Orsted says Taiwan wind project to power TSMC on track for 2025 finish
Adds TSMC comment, paragraph 8
TAIPEI, April 24 (Reuters) -Denmark's Orsted ORSTED.CO, the world's biggest offshore wind farm developer, said on Wednesday a project in Taiwan that will provide power for chipmaker TSMC 2330.TW is progressing well and is on track for completion next year.
Orsted said in March of last year it had made a final investment decision to go ahead with its planned 920 megawatt (MW) Greater Changhua 2b and 4 offshore wind farms, which will mostly supply Taiwan Semiconductor Manufacturing Co (TSMC) TSM.N.
"We are progressing very well on all fronts. A lot of manufacturing is ongoing - some of it is completed even before schedule," Orsted's Asia Pacific President Per Mejnert Kristensen told reporters in Taipei.
"Very soon a lot of hardware will start coming into the country and that also means we will have full installation next year and are committed to completing the project by the end of next year," he added.
"We are very pleased with the progress we are making on that project."
TSMC, the world's largest contract chipmaker, is a top supplier to companies such as Apple AAPL.O and Nvidia NVDA.O. An intensive energy user, it said in 2021 that it aimed to reach net zero emissions by 2050, matching government plans.
Under the terms of the deal Orsted and TSMC reached in 2020, it will buy power from the new wind farms for 20 years. Orsted has not said how much it is investing in the project.
TSMC said in a statement that it continues to "actively pursue long-term green power procurement contracts in Taiwan from diverse sources to drive the development of the domestic renewable energy industry, which is still in the development stage".
Taiwan has made renewable energy, especially from wind, a major priority as it tries to wean itself off imports which now power most of its energy, such as coal, though it is also shifting to greater use of liquefied natural gas.
It is also racing to bolster its power grid which has faced large-scale outages in recent years, unnerving industry.
Reporting by Ben Blanchard; Editing by Muralikumar Anantharaman and Jan Harvey
免責聲明: XM Group提供線上交易平台的登入和執行服務，允許個人查看和/或使用網站所提供的內容，但不進行任何更改或擴展其服務和訪問權限，並受以下條款與條例約束：（i）條款與條例；（ii）風險提示；（iii）完全免責聲明。網站內部所提供的所有資訊，僅限於一般資訊用途。請注意，我們所有的線上交易平台內容並不構成，也不被視為進入金融市場交易的邀約或邀請 。金融市場交易會對您的投資帶來重大風險。
所有缐上交易平台所發佈的資料，僅適用於教育/資訊類用途，不包含也不應被視爲適用於金融、投資稅或交易相關諮詢和建議，或是交易價格紀錄，或是任何金融商品或非應邀途徑的金融相關優惠的交易邀約或邀請。
本網站的所有XM和第三方所提供的内容，包括意見、新聞、研究、分析、價格其他資訊和第三方網站鏈接，皆爲‘按原狀’，並作爲一般市場評論所提供，而非投資建議。請理解和接受，所有被歸類為投資研究範圍的相關内容，並非爲了促進投資研究獨立性，而根據法律要求所編寫，而是被視爲符合營銷傳播相關法律與法規所編寫的内容。請確保您已詳讀並完全理解我們的非獨立投資研究提示和風險提示資訊，相關詳情請點擊 這裡查看。
