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Windpower - Far East

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Iberdrola Sells to GIG 40% Of Its East Anglia One offshore wind farm

Iberdrola has signed an agreement with the Green Investment Group of the Macquarie group, for the sale of a 40% stake in the East Anglia One offshore wind farm , which the company builds in British waters of the North Sea. This operation implies, therefore, the entry of a new partner in this renewable installation, in which Iberdrola will maintain a majority participation of 60%.According to the terms of the operation, the valuation for 100% of EAO amounts to about 4,100 million pounds sterling and, by the time the park goes into operation in 2020, Iberdrola will have received around 1,630 million pounds sterling for 40%. This amount will be used to finance the organic growth of the group, contemplated in its 2018-2022 Strategic Perspectives.

The closing of the transaction is pending the usual authorization by The Crown State.

EAO is one of Iberdrola's most relevant projects under development and the largest renewable project ever developed by a Spanish company. When it enters into operation in 2020, the park will be the largest in the world, with an installed capacity of 714 MW, with which it will supply 600,000 British homes with clean energy.

Source : Strategic Research Institute
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Jumbo Ships Large TP’s for First Offshore Windfarm in Taiwan

Jumbo has just completed the shipment of the heaviest, tallest and the largest diameter Transition Pieces. These TP’s were shipped for our client Jan De Nul Group in cooperation with brokers Multi Marine Chartering BV from Laem Chabang to Taichung, where they will form part of Taiwan’s Formosa 1 Phase 2 Offshore Wind Farm. The Formosa 1 OWF will have a total capacity of 128MW once built and commissioned. Phase 1 of Formosa 1 features two Siemens 4MW demonstration turbines, the first ever wind turbines to be installed off Taiwan. The Formosa 1 Phase 2 is owned by Formosa I Wind Power Co. Ltd., a partnership of Ørsted (35%), JERA (32.5%), Macquarie Capital (25%), and Swancor Holding (7.5%).

In advance of the shipments, Jumbo coordinated the fabrication of 12 grillages which act as individual secure holdings on deck for each TP. After installing the grillages onboard the Jumbo Kinetic, the vessel set sail to Laem Chabang to set the project in motion.

The TP’s were carefully secured to the grillages on board the Jumbo Kinetic by her specialised team and then moved in 3 shipments from Laem Chabang to Taichung. In total 20 TP’s with a diameter of 7,8 x 30 m high and a weight of 462 tonnes each were shipped.

Source : Strategic Research Institute
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Siemens Gamesa Strengthens its Position In India

Siemens Gamesa Renewable Energy has secured its first order in India with Alfanar for the supply of 206 units of the SG 2.2-122 wind turbines for two wind farms, totalling 453 MW. Both projects will be located in Bhuj, Gujarat, where the company will supply 202 MW for one project and 251 MW for the other. The wind farms are expected to be commissioned by 2020. The SG 2.2-122 is specifically optimized for low wind, low turbulence sites typical of the Indian market, thanks to extremely low power density and high efficiency. This turbine has been crucial to cement Siemens Gamesa leading position in India having sold over 1 GW in the current fiscal year.

Mr Ramesh Kymal, Onshore CEO of Siemens Gamesa in India said that “Alfanar is already our customer globally and we are happy to announce this first deal with the company in India. Repeated big orders such as this certainly boosts our confidence and demonstrates customers’ trust in our capabilities. With the SG 2.2-122 – a turbine made for India, we expect to deliver better value to our customers through innovative, tailor-made solutions.”

Source : Strategic Research Institute
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Oman First Wind Power Plant Starts Operating - Reports

UrduPoint News reported that a 50 megawatt wind power plant has been launched in the Dhofar Governorate in the south of Oman. The power plant in Dhofar is the first in the Persian Gulf region, Times of Oman newspaper reported. Currently only one wind turbine out of 13 is connected to power grids.

A full launch of the power plant is scheduled for the end of this year. It will enable electricity supply to 16,000 houses in the Dhofar Governorate.

