ABB and TECO Sign Letter of Intent for Pushing Offshore Wind Power Substations
ABB,
internationally renowned engineering multinational, and TECO Electric &
Machinery, announced today signing of letter of intent for jointly tapping the
Taiwanese market for offshore wind-power substations, taking advantage of the
former's experience on the global market and the latter's expertise in onshore
substations developed over the past three years. Both parties will form a
highly competitive team, developing highly credible, complete solutions for
offshore substation-related equipment and engineering, to foster the indigenous
offshore wind-power industry.
Anders
Maltesen, senior vice president of Asian region, ABB energy industry division,
remarks that "The joint venture will contribute significantly to the
generation and transmission of offshore wind power and thus the goal of net
zero-emission energy. The partnership will support our aspiration to become a
leader for green-energy transformation, offering the market offshore substation
solution with excellent design and engineering quality. We are confident to
play a key role in Taiwan's sustainable-energy market." In the joint
venture, ABB will contribute its expertise in the design and supply of
electricity, monitoring and data collection, automation, and telecommunications
equipment, as well as the installation, operation, and maintenance of such
equipment.
Chang
Sung-pin, president of TECO's smart energy business group, points out that
having built up a track record of 2 GW turnkey onshore substations for offshore
wind power since 2019, with 35% market share, TECO will extend its reach to
offshore substations, on top of such original products as GIS switchgear, spare
generators, and pre-fitting electric-equipment room (E-House), offering a
stable, safe, and reliable renewable-energy power system. TECO notes that the
collaborative E-House solution will be applied to IDCs, optimizing their power
consumption efficiency via energy storage and energy management systems.
As an engineering multinational with cutting-edge technology, ABB (ABBN:SIX SWISS EX) has been dedicated to social and industrial transformation, in order to attain high productivity and sustainability. Taking advantage of its software technology and product lineup of electric devices, industrial robots, automation, and motion control, ABB has been continuously boosting its performance via extension of its technology boundary. With over 130-year history, ABB boasts a global workforce of 105,000 in over 100 countries. For information, please access WWW.ABB.COM.