Page 15 - AsiaElec Week 27

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“Signing ceremony Azad Pattan Hydel This is the largest-ever contract of its kind investment decision, we are making offshore
Power Project. Focus been on cheaper within renewable energy. wind a cornerstone in Taiwan’s transition from
& greener power. No fuel import so no The 20-year fixed-price contract period fossil-based to renewable energy.”
foreign exchange wasted. 3000 jobs, $1.5bn starts once Greater Changhua 2b & 4 reaches ØRSTED
investment-no loan. Annual income of commercial operations in 2025/2026,
Rs1.38 Bn for Punjab/AJK from water use,” subject to grid availability and Ørsted’s final MingYang launches 11MW,
said CPEC Authority chairman Asim Saleem investment decision.
Bajwa in a twe4t. Under the agreement with TSMC, the hybrid turbine
Greater Changhua 2b & 4 offshore wind
farm will receive a price for power including MingYang Smart Energy Group launched
T-RECs (Taiwan renewable energy certificate) its new MySE11-203 offshore wind turbine
SOL AR during the 20-year contract period that is on July 7. Featuring hybrid drive, nameplate
higher than the feed-in-tariff which was capacity of 11 MW, and a rotor diameter of
BP goes green with Jinko originally secured via the outcome of Taiwan’s 203 meters, MySE11-203 is said to be the
first offshore wind auction in June 2018.
world’s biggest hybrid-drive wind turbine.
BP has signed a memorandum of This improves the project’s financial The company plans to install a prototype
understanding (MOU) with one of China’s viability and helps Ørsted mature Greater of the new wind turbine in 2021 and have it
leading solar project developers, JinkoPower Changhua 2b & 4 towards a final investment commercially available in 2022.
Technology (JinkoPower), to provide decision. MySE11-203’s 99-metre long carbon-glass
integrated decarbonised energy solutions and “We commend TSMC for their leadership hybrid blades have a swept area of 32,365
services to customers in China. in renewable energy sourcing and for taking square metres.
The partnership is targeting the tangible action to deliver on their ambitious The wind turbine will have a 31%
development of an innovative, integrated greenhouse gas reduction targets. By sourcing higher annual energy production than its
energy solution business delivering renewable renewable energy at an unprecedented scale, predecessor, a super compact design and an
power and Energy-as-a-Service digital TSMC demonstrates strong support for the optimal substructure – at a lower cost, thus
tools for commercial and Industrial (C&I) development of renewable energy. Signing the lowering the LCoE of an offshore wind farm,
customers in China largest-ever corporate PPA with the world’s according to the China-based manufacturer.
“China is the world’s largest and most leading semiconductor company shows that “The short and strong structure can reduce
advanced solar market and one of the most Ørsted is a trusted renewable energy partner loads to the drivetrain of turbines, so that
important markets for BP to achieve its low- for corporates and governments,” said Martin it is composed of less fragile components;
carbon ambitions,” Simon Yang, BP’s China Neubert, Executive Vice President and CEO the medium-speed gearbox is similar in
president, said in a statement. of Ørsted Offshore. structure to the aero-engine gearboxes with
China is the largest and fastest growing Matthias Bausenwein, President of Ørsted a high reliability gene; the compact design
renewable energy market in the world. Asia-Pacific, said: “The agreement between ensures the isolation inside the nacelle against
The country aims to reach 50% of power Ørsted and TSMC signed today underlines corrosion caused by salty sea air; moreover,the
generation from non-fossil fuels by 2030. J Ørsted’s pioneering role in the development lubrication system with high-precision 5µm
“We are pleased to establish a long-term of renewable energy in the Asia Pacific. In filtration guarantees the high reliability and
and close partnership with bp to jointly Taiwan, we are already constructing the longer life of bearings and gear transmissions”,
explore cooperation on renewable energy Greater Changhua 1 & 2a offshore wind farm. MingYang stated.
and develop comprehensive energy services. Combined with our Greater Changhua 2b & 4 MINGYANG
I am confident that together we will combine project, which is now one step closer to a final
our resources efficiently with complementary
advantages, promote the energy transition
and reshape the relation between society and
energy. This is also fully aligned with bp’s net
zero ambition,” added Xiande Li, chairman of
JinkoPower and Jinko Solar.
The partnership supports BP’s ambition to
become a net zero carbon company by 2050 or
sooner and to help the world get to net zero.
BP

WIND
Ørsted, Taiwan’s TSMC sign

world’s largest green PPA

Ørsted and Taiwan-based TSMC signed a
corporate power purchase agreement (CPPA)
on July 8 for the 920MW Greater Changhua
2b & 4 offshore wind farm.

Week 27 08•July•2020 www. NEWSBASE .com P15