Cadeler Signs Firm Contract for WTG Installation at the Formosa 4 Offshore Wind Farm in Taiwan

Cadeler announced that it has signed a firm contract with Synera Renewable Energy (SRE) for the transportation and installation (T&I) of 35 Siemens Gamesa 14MW wind turbines at the Formosa 4 Offshore Wind Farm in Taiwan.

The project will be executed by one of Cadeler’s next-generation M-class wind turbine installation vessels. The T&I operations are set to commence in March 2028 and will last approximately 150 days. The revenue from this contract to Cadeler is projected to be between EUR 70 and 80 million. The signing of a firm contract covering part of the work outlined in the reservation agreement, Cadeler announced in September 2024, which secured two offshore wind projects in the area. Formosa 4, situated 18 to 20 kilometres off Miaoli County’s coast, will cover 58 square kilometres, with turbines installed at depths ranging from 57 to 64 metres. Once operational, the wind farm will deliver 495 MW of renewable offshore energy, making a substantial contribution to Taiwan’s green energy capacity.