MHI Vestas finalises contract with Swancor to source blade materials in Taiwan, further realising ambitious localisation plans.
In another step forward for MHI Vestas’ industry-leading localisation plans in Taiwan, the company has confirmed a purchase agreement with Swancor to source several key blade manufacturing components locally. This contract strengthens Swancor’s presence in the offshore wind sector, and will deliver substantial value to the Taiwanese economy through knowledge sharing, jobs and direct investment.
The scope of the Swancor contract goes substantially beyond local requirements for blade materials and covers a significant percentage of the direct materials value of overall blade manufacturing (including carbon tow, carbon pultrusion, resin, and bonding glue).
This is the second purchase agreement signed by MHI Vestas related to blade production in Taiwan, following selection of Tien Li Offshore Wind Technology to manufacture blades in a new facility to be built near Taichung Harbour.
MHI Vestas has been awarded firm contracts for the Changfang and Xidao projects developed by CIP (total combined capacity of 589 MW), as well as preferred supplier status for the 300 MW Zhong Neng project developed by CSC and CIP.
This contract will support up to 570 jobs in blade material provision to Taiwan between 2020 and 2025. Additionally, up to NT$850m in economic value (gross value added) will be added to the Taiwanese economy from blade material production and induced value.