Vard to build two new-design CSOVs for Taiwanese mystery customer

Taiwan’s development of offshore wind is pushing ahead at pace, with its Ministry of Economic Affairs (MOEA) reporting today that its installed capacity has now reached in excess of 2.5 GW. The MOEA’s goal for 2024 is to install 314 to 374 wind turbines, targeting a total installed capacity of 2.56 to 3.04 GW by year’s end. One beneficiary of this drive for growth is the Fincantieri Group’s Norwegian headquartered subsidiary Vard. It reports that it has signed a a contract with an undisclosed...

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