Synera Renewable Energy Group (SRE), an offshore wind developer in the Asia-Pacific region, announced that its Formosa 6 Offshore Wind Project (Formosa 6) in Taiwan has entered into a corporate power purchase agreement (CPPA) with Star Trade, an international power services and energy management provider.
The agreement follows a CPPA signed with Star Trade for Formosa 4 in late 2025, further deepening collaboration between the companies.
With Formosa 6 added, Star Trade has now contracted more than 10 per cent of the two projects’ combined capacity, reflecting robust corporate demand for long-term green electricity supply and the growing role of offshore wind in meeting that demand.
Formosa 6, awarded 800 MW in the second auction round of Taiwan’s Phase 3 Zonal Development in 2024, is SRE’s fourth offshore wind project in Taiwan.
The agreement comes as governments place greater emphasis on energy security amid a rapidly evolving global political and economic landscape, with renewable energy increasingly viewed not only as an environmental priority, but as a strategic asset for strengthening energy security and economic resilience.
''With Formosa 4’s capacity fully subscribed late last year, we are pleased to see Formosa 6 reach an important milestone with this CPPA. Backed by steadfast shareholder support, SRE has remained committed to developing, constructing, and operating offshore wind farms in Taiwan for many years,'' Lucas Lin, Chairperson at SRE, said.
''That long-term commitment extends beyond our own sustainability ambitions. We work to help green power drive sustainable development by bringing together green electricity supply and market demand. Through our expanded partnership with Star Trade, we can help more businesses in Taiwan access the green electricity they need while supporting the country’s energy transition.''
Formosa 6 is SRE’s first offshore wind project in central Taiwan. Located approximately 35 kilometers off the coast of Xianxi Township, Changhua County, the project covers an area of around 84 square kilometers.
Once operational, the wind farm is expected to generate enough clean electricity to power approximately 860,000 households annually, contributing to Taiwan’s energy resilience.