Changhua 1 and 2a Offshore Wind Farm in Taiwan Gets Financial Green Lights

Wind Industry Profile of

Ørsted’s Board of Directors has taken the final investment decision (FID) on the Changhua 1 and 2a offshore wind farm in Taiwan.

Prior to the FID, Taiwan’s Ministry of Economic Affairs approved Ørsted’s local supply chain plan, and subsequently Ørsted has signed a power purchase agreement (PPA) with Taipower at the feed-in-tariff level announced on 30 January 2019. Changhua 1 and 2a will be located 35-50 kilometers off the coast of Changhua County and will have a capacity of... ... More: Official Press Release Ørsted

Keywords:

Ørsted, Taiwan, wind farm, investment decision, Changhua, offshore, investment, installation