2026 to 2035. This year, it also plans to bid for a floating offshore wind demonstration project.
The Korean government also plans to newly install 14.3GW of offshore wind power by 2030, based on the 10th Basic Plan for Electricity Supply and Demand.
SK Ocean Plant is currently establishing a new offshore wind specialized production base covering 1.57 million square meters in Donghae-myeon, Goseong-gun, Gyeongnam Province, aiming for completion by the end of 2026. Including the existing yards (Yard 1 and Yard 2) with an area of 930,000 square meters, the total area reaches 2.5 million square meters, nearly the size of Yeouido. This is one of the largest offshore wind substructure production bases in the world. Currently, the annual jacket production capacity of the existing Yard 1 and Yard 2 is about 50 units, and once the new production base is completed, it will be able to produce approximately 40 floating bodies, each weighing about 4,500 tons.
Lee Seung-chul, CEO of SK Ocean Plant, said, "The new production base will have production capabilities for all offshore wind structures, including fixed substructures like jackets, floating substructures like floaters, and offshore substations, playing a significant role in targeting both domestic and international offshore wind markets." He added, "Our parent company, SK Eco Plant, is progressing with offshore wind development projects and also possesses basic design technology for floating bodies, so we expect synergies in the future."
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