Ezion Holdings Limited, a Singapore-based provider of liftboats and service rigs has entered into a strategic cooperation agreement with a Chinese state-owned enterprise to support offshore wind projects in China.
Under the agreement, Ezion will support the unnamed state-owned company by using its service rigs for loading, construction, transportation and installation of wind turbines. In addition, Ezion will also provide the relevant technical expertise required for the construction and installation of wind turbine foundations.
The Chinese state-owned enterprise is part of a central enterprise power generation corporation under supervision of the State-owned Assets Supervision and Administration Commission of the State Council of China, Ezion explained.
The enterprise will be responsible for the engineering, procurement and construction, as well as the operations and maintenance, of an entire offshore wind power project.
China has set a target of 5GW of installed offshore wind capacity by 2015 and 30GW by 2020 in its current 5-year plan. As the target has yet to be met, it is expected that the number of offshore wind power installation projects in China will increase over the next few years, Ezion highlighted.