Taiwan Green Power (TGP) and WPD have signed an agreement jointly to develop a 600 MW offshore wind farm off the coast of Changhua, Taiwan.
The two companies will develop site No. 28, which has a planned installed capacity of up to 600 MW and which is expected to be part of the third tender round in Taiwan.
TGP, an offshore wind developer belonging to the Taiwanese LeaLea Group, has already received the EIA approval for the project, which is located in an area with excellent wind conditions, WPD said. “The joint venture … is expected to be the perfect fit as WPD is known as frontrunner for the involvement of local companies in Taiwan and is overperforming with regards to the localization rules,” WPD added in a statement.
The German company added that its second offshore project in Taiwan, the 350 MW Guanyin wind farm, is expected to be installed by 2022. “WPD values long-term partnerships and local footprint. In challenging times this becomes even more important and we are happy to strengthen our ties to Taiwan by introducing new investors to the country and by finding new local alliances. Taiwan will remain our key market in Asia,” said Achim Berge Olsen, COO of WPD AG.