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November 26, 2021

Miaoli Zhunan Formosa, Taiwan

By Carmen

Miaoli Zhunan Formosa is a 128MW offshore wind power project. The project is located in Taiwan Strait, Miaoli County, Taiwan. The project is currently active. It has been developed in multiple phases. The project construction commenced in 2016 and subsequently entered into commercial operation in April 2017.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Offshore 128 128 Active Miaoli County, Taiwan Formosa I Wind Power

Description

The project was developed by Formosa I Wind Power. Orsted, JERA, Macquarie Corporate Holdings, Stonepeak Infrastructure Partners and Swancor Holding are currently owning the project having ownership stake of 35%, 32.5%, 25%, 7.13% and 0.37% respectively.

The wind turbines in the Miaoli Zhunan Formosa Phase IA are installed on fixed foundations. An array of jacket foundations feature in the phase.

The wind turbines in the Miaoli Zhunan Formosa Phase IB are installed on fixed foundations. An array of monopile foundations feature in the phase.

The Tubular Steel towers installed at the Miaoli Zhunan Formosa (Miaoli Zhunan Formosa Phase IA), site are 90m high.

Development Status

The project is currently active. The project construction commenced in 2016 and subsequently entered into commercial operation in April 2017.

Power Purchase Agreement

The power generated from the project is sold to Taiwan Power under a power purchase agreement. The power is sold at the rate of $0.191kWh for a period of 20 years.

Contractors Involved

Miaoli Zhunan Formosa (Miaoli Zhunan Formosa Phase IA) is equipped with Siemens Gamesa Renewable Energy SWT-4.0-120 turbines. The phase consists of 2 turbines with 4MW nameplate capacity.

Miaoli Zhunan Formosa (Miaoli Zhunan Formosa Phase IB) is equipped with Siemens Gamesa Renewable Energy SWT-6.0-154 turbines. The phase consists of 20 turbines with 6MW nameplate capacity.

Siemens Gamesa Renewable Energy is the O&M contractor for the Miaoli Zhunan Formosa (Miaoli Zhunan Formosa Phase IA). The operation and maintenance contract commenced from 2017, for a period of 10 years.

Siemens Gamesa Renewable Energy is the O&M contractor for the Miaoli Zhunan Formosa (Miaoli Zhunan Formosa Phase IB) for a period of 15 years.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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