Ørsted wins 920MW of offshore wind projects in Taiwan through auction

Danish energy company Ørsted has secured 920MW offshore wind sites in Changhua from Taiwan’s Ministry of Economic Affairs.The Taiwanese Government has awarded the wind sites through an offshore wind auction process.
 
Ørsted Wind Power executive vice-president and CEO Martin Neubert said: “Following a highly competitive auction process, we’re very pleased with adding further value-creating capacity in Changhua.
 
“The outcome of the auction proves once again that when governments commit to ambitious buildout targets and create stable, transparent and good framework conditions, the offshore wind industry will deliver.” With the latest contract, Ørsted currently holds a 1,820MW offshore wind pipeline in Changhua, of which 900MW was awarded to the company in April.Ørsted Asia-Pacific general manager Matthias Bausenwein said: “Ørsted has come to Taiwan and set-up its Asia-Pacific hub here.
 
“We are very happy to see the offshore wind industry in Taiwan mature and to be able to significantly contribute to this development. With the additional projects in 2025, we have a solid pipeline on which we will further strengthen our local presence.”
 
Ørsted has also obtained site exclusivity on four offshore wind sites located between 35km and 60km from the shore of Changhua County and have the capacity to generate 2.4GW of clean energy.The energy company will now focus on obtaining the establishment permit and also sign a power purchase agreement (PPA) with Taipower to secure the feed-in-tariff.
 
Subject to its final investment decision, Ørsted is planning to begin construction in 2023 with commission plans by 2025.