South Korea’s LS Cable & System Ltd., announced that it has won a contract with a German wind power firm to supply subsea cables for a Taiwanese offshore wind farm.
A press release said that the contract calls for 170 km of high-voltage underwater cables for an offshore wind farm, named Yunlin, that is located off the shore of Yunlin County in Taiwan. The farm is being built by the YunNeng Wind Power Co., part of the WPD Group, a Germany wind power company.
The release said that the submarine cable order for Taiwan represents a first for a South Korean company. The value of the deal was not released. It did note that as part of its plan to shut down nuclear power plants by 2025 and replace them with renewable energy, Taiwan is set to invest $23 billion in the construction of a 5.5-gigawatt offshore wind power facility.
In the release, LS Cable said that the deal bolsters its position for making further inroads into the European offshore wind power generation market. Established in Germany in 1996, WPD provides such services as construction and operation of wind farms. In the past 20 years or so, WPD notes that it has successfully carried out more than 400 wind farm construction projects around the world.