trending Market Intelligence /marketintelligence/en/news-insights/trending/y1s6PRn_7bj2j-AQQLKZtQ2 content esgSubNav
In This List

Formosa 1 offshore wind project in Taiwan starts commercial operation

Blog

Insight Weekly: M&A outlook; US community bank margins; green hydrogen players' EU expansion

Blog

Research Brokers Accelerate Their Coverage of Electric Vehicles

Blog

SEC Climate Disclosure Requirements Heating Up: How to Take Action

Blog

Insight Weekly: US bank M&A; low refinancing eases rates impact; Texas crypto mining booms


Formosa 1 offshore wind project in Taiwan starts commercial operation

Japan's JERA Co. Inc. on Jan. 6 announced that the Formosa 1 offshore wind project in Taiwan started commercial operation Dec. 27, 2019.

Formosa 1 is situated about 2 km to 6 km off the coast of Miaoli County and have a total capacity of 128 MW. The first phase of the project, which represents a capacity of 8 MW, began operation in April 2017, while the second phase representing a capacity of 120 MW started construction in June 2018.

The project is 35% owned by Ørsted A/S, 32.5% by JERA, 25% by Macquarie and 7.5% by Taiwanese firm Swancor Renewable Energy Co. Ltd.