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(Yicai) Aug. 31 -- Dajin Heavy Industry, a Chinese wind power equipment maker, said it has delivered half of the order for standalone piles to the United Kingdom’s Moray West offshore wind energy project.
Dajin Heavy has delivered 24 of the 48 ultra-large standalone piles for the project, as the third boatload recently reached the Scottish port of Invergordon, the Beijing-based firm said yesterday, adding that the fourth batch of eight piles is being loaded onto vessels.
With a maximum diameter of 10 meters and a plate sickness of 115 millimeters, the standalone piles are among the biggest of their kind, the firm noted. All of the project's piles are made at Dajin Heavy's ocean engineering equipment base in Penglai in China's Shandong province.
With an installed capacity of 882 megawatts, the Moray West offshore wind farm, based in Scotland's Moray Firth inlet, will generate enough clean energy to power 640,000 UK households.
Dajin Heavy is the only non-European supplier of ultra-large standalone piles able to meet European standards and ensure the project proceeds smoothly, the firm said.
The Moray West project, which was Dajin Heavy's first overseas deal, will boost the company's financial performance this year, it said. Moreover, with the other overseas orders that will follow Moray West, the share of gross profit margin from its ocean equipment business to the total will increase.
After landing the Moray West order last year, Dajin Heavy became the supplier to the world's biggest offshore wind power project, the Dogger Bank in the UK, as well as that of France's Iles D'Yeu et Noirmoutier offshore wind farm.
Dajin Heavy announced last November that it would join hands with Empire Engineering, a UK wind power engineering technology services provider, to expand in the Chinese and European wind power markets.
Dajin Heavy's shares [SHE: 002487] ended flat at CNY24.67 (USD3.38) apiece in Shenzhen today.
Editor: Futura Costaglione