Source : Strategic Research Institute
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AMSC Received USD 9 Million Wind Turbine Order from Doosan Heavy Industries

AMSC a global energy solutions provider serving wind and power grid industry leaders announced it has received a USD 9 million order for its 5.5 MW wind turbine electrical control systems from Doosan Heavy Industries & Construction Co Ltd, South Korea’s premium wind turbine manufacturer. AMSC signed an agreement with Doosan in calendar year 2017 for the rights to design and exclusively supply ECS units to Doosan’s 5.5 MW offshore wind turbine. The initial 5.5 MW systems were ordered in January 2018, and AMSC expects to complete shipments under this follow-on order by no later than fiscal year 2020.

Mr Daniel P McGahn, Chairman, President and CEO, AMSC said that “We believe that this order represents the beginning of Doosan’s transition into volume production with one of the world’s largest offshore wind turbines. As the South Korean wind market grows and Doosan positions itself for export, we stand ready to support its anticipated production ramp with our 5.5 MW electrical control system.”

According to GlobalData, the South Korean offshore wind market capacity is forecasted to grow to approximately 6 GW by 2030 while the global offshore wind power market capacity is forecasted to grow to approximately 100 GW by 2030.

The 5.5 MW full conversion wind turbine design and prototype is the product of a joint development between South Korea-based Hyundai and AMSC, which Doosan acquired in 2017. AMSC's wind turbine ECS include the company's proprietary PowerModule™ power converters, pitch and yaw converters, SCADA systems and other power electronics. They are designed to enable reliable, high-performance wind turbine operation by controlling power flows, regulating voltage, monitoring system performance and controlling the pitch of wind turbine blades to maximize efficiency.

Source : Strategic Research Institute
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Suzlon Energy Reports Q1 Net Loss Narrows To INR 337 crore

Suzlon Energy's consolidated net loss narrowed to INR 336.88 crore in the June quarter, on account of lower expenses. The company had reported a loss of INR 575.10 crore in the corresponding period of the previous financial year. Its total expenses in the April-June 2019 quarter declined to INR 1,178.39 crore as compared with INR 1,866.04 crore in the year-ago period. The firm's total income dropped to INR 851.09 crore, compared with INR 1,289.94 crore a year ago.

In the January-March quarter this year, it had reported a loss of INR 294.64 crore. The company had reported a net loss of INR 1,537.19 crore in 2018-19.

Suzlon Energy Group Chief Executive Officer Mr J P Chalasani said in a statement that "We continue to witness sectoral slowdown, owing to the prolonged industry transition to the bidding regime and policy uncertainty in few states. On the positive side, tariffs are stabilising and the volume growth in the long-term augur well for sustainable growth of the sector."

He said the company's operation and maintenance services division continues to deliver high machine performance for the customers, surpassing industry benchmarks.

Suzlon Energy Group Chief Financial Officer Mr Kirti Vagadia said that "Post default scenario, the company operations are at a sub-optimal level. However, we have continued to focus on cost optimisation across the board including cost of goods sold, fixed costs, working capital and thereby curtailed losses in this lean period."

Source : Strategic Research Institute
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Sembcorp Commissions 200 MW Wind Power Project in Bhuj

Indian arm of Singapore-based Sembcorp Industries said that it has commissioned 200 MW of wind power project at Bhuj in Gujarat, taking its total generating capacity to 450 MW to become the largest producer of electricity from wind energy in the country.

The phased commissioning of a combined capacity of 200 MW of wind project at Bhuj in Gujarat is part of the 250 MW and 300 MW capacity, respectively, that Sembcorp won in the SECI 2 and SECI 3 wind bids conducted by the Solar Energy Corporation of India.

It had previously commissioned 250 MW of wind project in Tamil Nadu under SECI 1.

In all, the company had won 800 MW of wind power bids, of which it has completed 450 MW.

