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All turbines installed at Taiwan's 1st commercial offshore wind park

The Formosa I offshore wind park in Taiwan. Source: Swancor

October 9 (Renewables Now) - Taiwan’s Swancor announced today the completion of turbine installation for the second phase of the 128-MW Formosa I offshore wind project.

The wind park now comprises two 4-MW turbines installed as part of Phase I in October 2016 and the newly-erected 20 units of 6-MW Siemens Gamesa machines. The production of first power by Phase II was announced by project partner Ørsted A/S (CPH:ORSTED) a month ago. The entire wind farm is expected to be commissioned by the end of the year.

Formosa I is Taiwan’s first commercial offshore wind farm and has the capacity to power some 128,000 homes a year, Swancor said.

In addition to Swancor, which has a 7.5% stake, and Ørsted with 35%, the other investors behind the project are Macquarie Group Ltd (ASX:MQG) with 25% and JERA Co with 32.5%.

Also on Wednesday it was announced that JERA has agreed to take a 49% stake from Macquarie in the 376-MW Formosa II offshore wind project.

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Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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