P&O backs offshore wind development in Taiwan | ZAWYA MENA Edition

  • Date: 26-Oct-2020
  • Source: Zawya
  • Sector:Economy
  • Country:UAE
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P&O backs offshore wind development in Taiwan | ZAWYA MENA Edition

Dubai-based P&O Maritime Logistics, a marine solutions and logistics company, has secured a series of contracts worth over $30 million that will see three vessels operating in Taiwan's emerging offshore wind market from early 2021.The future of the offshore market involves a significant diversification into renewable energy and these contracts represent the latest commitment made by P&O Maritime Logistics in support of the company's wide-ranging renewable energy strategy.As part of a continuing shift towards green energy, Taiwan has invested in wind technology that aims to deliver 5.7 GigaWatt in output by 2025.P&O Maritime Logistics will assist Taiwan's wind development by providing three OSVs operating across different projects.The Topaz Installer, a cable-lay vessel, will be utilised in shore-to-sea and inter-field cable arrays for clients Subsea 7 and Van Oord until 2024.