Source : Strategic Research Institute
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Universal mCloud Inks AssetCare Agreement with Longyuan Wind Power in China

Universal mCloud Corp announced the start of a commercial agreement with Longyuan Construction Investment Wind Power Co, Ltd to deliver performance analytics via the Company’s AssetCare for Wind offering. AssetCare will initially be used to assess and optimize the condition and performance of wind turbine pitch systems and batteries for 35 GE wind turbines at Longyuan’s Pu Fa Wind Farm in China. This agreement is the start of what is expected to be a multi-phase relationship with Longyuan.

Using historical performance data for these wind turbines, AssetCare will apply its AI and analytics to evaluate numerous pitch parameters including motor temperature, position, current, and torque along with performance variables such as wind speed, power output, and turbine mode. By detecting excessive rotational force or control system issues, AssetCare can predict impacts to annual energy production and turbine longevity. By improving wind energy production while reducing costs associated with Operations & Maintenance, AssetCare increases Longyuan’s profitability per MWh.

Mr Dave Weinerth, mCloud President, Smart Energy said that “We look forward to demonstrating the power of AssetCare to Longyuan and helping them maximize the performance of their wind turbine fleet. By connecting these wind turbines to our AI and analytics capabilities, we are confident we will discover how to achieve better performance for these wind turbines, positioning AssetCare for more turbines in their portfolio.”

Mr Weinerth added that “The World Wind Energy Association estimates China has approximately one-third of the world’s total installed wind capacity and, with over 19,000 MW, Longyuan is China’s largest wind farm developer and operator.”

Source : Strategic Research Institute
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NBT Starts Building Second Phase of Zofia Wind Farm in Zaporizhia Region

Azovpromenergo LLC has started building of the second phase of Zofia wind farm with a 300 MW capacity in Yakymivsky district of Zaporizhia region, an announcement on the Environmental Impact Assessment Register. Within the framework of the project, it is planned to set up nearly 72 wind turbines with a capacity from 4,500 MW and 6,000 MW each. The height of the tower will reach 130 meters, rotor diameter is from 145 meters up to 170 meters depending on producer and a model of equipment.

The second phase of the wind farm is to produce about 1.2 million MWh of electric power. Its total capacity is 750 MW.

According to the United State Register of Legal Entities, Individual Entrepreneurs and Public Organizations of Ukraine, Azovpromenergo belongs to East Renewable Zofia, which also owns LLC Azovinvestprom that in turn deals with the building of the first phase of the wind farm.

However, Norway’s NBT has completed the acquisition of 82% of the charter capital of Azovinvestprom.

As reported, the investment agreement on the construction of a wind farm was signed on January 23, 2019r in Davos. The European Bank for Reconstruction and Development, the Nordic Environment Finance Corporation, the Black Sea Trade and Development Bank and others also became parties to the agreement. The organizer of the syndicate of investors was JP Morgan.

In April 2018, NBT bought 100% of Syvashenergoprom LLC (operates a wind farm with a capacity of about 3 MW), and early September, an agreement was signed on the implementation of a project to build a 250 MW wind farm in Kherson region (along Syvash Lake) with the leading role of NBT. In the spring of this year, construction of 67 wind turbines will begin.

Both wind power projects in Kherson and Zaporizhia regions are being implemented by NBT together with the French energy company Total-Eren (a subsidiary of Total).

Source : Strategic Research Institute
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ALE and Giant Taiwan Team Up on Formosa offshore wind farm

ALE and Giant Taiwan have undertaken a joint venture to provide the onshore handling, transportation, and storage of wind turbine foundations for phase 2 of Taiwan’s Formosa 1 wind farm project. This phase is seeing 20 Siemens Gamesa 6 MW wind turbines installed 6 kilometres off Miaoli County in the Taiwan Strait, raising its power generation capability from its current 8MW to 128MW.

ALE – Giant’s scope in the offshore wind energy project included, among others, the transportation and load-out of monopiles from their point of fabrication in Rostock, Germany, the development of earthquake-resilient storage facilities at the Port of Taichung, Taiwan, and the load-in of both monopiles and transition pieces there.

