Keppel scores S$150 million contract to build wind-farm substations

Keppel FELS entered into a contract valued at more than S$150 million from Danish renewable energy company Orsted for two offshore wind-farm substations, Keppel said Sunday.

The contract includes engineering, construction and commissioning for two offshore wind farm 600 megawatt substations, but excludes some electrical components which will be furnished by Orstead, Keppel said in a filing to SGX.

“We have been able to leverage and extend our capabilities in offshore engineering and construction to provide services and solutions for [the offshore wind energy] adjacent sector, supporting the evolving needs of the energy industry,” Tan Leong Peng, executive director for offshore at Keppel O&M, which wholly owns Keppel FELS, said in the statement.

The project is expected to be completed in the third quarter of 2021, the filing said.

The substations will be deployed in Orsted’s Great Changhua offshore wind sites in Taiwan, which have a potential capacity of 2.4 gigawatts, Keppel said. Taiwan plans to reach 5.5 gigawatts of installed offshore-wind capacity by 2025, and has a target of 10-17 gigawatts by 2030, the filing said.

Earlier this month, a consortium of Keppel FELS and Aibel AS obtained a major contract from TenneT Offshore, a grid operator in the Netherlands and Germany, for converter stations to support offshore wind farms.

 

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