German energy company innogy has partnered with Asia Cement Corporation to further develop an offshore wind project off the coast of Taiwan.
The Chu Feng offshore wind project is expected to be part of the next grid allocation round in Taiwan.
Innogy Renewables Operations Offshore senior vice-president Sven Utermöhlen said: “The government has plans to considerably increase the role of offshore wind energy in Taiwan’s electricity production.
“The Chu Feng project will enable us to enter this growing market with a strong local partner at our side, whose local expertise complements our global experience and technical know-how, and who share our ambition to drive the growth of offshore wind in Taiwan.”
With a planned installed capacity of 448MW, Chu Feng offshore wind project will be developed off the northwest coast of Taiwan near Hsinchu City.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDatainnogy anticipates that Chu Feng offshore wind project would provide a platform to the company to further establish its presence in the field of offshore wind.
In 2018, the company opened its office in Taipei to boost its business in the country.
Chu Feng Preparatory Office CEO Henry Wu said: “We are pleased that innogy, with their extensive offshore wind experience, are on board with us in the development of the Chu Feng offshore wind project.
“The Far Eastern Group is committed to develop green energy to reduce our carbon footprint and support the government in meeting its renewable energy targets and have ambitions to grow our wind power business in Taiwan.”
