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Vineyard Wind 2 Offshore Wind Project Provisionally Awarded 800 MW in Massachusetts Procurement Awards

Posted on: September 13th, 2024 by Anna Ladócki No Comments

September 9, 2024 – Boston, Massachusetts and Copenhagen, Denmark

As part of the Vineyard Offshore team in the United States, Copenhagen Offshore Partners (COP), a global leader in offshore wind development and construction, is proud to share the Vineyard Wind 2 project in the United States has been provisionally awarded up to 800 MW in the latest solicitation for offshore wind power by Massachusetts.  

Vineyard Offshore, America’s leading offshore wind developer, released the following statement in response to the announcement by Massachusetts and Rhode Island. 

“Vineyard Offshore congratulates Governor Healey and the Commonwealth of Massachusetts for their commitment to procure up to 800 megawatts from our 1,200-megawatt Vineyard Wind 2 project, which provides the opportunity to deliver New England’s next-generation offshore wind project,” said COP US CEO and Vineyard Offshore CEO, Alicia Barton. “We look forward to Connecticut’s forthcoming decision on the remainder of the procurement so that we can begin to deliver important economic and climate benefits to the region.” 

Vineyard Wind 2 Highlights: Massachusetts 

  • Vineyard Wind 2 will generate $1.5 billion in direct economic benefits and over 3,000 job-years of employment in Massachusetts. 
  • The project will provide up to $37.5 million in directly funded initiatives to foster a diverse, inclusive offshore wind workforce and supply chain, help address energy burden for low- and moderate-income households, advance regional fisheries and environment research, and establish the region as a global climate innovation lab. 
  • The Salem Offshore Wind Terminal will be the staging site for the project’s wind turbine installation. 
  • The project’s operations and maintenance (O&M) hub will be sited in New Bedford. 

Vineyard Wind 2 Highlights: Connecticut 

  • $682 million in direct economic benefits 
  • Nearly 400 job-years of union employment to install onshore and construct cables and transmission infrastructure 
  • $20 million in directly funded initiatives to support wildlife, fisheries, and ecological resources, as well as the commercial fishing industry 
  • The project also enjoys the support of elected leaders of involved onshore communities: New London, Montville, and Waterford. 
  • Additional information found here. 

 

About Copenhagen Offshore Partners    

Copenhagen Offshore Partners (COP) is a world leader in offshore wind project origination, development, and construction. COP is accelerating the energy transition through development of a 50+ GW project portfolio. An industry pioneer, the group is leading project development in new markets, including four projects recently completed or currently under construction – Changfang and Xidao and Zhong Neng in Taiwan, Vineyard Wind 1 in the United States and Jeonnam 1 in Korea. COP also specializes in system integration capabilities, including power-to-x. COP’s expert team is advancing projects across 17 offices in Europe, Asia Pacific, and the Americas. COP is a proudly independent company owned by its management. Learn more at www.cop.dk 

 

About Vineyard Offshore 

Vineyard Offshore, an affiliate of CIP, is leading the development of two lease areas in the Northeast, OCS-A 522, known as Vineyard Northeast, located off the coast of Massachusetts and OCS-A 544, known as Vineyard Mid-Atlantic and home to the Excelsior Wind Project, located in the New York Bight. Additionally, the company is working to develop a project off the coast of Humboldt County in Northern California, in lease area OCS-P 0562. Combined with its joint venture development of the first-in-the-nation offshore wind project, Vineyard Wind 1, Vineyard Offshore has the potential to develop more than 6 gigawatts of clean, renewable, and affordable energy on the East and West Coasts of the United States. To learn more, visit: www.vineyardoffshore.com. 