These items are currently in the process of installation by the offshore vessel Seaway Yudin.

Mr Chris Schraa, director of ALE Taiwan, said that “By establishing ALE – Giant we have fast tracked our localization and have been able to offer ALE’s world class services, safety and quality standards while being seen as a local partner from day one.”

The total project is scheduled to have a duration of eight months. The Formosa 1 Phase 2 offshore wind farm is expected to be fully built by the end of the year and fully operational in 2020.

Mr Yannick Sel, director of Global Strategic Sales, said that “This is truly a winning combination in which ALE brings its knowledge built up in the offshore wind industry in Europe and Giant complements it with valuable local connections and expertise.”

Source : Strategic Research Institute
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IL&FS Board Seeks NCLT Nod to Sell 7 Wind Power Units

The IL&FS Board on August 20 sought the approval of the National Company Law Tribunal to sell seven wind assets to Japan's Orix Corporation for INR 4,800 crore, which will help reduce its debt burden of INR 94,000 crore. The seven wind power SPVs are Lalpur Wind Energy, Etesian Urja, Khandke Wind Energy, Retadi Wind Power, Wind Urja Indiae, Tadas Wind Energy and Kaze Energy. The proceeds from the sale of these seven assets will be kept in an escrow account as was recommended by DK Jain, retired judge of the Supreme Court.

Orix Corporation of Japan is already an equity partner in the group and owns 49% stake in each of these seven operating wind power plants.

Earlier this month, IL&FS in a statement had said it had decided to completely sell wind energy business, held under IL&FS Wind Energy to Orix, with NCLT for final approval.

Source : Money Control
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MHI Vestas Signs Contract in Taiwan for Local Supply of Switchgear

Confirming the first electrical component for local supply in the budding offshore wind industry in Taiwan, MHI Vestas has signed a conditional agreement with Mitsubishi Electric Europe BV, with Taiwanese manufacturer, Shihlin Electric Co included as an integral part of the production. The contract, signed by executives from MHI Vestas and Mitsubishi Electric Europe, meets the Taiwan government’s localisation requirements for local production, sending a signal that MHI Vestas is aggressively advancing its industrial plans in the market.

The assembly and testing of high voltage switchgear, a key electrical component in offshore wind turbines to help control and protect electrical equipment, will be done at Shihlin’s factory in Hsinchu, with first delivery in 2022 for projects installed in 2023 and 2024.

Mr Lars Bondo Krogsgaard, MHI Vestas Co-CEO said that “It is clear that we’re moving aggressively with our industrial plans in Taiwan. Signing with industry leader Mitsubishi Electric, who will work with Shihlin Electric for local switchgear assembly, speaks to the tremendous progress MHI Vestas has made in building up the local offshore wind supply chain. As a result of our sustainable localisation efforts, up to NTD 9.2 billion in economic value and 5,300 clean energy jobs will come to Taiwan.”

Source : Strategic Research Institute
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China Develops 10MW Permanent Magnet Generator For Offshore Wind Turbine

China's self-developed 10MW direct drive permanent magnet generator for offshore wind turbines completed acceptance test and is ready for shipment. The new generator is by far the largest of its kind in the country in terms of rotor diameter and unit capacity, according to its developer, Dongfang Electric Machinery Co., Ltd. in southwest China's Sichuan Province. Based on the working conditions in Chinese waters, permanent magnet direct drive and full power conversion technologies were used to achieve active typhoon-resistant performance.

The successful delivery of the generator indicates the R&D and manufacturing capabilities of high-power offshore wind turbines. The generator will be installed at a wind farm in Xinghua Bay, east China's Fujian Province.

