TECO Electric & Machinery Co., Ltd., as the EPC contractor, broke ground for the onshore substation serving the 500 MW Fengmiao Offshore Wind Farm at Taichung Port.
The project includes the construction of the 500MW offshore wind farm’s onshore substation and related facilities is set to be completed by 2027. Once operational, the wind farm is expected to generate approximately 1.97 billion kWh annually, reducing carbon emissions by 1.176 million tons each year.
Fengmiao Wind Farm’s green electricity has been sold through Corporate Power Purchase Agreements (CPPA) to six companies—Google, Sino-American Silicon Products, Taiwan Mobile, Far EasTone Telecommunications, United Microelectronics Corporation (UMC), and MediaTek—making it Taiwan’s first offshore wind farm to move away from the traditional feed-in tariff model and directly supply multiple corporate users. CIP’s involvement reinforces the project’s ambition. Building on their success with a 900 MW project in the Taiwan Strait, they are fully committed to delivering Fengmiao on time and helping Taiwan meet net-zero targets, including RE100 commitments. With over 70% of project financing sourced from Taiwanese banks, the initiative exemplifies the ethos of being “funded by Taiwan, generated in Taiwan, and used by Taiwanese companies,” supporting both municipal and corporate carbon reduction goals. Architecturally, the substation is being designed in partnership with Pacific Engineering & Constructors and EDS International to include winding pathways, abundant greenery, and open recreational areas. This design not only integrates seamlessly with Taichung’s coastal landscape and culture but also aims to create a symbolic landmark that bridges renewable energy infrastructure with community and environmental harmony.
DNV has successfully acted as Lenders’ Technical Advisor (LTA) for the project financing of Ørsted’s 632 MW Greater Changhua 2 offshore wind farm in Taiwan.
Read moreØrsted has reached financial close for the 632 MW Greater Changhua 2 offshore wind farm in Taiwan.
Read moreSynera Renewable Energy Group (SRE Group) has contracted Taiwan-based Century Wind Power (CWP) to supply wind turbine foundations for its Formosa 4 Offshore Wind Project (Formosa 4). This marks...
Read moreStar Trade, a subsidiary of HD Renewable Energy announced the signing of a power purchase agreement (PPA) with Lightsource bp for the 115 MW fishery solar project located in Chiayi,&nbs...
Read moreLightsource 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 2...
Read more