Lightsource BP has secured TWD 6 billion (US$ 200 million) of financing for a 115 MWp fishery solar project in Chiayi County, Taiwan.
Construction for Project Budai is scheduled to commence in June 2025. Upon completion, it is anticipated to become one of Taiwan’s largest aquavoltaic solar farms, generating around 180 GWh of clean energy annually. Funding for the project has been secured from a consortium of both Taiwanese and international investors. GreenRock Energy will oversee project development, manage aspects of fishery operations, and handle certain subcontracted construction tasks. Meanwhile, Shihlin Electric & Engineering Corporation (SEEC) has been appointed to deliver the full engineering, procurement, and construction (EPC) package, with completion targeted for 2026.
Financing for the projects was secured from Bank SinoPac Company Limited, Crédit Agricole Corporate and Investment Bank, Taipei Branch, CTBC Bank Co., Ltd, DBS Bank (Taiwan) Ltd, KGI Bank Co., Ltd., and MUFG Bank, Ltd., Taipei Branch.
Country updates
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April 16, 2025
Orsted installs first foundation at Changhua 2b&4 offshore wind farms in Taiwan
Orsted has completed the installation of the first suction bucket jacket foundation for the 920MW Greater Changhua 2b and 4 offshore wind farms in Taiwan. Heerema Marine Contractors’ heavy lift...
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April 03, 2025
US$ 238 million credit guarantee to support construction of 495 MW Fengmiao 1 offshore wind farm
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March 26, 2025
Financial close reached for 495 MW Offshore wind farm in Taiwan
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March 24, 2025
Shinfox Far East Energy installed first jacket foundation for 300 MW offshore wind farm in Taiwan
Shinfox Far East Energy has installed the first jacket foundation for a 300 MW Taipower Offshore Wind Farm Phase 2 (TPC-II) located about 20 km off the coast of Changhua County, Taiwan. The ...
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March 03, 2025
TotalEnergies and Partners Inaugurate 640 MW Yunlin Wind Farm in Taiwan
TotalEnergies and its partners announced the successful inauguration of the 640 MW Yunlin offshore wind farm located about 15 km off the west coast of Taiwan, at water depths of up to 35 meters....
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