Danish power company Ørsted has officially inaugurated Taiwan’s first commercial offshore windfarm Formosa 1.
The 128MW windfarm is a joint venture (JV) project of Ørsted (35%), JERA (32.5%), Macquarie Capital (25%) and Swancor (7.5%).
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
It is the first offshore wind project in the Asia-Pacific region for Ørsted, which worked with its partners to secure the project finance of NT$18.7bn ($612m) to build the windfarm.
Ørsted Offshore CEO Martin Neubert said: “Ørsted built the world’s first offshore windfarm in Denmark over 28 years ago. Since then, Ørsted has constructed more than 25 offshore windfarms.
“We’re proud to inaugurate the very first commercial-scale offshore windfarm in Taiwan and the Asia-Pacific region. We’re glad that Ørsted can contribute to Taiwan’s energy transition, which is also a significant step for Ørsted in realising our vision to create a world that runs entirely on green energy.”
Located off the coast of Miaoli County, Formosa 1 was built in two phases. The first phase saw the installation of two Siemens Gamesa 4MW wind turbines in October 2016 and was officially commissioned in April 2017.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataIn the second phase, 20 wind turbines provided by Siemens Gamesa with a 6MW capacity were installed at the site.
Formosa 1 will generate enough clean energy to meet the energy requirements of 128,000 households in Taiwan.
Ørsted Asia-Pacific president and chairman of Formosa 1 Matthias Bausenwein said: “Today is a historic moment for all who participated in the Formosa 1 project. All the intensive efforts invested together with our joint venture partners, local authorities, financial institutions and stakeholders have flourished.
“Formosa 1 marks the first milestone for Ørsted’s expansion in Asia-Pacific. With this successful first step, we’re confident that Ørsted will continue to lead the growth of offshore wind in Asia.”
