Taiwan Awards Further 1,664MW of Offshore Wind Capacity

Taiwan’s Ministry of Economic Affairs has awarded further 1,664MW of offshore wind capacity to four wind farms which are part of two larger projects.

Image for illustrative purposes only. Source: Ørsted

Ørsted was awarded 920MW capacity for its two offshore wind sites in the Changhua region. Ørsted now has a total offshore wind pipeline in Changhua of 1,820MW, including the 900MW which were awarded to the company in April.

The two Hai Long offshore wind projects with a combined capacity of 744MW were also selected in this round. The ministry awarded 232 MW to the Hai Long 2, and 512MW to the Hai Long 3 offshore wind farm. The Hai Long project is being developed by Northland Power, Yushan Energy and Mitsui. The developers secured 300MW capacity for the project in the April auction.

The bid prices for the four projects ranged from TWD 2,224.5/MWh to TWD 2,548/MWh (EUR 63.03/MWh to EUR 72.24/MWh).

Following this tender round, Taiwan has met its goal of awarding 5.5GW of offshore wind capacity to be developed by 2025.