Ă˜rsted has commenced offshore construction for the Greater Changhua 2b and 4 offshore wind farms in Taiwan. The landmark project – the first offshore wind farms in Taiwan backed by a CPPA – will deliver 920 MWe, significantly contributing to Taiwan’s energy transition goal.
In July 2020, Ă˜rsted signed a 20-year fixed-price corporate power purchase agreement (CPPA) for a corporate customer to offtake the full production of the wind farms.
Since its final investment decision in March 2023, Ă˜rsted has begun the manufacturing of the key components, completed civil work of the onshore substation, and started mobilising vessels to prepare the offshore construction.
The Greater Changhua 2b and 4 offshore wind farms are expected to complete offshore installation by the end of 2025 and be fully connected to the grid in 2026. When they are completed, Ă˜rsted will reach a combined operational offshore wind capacity in Taiwan of nearly 2 GW.
Ă˜rsted currently has 9.9 GW of operational offshore wind capacity installed across three continents, with an additional 8.4 GW of offshore wind under construction.