Northland Power Signs Long-Term Corporate Power Purchase Agreement for Hai Long Offshore Wind Project

Northland Power Inc. announced the signing of a long-term Corporate Power Purchase Agreement (CPPA) with Taiwan Semiconductor Manufacturing Company (TSMC) for additional power from its Hai Long offshore wind project in Taiwan.

The Hai Long Project is being constructed by Northland (30.6%) jointly with Mitsui & Co. (40%) and Gentari International Renewables Pte. Ltd (29.4%). The project is located approximately 45 – 70 km off the Changhua coast in the Taiwan Strait and consists of three offshore wind sites, the 294 MW Hai Long 2A, the 224 MW Hai Long 2B, and the 504 MW Hai Long 3, with a combined gross capacity of 1,022 MW.

The newly signed 30-year agreement expands the long-term collaboration with TSMC that began in 2022 and already includes the Hai Long 2B and Hai Long 3 phases. Once the required administrative steps are finalized in 2026, Hai Long 2A will transition to this new CPPA, resulting in TSMC purchasing the entire electricity output of the project.