Ørsted takes final investment decision for Greater Changhua 2b and 4

Wind Industry Profile of

Ørsted has taken the final investment decision (FID) on its 920 MW Greater Changhua 2b and 4 offshore wind farms in Taiwan with a timeline for completion by the end of 2025.

The 920 MW grid capacity of Greater Changhua 2b and 4 was awarded in June 2018 in Taiwan’s first competitive price-based auction with no mandatory local content requirements. Ørsted subsequently secured long-term revenues for the projects by signing a corporate power purchase agreement (CPPA) in July 2020 with Taiwan Semiconductor Manufacturing Company Limited (TSMC), which is the largest-ever contract of its kind in renewable energy.  Greater... ... More: Official Press Release Ørsted

Keywords:

Ørsted, Taiwan, offshore, wind farm, Final Investment Decision, FID, Greater Changhua, completion, Asia