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Financing secured to complete Taiwan’s 640 MW Yunlin OWF

Wednesday, August 30 2023

Wind Energy – Yunlin Taiwan

Skyborn Renewables, and its partners in Yunneng Wind Power Co., TotalEnergies, Electricity Generating Public Company (EGCO) and Sojitz Corporation (Sojitz), have successfully secured an extended financing agreement to complete the construction of the 640 MW Yunlin offshore wind farm project in Taiwan.

“This is a major milestone for the Yunlin project and the offshore wind industry in Taiwan. It demonstrates our commitment to Taiwan’s clean energy transition and underlines our project management capability,” said Thomas Karst, CEO of Skyborn.

Commenting on the progress of the project, Karst added: “Thanks to the good cooperation of all stakeholders and the tenacity and dedication of the project team, the 2023 installation campaign is well on track and preparations for the 2024 installation campaign are almost completed.”

The Yunlin offshore wind farm project is a key priority for Skyborn and its partners. Electricity from the project is provided to Taipower under two 20-year power purchase agreements.

The Yunlin offshore wind farm project is located in the Taiwan Strait, between 8 and 17 kilometers off the west coast of Taiwan, in water depths ranging from 7 to 35 meters.

The 82 km² project area consists of 80 wind turbine generators whose generated electricity is fed into the Taiwanese power grid via two onshore substations near the townships of Taixi and Sihu in Yunlin County.

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Filed Under: Finance, General, International News, Taiwan, Yunlin Tagged With: Finance, Skyborn, taiwan, Yunlin

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