Source : Strategic Research Institute
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Jan De Nul Completes Installation of All 24 Foundations on Formosa

Jan De Nul Group has successfully completed installation of all twenty foundations on the 120MW Formosa 1 Phase 2 wind farm in Taiwan, the company said in its release. As part of Jan De Nul Group’s EPCI contract for building of the overall Balance of Plant, Jan De Nul Group mobilised the Seaway Yudin to install the 20 foundations. The foundations consist of a monopile and transition piece structure with a grouted connection. The monopiles range from 752 to 1230 Ton with a maximum diameter of 8.4 meter and a length ranging from 60.1 to 79.5 meter. Each of the transition pieces weigh 465 Ton and consists of five internal platforms, an external platform and boat landing.

Over a period of less than one year Jan De Nul Group managed to complete the fabrication process, the sea transport, the load in and out at the marshalling harbour in the Port of Taichung, and finally the installation of all foundations offshore. With the parallel installation of scour protection, export and inter array cables being well underway, Jan De Nul Group are fast tracking the completion of the project.

Source : Strategic Research Institute
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AboitizPower Acquires Wind Power Facility in Vietnam

AboitizPower through its wholly owned subsidiary AboitizPower International announced that it has signed a share purchase agreement for the acquisition of 100% ownership of Mekong Wind Pte Ltd from Armstrong Southeast Asia Clean Energy Fund Pte Ltd. The acquisition is subject to customary closing conditions and is expected to complete in the fourth quarter of 2019. The acquisition captures all legal and economic interest in Mekong Wind, which in turn holds a 99.9999934% direct interest in Dam Nai Wind Power JSC.

The Dam Nai Wind facility, located in Ninh Thuan Province, Southern Vietnam, is among the first successful wind power projects in the country. It owns and operates the 39.4-megawatt (MW) onshore wind power facility in Ninh Thuan Province, Southern Vietnam. Ninh Thuan Province boasts some of the most attractive sites for wind energy in the country.

The total purchase consideration payable for the acquisition of Mekong Wind is approximately USD 46 million which may be subject to certain closing adjustments.

AboitizPower President and Chief Executive Officer Erramon I. Aboitiz said that “This transaction is a milestone for AboitizPower and sets the tone for our expansion in the international market. We have announced our intentions to go international some time back and we have been prudent in looking for the right opportunity that will bring the best value for the company and our shareholders. This is such a transaction.”

Source : Strategic Research Institute
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NCLT Allows IL&FS to Sell 7 Wind Assets to Orix

National Company Law Tribunal on August 28 cleared the sale of IL&FS's seven wind energy assets to Japan's Orix Corporation for INR 4,800 crore, which will partially help reduce its debt burden of over INR 99,000 crore. The tribunal comprising of VP Singh and Rajesh Sharma allowed the government-appointed board's plea to approve sale of 51% stake in seven wind energy arms to Orix. The seven wind power SPVs are Lalpur Wind Energy, Etesian Urja, Khandke Wind Energy, Retadi Wind Power, Wind Urja Indiae, Tadas Wind Energy and Kaze Energy.

Orix Corporation is already an equity partner in the group and owns 49% stake in each of these seven operating wind power plants.

The company should deposit the fund from the asset sale in an interest bearing account until further, the tribunal said.

Retired Supreme Court judge DK Jain had recommended that the proceeds from the sale of these seven assets should be kept in an escrow account.

Source : Strategic Research Institute
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Enel Green Power Awarded 190 MW of Wind Power in India

Enel Green Power through its Indian renewable subsidiary EGP India has been awarded the right to sign a 25-year energy supply contract for a 190 MW wind farm in India. The project was awarded under the 1.8 GW Eighth Tranche of the national wind tender issued by the government company Solar Energy Corporation of India. Under the energy supply contract to be assigned to EGP pursuant to today’s tender, the wind farm will supply specified volumes of energy over a 25 year period to SECI. The wind project, which is expected to start operations in the second half of 2021, will be able to generate more than 700 GWh of renewable energy every year, enough to avoid the annual emission of around 608,000 tons of CO2 into the atmosphere and continuing to help India meet its renewable energy goals. The current Indian government has set a target of achieving 100 GW of solar and 60 GW of wind power generation capacity by 2022, up from around 25 GW of solar and about 35 GW of wind today.

