Dutch contracting company Van Oord has been selected as a preferred contractor for a 640MW offshore wind project under development in Yunlin, Taiwan, by German project developer wpd.

The contract is said to have provided a new platform for the Dutch firm to enter the Asian offshore wind market.

The Yunlin project has a contract value of nearly €500m.

Under the terms of the contract, Van Oord will be responsible for the design, manufacturing and installation of the 80 foundations.

“In Asia, and especially in Taiwan, large investments are being made in offshore wind.”

The wind farm will be constructed 8km off the coast of the Yunlin prefecture, with preparations set to start with immediate effect.

Van Oord noted that the offshore wind project is part of the Taiwan government’s desire to phase out nuclear energy. It is also part of the government’s feed-in tariff (FIT) programme.

As part of this initiative, the government plans to install 5.5GW of offshore wind projects by 2025.

The project will be connected to the Taiwan network and allows a long-term power contract of 20 years.

Van Oord CEO Pieter van Oord said: “In Asia, and especially in Taiwan, large investments are being made in offshore wind.

“The Yunlin project is a great opportunity for Van Oord to show our expertise outside Europe. We look forward to working with our local partners to enable the energy transition of Taiwan.”

Financial close for the Yunlin project is expected to take place by the end of this year. At the beginning of 2020 first foundations will be available for installation.

Monopiles, scour protection, transition pieces and turbines will be installed in succession.