EnergyWatch

Ørsted locks into Taiwan engagement

After having stood firm ground in the struggle with Taiwan's authorities and their feed-in-tariff rate reduction, the Danish wind major is now leaving competitors in the dust, announcing itself ready to begin construction on the Changhua facility in May.

Photo: Ørsted

The first two stages of Ørsted's Taiwanese offshore wind farm Greater Changhua are now unambiguously firm. Tuesday, the Danish energy company made its final investment decision for Changhua 1 and 2a, with a combined effect of 900 MW, Ørsted informs in a stock exchange notice.

"Over the last couple of months, we have been working intensively to obtain establishment permit, renegotiate contracts, get our supply chain plan approved and sign the power purchase agreement. Thanks to a close and strong collaboration with our supply chain partners, Taipower and decision-makers in Taiwan, we have achieved all these milestones," writes Martin Neubert, executive vice president and chief executive of Offshore at Ørsted in the statement, adding:

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