COP Inaugurates New Office in Manila, Reaffirms Commitment to Energy Transition in the Philippines

Posted on: September 11th, 2024 by Anna Ladócki No Comments

September 11, 2024 – Manila, Philippines and Copenhagen, Denmark 

Copenhagen Offshore Partners (COP), a global leader in offshore wind development and construction, has expanded its footprint in Asia Pacific and opened a new office in Manila, Philippines located at the ORE Building, BGC Taguig City. COP’s new offices are co-located with Copenhagen Infrastructure Partners (CIP), the world’s largest green energy fund. COP is leading development for three offshore wind sites in the Philippines, totaling 2 GW of capacity, on behalf of CIP, owner of the Philippines portfolio. 

The inauguration ceremony was attended by distinguished guests, including Filipino Department of Energy Secretary Raphael “Popo” Lotilla, Danish Ambassador Franz-Michael Skjold Mellbin, Philippine Ambassador to Denmark Leo M. Herrera-Lim, Department of Environment and Natural Resources Secretary Toni Yulo-Loyzaga, Special Assistant to the President for Investment and Economic Affairs Secretary Frederick Go, and senior CIP and COP executives. 

Jesper Krarup Holst, COP Philippines Co-CEO and COP Partner, said, “We are thrilled to open an office in Manila alongside our CIP partners. Together, we are advancing development of our Philippines portfolio to accelerate the country’s energy transition and sustainability goals.” 

Rune Damgaard, COP Philippines Co-CEO stated, “The Philippines has immense potential for offshore wind energy, and we are proud to support the government’s efforts to unlock this important infrastructure in the country. Our presence underscores our dedication to being part of this journey and partnering with local stakeholders to create innovative solutions that benefit communities and the environment.” 

COP and CIP’s 2 GW Philippines portfolio is expected to create around 4,500 jobs during the development and operations period, as well as generate enough electricity to power approximately one million households which would offset 2.9 million tons in CO2 emissions per year for the duration of their 25-year contracts. 

 

(from left) Rune Damgaard, Co-CEO of Copenhagen Offshore Partners; Jesper Holst, Partner and Co-CEO of Copenhagen Offshore Partners; Robert Helms, Partner of Growth Market Fund, Copenhagen Infrastructure Partners; Maria Antonia Yulo-Loyzaga, Secretary of the Department of Environment and Natural Resources; Raphael P. M. Lotilla, Secretary of the Department of Energy; Przemek Lupa, Associate Partner and Head of Southeast Asia, Growth Market Fund, Copenhagen Infrastructure Partners; Secretary Frederick Go, Special Assistant to the President for Investment and Economic Affairs; Leo Herrera-Lim, Ambassador of the Philippines to Denmark; Franz-Michael Skjold Mellbin, Ambassador of Denmark to the Philippines; Marina Hsu, Regional Managing Director of Copenhagen Infrastructure Service Co.; Francis Isagani Daba, Business Development Director of Copenhagen Infrastructure Service Co. participated in the ribbon-cutting ceremony for the opening of Copenhagen Infrastructure Partners’ Manila office in the ORE Building, BGC, Taguig City.

 

About Copenhagen Offshore Partners   

Copenhagen Offshore Partners (COP) is a world leader in offshore wind project origination, development, and construction. COP is accelerating the energy transition through development of a 50+ GW project portfolio. An industry pioneer, the group is leading project development in new markets, including four projects recently completed or currently under construction – Changfang and Xidao and Zhong Neng in Taiwan, Vineyard Wind 1 in the United States and Jeonnam 1 in Korea. COP also specializes in system integration capabilities, including power-to-x. COP’s expert team is advancing projects across 15 offices in Europe, Asia Pacific, and the Americas. COP is a proudly independent company owned by its management. Learn more at www.cop.dk 

Zhong Neng Offshore Wind Farm Completes Construction in Taiwan

Posted on: September 5th, 2024 by Anna Ladócki No Comments

September 5, 2024 — Taipei, Taiwan and Copenhagen, Denmark:   

Yesterday, the Zhong Neng Offshore Wind Farm was inaugurated in Taiwan, marking completion of construction activities which represent a total installed capacity of 300 MW. Copenhagen Offshore Partners (COP), a global leader in offshore wind development and construction, has lead project development activities for Zhong Neng on behalf of the project’s owners, a joint venture including majority owner Copenhagen Infrastructure Partners (CIP) through its CI IV Fund and China Steel Corporation. COP is the exclusive offshore wind developer for CIP. 

