The pairís inaugural project will be the Changhua Offshore wind farm, which is expected to have a capacity of 600MW. The project will be located between 2.5km and 10km off the west coast of Taiwan, in waters up to 30m deep. SeaEnergy and TGC are not revealing the expected cost of the Changhua development.
The pair will jointly own the projects, and SeaEnergy will have the right to retain a 25% working interest in the wind farms. Taiwan is targeting an installed renewable energy capacity of 8.5GW by 2025. The countryís government claims its coasts have the potential to support more than 3GW of wind energy capacity. Taiwan is expected to announce a feed-in tariff early next year.
In March, SeaEnergy joined up with EDP Renovaveis to bid for offshore wind farm leasing rights from the UKís Crown Estate.
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