Mr Antonio Cammisecra, Head of Enel Green Power said that “We are continuing to grow our presence in India through this significant tender award. India has already become a giant in the global renewable arena, backed by its highly competitive and sophisticated tender system. We are contributing to this vibrant renewable market through our wealth of technological expertise and our sustainability-driven approach. This success in our second wind tender award in India is a strong demonstration of our commitment, capabilities and competitiveness in the Indian renewable energy market.”

Source : Strategic Research Institute
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Queensland Approves Construction of 94MW Wind Farm

A AUD 128 million wind farm in the Australian state of Queensland has been approved by the state, creating 100 new jobs for regional Queenslanders. Minister for State Development, Manufacturing, Infrastructure and Planning, Mr Cameron Dick said the wind farm is expected to be operational by next year. He said that “The Queensland Government is committed to supporting investment in regional Queensland and renewable energy projects. During construction 100 new jobs will be created and there will be a further five ongoing jobs once the wind farm is operational. It’s a huge jobs boost for the area and will help us achieve our renewable energy target.”

Mr Dick said that this project will deliver 16 new turbines and, coupled with the 123 turbines in nearby Coopers Gap, that’s nearly 140 turbines delivering power to the region.

Once complete, the 64MW wind farm would be the second one in operation in the area with Coopers Gap initially approved in 2017.

Source : Strategic Research Institute
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Maharashtra Issues Tender for Wind-Solar Hybrid Projects

The Maharashtra State Electricity Distribution Company Limited has issued a tender for the procurement of hybrid renewable power to meet its renewable purchase obligation. The tender also aims to promote hybrid projects for the efficient utilization of land and transmission infrastructure. MSEDCL plans to procure wind-solar hybrid power from projects that will be developed on identified land parcels that belong to Maharashtra Energy Development Agency through a competitive bidding process. MSEDCL is expected to enter into power purchase agreements with selected developers for 25 years.

The following are the locations and project capacities of the identified land for which tenders have been issued: Girye-Vijaydurg, Sindhudurg District-20 MW, Sautada, Beed District-20 MW, Gudhepanchgani, Sangli District-5 MW, Motha, Amravati District-15 MW, and Jagmin, Satara District-20 MW.

MSEDCL has set a ceiling tariff of INR 2.80 per kWh for these projects. According to the tender documents, these hybrid projects are to be commissioned within 15 months from the date of signing of the power purchase agreements.

The earnest money deposit for the bids has been set at INR 1 million per MW. The pre-bid meeting will be held on September 16, 2019. The last date for the submission of bids is September 30, 2019.

Source : Strategic Research Institute
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Tata Power’s Khopoli Investments to exit South African JV Cennergi

Tata Power’s 100% subsidiary Khopoli Investments Ltd announced the execution of a Share Purchase Agreement with Exxaro Resources Ltd. for the divestment of the Company’s entire 50% stake in Cennergi, a South African joint venture, for an amount of ZAR 1,550 million (USD 106 million), subject to normal working capital and other adjustments. The agreement will be subject to, amongst others, normal regulatory approvals customary for this type of transaction. Cennergi (Pty) Ltd is a 50:50 joint venture between Exxaro Resources Ltd and Khopoli Investments Ltd., a wholly owned subsidiary of The Tata Power Company Ltd. Exxaro is a leading South African coal producer. Under the Agreement, Exxaro will acquire the entire 50% shareholding of Khopoli Investments Ltd. The Agreement is likely to be completed by Q3FY20. Post this transaction, Exxaro will have 100% ownership of Cennergi.

Cennergi in turn owns two wind farms in South Africa - Amakhala Emoyeni (with a generation capacity of 134.4 MW and 95% shareholding) and Tsitsikamma Community Wind Farm (with a generation capacity of 95.3 MW and 75% shareholding). Each project has a 20-year Power Purchase Agreement (PPA) with the State power utility Eskom.

Source : Strategic Research Institute
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