Zhong Neng is the first offshore wind farm in Taiwan to be completed ahead of schedule and is the second offshore wind farm completed in Taiwan this year by COP and CIP, following the inauguration of the 600MW Changfang & Xidao project. 

Zhong Neng is located 17 kilometers off the coast of Changhua County in Taiwan and consists of 31 turbines and foundations. When fully operational, Zhong Neng will generate enough renewable energy to power approximately 300,000 local households and will deliver an annual expected CO2 reduction of 550,000 tons. The project meets the highest localization requirements in the history of Taiwan’s offshore wind power. 

Zhong Neng received local content plan approval from the Taiwan government in November 2019 and the first turbine was installed in May 2024. Full grid connection is expected by year-end. 

Zhong Neng is not only developed with the participation of a local company but also bears the highest localization requirements among wind farms in Taiwan,” said COP Vice President and Zhong Neng CEO Joris Hol. “In this emerging industry environment, the successful completion of the project is due to the dedicated efforts of the Zhong Neng team and the close collaboration of all suppliers throughout the process. Together, they overcame numerous challenges, broke through manufacturing bottlenecks, accelerated the learning curve, and successfully navigated the harsh and ever-changing offshore working conditions, pushing the project forward steadily and safely. 

“This milestone is more than just a construction achievement; it symbolizes both COP and CIP’s continued commitment to renewable energy development and the energy transition in Asia,” said Jesper Krarup Holst, Partner and Head of APAC at COP. “The success of Zhong Neng underscores the potential of offshore wind in addressing global energy needs and sets a benchmark for future projects in the region.” 

COP and CIP have been committed to offshore wind in Taiwan and have invested significantly in developing Taiwan’s offshore wind projects, supply networks and fostering a strong industry ecosystem. On behalf of CIP, COP is leading development for three offshore wind projects in Taiwan with a combined capacity of approximately 1,400 MW: Changfang & Xidao (600MW), Zhong Neng (300MW), and Fengmiao (500MW). 

 

About Copenhagen Offshore Partners   

Copenhagen Offshore Partners (COP) is a world leader in offshore wind project origination, development, and construction. COP is accelerating the energy transition through development of a 50+ GW project portfolio. An industry pioneer, the group is leading project development in new markets, including four projects recently completed or currently under construction – Changfang and Xidao and Zhong Neng in Taiwan, Vineyard Wind 1 in the United States and Jeonnam 1 in Korea. COP also specializes in system integration capabilities, including power-to-x. COP’s expert team is advancing projects across 17 offices in Europe, Asia Pacific, and the Americas. COP is a proudly independent company owned by its management. Learn more at www.cop.dk 

 

About Copenhagen Infrastructure Partners  

Founded in 2012, Copenhagen Infrastructure Partners P/S (CIP) today is the world’s largest dedicated fund manager within greenfield renewable energy investments and a global leader in offshore wind. The funds managed by CIP focus on investments in offshore and onshore wind, solar PV, biomass and energy-from-waste, transmission and distribution, reserve capacity, storage, advanced bioenergy, and Power-to-X.  

CIP manages 12 funds and has to date raised approximately EUR 28 billion for investments in energy and associated infrastructure from more than 160 international institutional investors. CIP has approximately 500 employees and 12 offices around the world. For more information, visit www.cip.com    

Zhong Neng Offshore Wind Project in Taiwan Delivers First Power

Posted on: June 26th, 2024 by Anna Ladócki No Comments

26 June, 2024 Copenhagen, Denmark and Taipei, Taiwan:

Today it was announced that the Zhong Neng offshore wind farm has achieved a significant milestone and delivered first power. Copenhagen Offshore Partners (COP), a global leader in offshore wind development and construction, has led project development activities for Zhong Neng on behalf of the project’s owners, a joint venture between China Steel Corporation (CSC) and Copenhagen Infrastructure Partners (CIP) through its fund Copenhagen Infrastructure IV (“CI IV”). COP is the exclusive offshore wind development partner to CIP. 

