Lightsource and Green Rock Energy to codevelop 150 MW Solar project in Taiwan
Lightsource BP has partnered with Green Rock Energy to develop a 150 MW photovoltaic project co-locating solar with aquaculture in Taiwan.
The 150 MW Budai solar project will be one of the largest fishery solar farms in Taiwan, creating 750 employment opportunities during construction, which is expected to commence in June 2023. Once constructed, the project will produce 210,000 MWh of renewable electricity per year, enough to power roughly 43,000 homes and save 133,770 tonnes of CO2 emissions annually.
The project gives equal consideration to clean energy, and ecological and economic development.
Country news
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April 26, 2022
Commercial operation starts for the largest Offshore wind farm in Taiwan
Ørsted has announced the successful delivery of the first power from the Greater Changhua 2a Offshore Wind Farm.
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May 12, 2021
Siemens Gamesa to deliver turbines for 1,044 MW Offshore wind farms in Taiwan
Siemens Gamesa has been selected as the preferred supplier of turbines for the development of the 1,044 MW Hai Long Offshore Wind Project (Hai Long) in Taiwan
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May 05, 2021
Total acquires 23% stake in 640 MW Offshore wind farm in Taiwan
Total has signed an agreement with wpd to acquire a 23% interest in Yunlin Holding GmbH, the owner of Yunlin offshore wind farm located off the coast of Taiwan, around 200 kilometers southwest of Taipei.
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February 19, 2021
Macquarie raises EUR1.6 billion for Renewable Energy Fund
Macquarie Infrastructure and Real Assets (MIRA) has raised more than EUR1.6 billion (USD1.93 billion) for investment in renewable energy with the final close of Macquarie Green Investment Group Renewable Energy Fund 2 (MGREF2) – exceeding its initial minimum fundraising target of EUR1 billion (USD1.2 billion).
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January 11, 2021
CPDQ and Cathay PE acquire 50% stake in 605 MW offshore wind farm in Taiwan
Ørsted has signed agreements with a consortium comprising global institutional investor Caisse de dépôt et placement du Québec (CDPQ), and Taiwanese private equity fund Cathay PE, who will be acquiring a total of 50 % ownership share of Ørsted’s 605 MW Greater Changhua 1 Offshore Wind Farm in Taiwan. CDPQ will be the majority owner among the two new partners.
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