Our Business / Investment ProjectsFormosa 1 Offshore Wind Power IPP
Formosa 1 Offshore Wind IPP Project
JERA acquired an equity interest in the Formosa 1 offshore wind power project, located off the north-western coast of Taiwan. It consists of 22 fixed-bottom offshore wind power generators and began operations in April 2017.
The 128MW Formosa 1 project represents Taiwan’s first utility-scale offshore wind farm. The first phase of 8MW has been successfully operated since April 2017, with the additional 120MW under construction expected to start operations in late 2019. The project has secured the support of Taiwan Power Company under a 20-year Power Purchase Agreement based on the FIT (Feed in Tariff) scheme.
|Phase 1||Phase 2|
|Company Name||Formosa I Wind Power Co., Ltd.|
|Generation Type||Offshore Wind Power Generation|
|Number of Generators||2 Units||20 Units|
|Commercial Operation Date||April 2017||By end of 2019|
|Investors||Investors JERA, Ørsted A/S, Macquarie, Swancor|