Zhong Neng received local content plan approval from the Taiwanese government in November 2019 and is one of only two offshore wind projects in Taiwan’s offshore wind history to fulfill the highest localization requirements. This includes the CIP-owned and COP-constructed Changfang & Xidao offshore wind project, which was inaugurated this year.  

Installation of the first turbine on Zhong Neng was announced in May 2024, and currently one-third of the planned wind turbines are installed. Completion of all offshore installation work is expected in the third quarter of 2024, followed by full grid connection by year-end. Once fully operational, Zhong Neng will provide clean energy equivalent to the demand of approximately 300,000 Taiwanese homes. 

“The successful delivery of first power from Zhong Neng marks a pivotal moment for Copenhagen Offshore Partners,” said Joris Hol, COP VP and Zhong Neng project CEO. “Our focus now is on completing the installation and grid connection phases efficiently and safely, ensuring that Zhong Neng will soon deliver its full complement of clean energy to thousands of households in Taiwan.” 

“First Power from the Zhong Neng project is a major milestone that has been achieved in less than seven years since the partnership between CIP, CSC and COP was initiated. The project team and our suppliers have shown exemplary collaboration in resolving challenges during the construction phase whilst also building a local supply chain in Taiwan, said Jesper Krarup Holst, Partner and Head of APAC at Copenhagen Offshore Partners.  

 “We are very pleased to have reached this important project milestone in close collaboration with our partner, CSC. The successful delivery of first power demonstrates our joint project execution capabilities and I would like to thank all our partners and congratulate the Zhong Neng team for reaching this landmark,” said Mads Skovgaard Andersen, Partner at CIP. “Zhong Neng achieving first power and last month’s inauguration of Changfang-Xidao are both significant contributions to Taiwan’s energy transition.” 

Since entering Taiwan in 2017, CIP and COP have been committed to unleashing offshore wind in the country. CIP has invested significantly in developing Taiwan’s offshore wind projects, supply networks and fostering a strong industry ecosystem. Together, CIP, COP, and other partners have developed three offshore wind projects in Taiwan with a combined capacity of approximately 1,400 MW: Changfang & Xidao (600MW), Zhong Neng (300MW), and Fengmiao (500MW).  

 

About Copenhagen Offshore Partners (COP) 

Copenhagen Offshore Partners (COP) is a world leader in offshore wind project origination, development, and construction. COP is accelerating the energy transition through development of a 50+ GW project portfolio. An industry pioneer, the group is leading project development in new markets, including four projects recently completed or currently under construction – Changfang and Xidao and Zhong Neng in Taiwan, Vineyard Wind 1 in the United States and Jeonnam 1 in Korea. COP also specializes in system integration capabilities, including power-to-x. COP’s expert team are advancing projects across 17 offices in Europe, Asia Pacific, and the Americas. COP is a proudly independent company owned by its management. Learn more at www.cop.dk 

 

About Copenhagen Infrastructure Partners (CIP)

Founded in 2012, Copenhagen Infrastructure Partners P/S today is the world’s largest dedicated fund manager within greenfield renewable energy investments and a global leader in offshore wind. The funds managed by CIP focus on investments in offshore and onshore wind, solar PV, biomass and energy-from-waste, transmission and distribution, reserve capacity, storage, advanced bioenergy, and Power-to-X. 

CIP manages 12 funds and has to date raised approximately EUR 28 billion for investments in energy and associated infrastructure from more than 160 international institutional investors. CIP has approximately 500 employees and 12 offices around the world. For more information, visit www.cip.com