Wind developer Orsted has announced today that it has been awarded 920 megawatts (MW) as part of Taiwan’s first offshore wind auction.
Construction will start in 2025, subject to Orsted obtaining the relevant permits and taking final investment decisions.
Today’s auction takes Orsted to 1820MW, when combined with the 900MW awarded in April as part of a feed-in-tariff set by the Taiwanese government.
Orsted in the largest developer in the country having obtained site exclusivity on four offshore wind sites located between 35 and 60km from the shore of Changhua County.
Martin Neubert, Executive Vice President and CEO of Orsted Wind Power, says: “Following a highly competitive auction process, we’re very pleased with adding further value-creating capacity in Changhua.”
“Today’s results are promising for Taiwan’s transition to renewable energy. 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.”
A total of approx. 1.8GW have now been earmarked for buildout in 2021 and 2025, and the remaining approx. 0.6GW can participate in future auction rounds.
Matthias Bausenwein, General Manager for Ørsted in Asia-Pacific, says: “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.”
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