TotalEnergies announced the inauguration of the Yunlin offshore wind farm with capacity of 640 MW in Taiwan.
TotalEnergies holds a 29.46 percent stake in Yunneng Wind Power, the joint venture for the project. The other stakeholders include Skyborn Renewables with 31.98 percent, EGCO Group with 26.56 percent, and Sojitz with 12 percent.
Skyborn led the development and construction of the Yunlin project. TotalEnergies will take the lead in technical operations management, while Skyborn Renewables will continue to lead other management services.
“The 640 MW project will help us achieve our 2025 targets for 35 GW of gross renewable capacity and over 50 TWh of net electricity production, amounting to 10 percent of TotalEnergies’ energy output,” said Olivier Jouny, Senior Vice President Renewables at TotalEnergies.
In Asia, TotalEnergies owns a renewable energy portfolio (solar, wind, batteries) of over 23 GW gross, across all stages. Of this capacity, 50 percent is already operational or under construction.
Yunlin offshore wind farm is located about 15 kilometers off the west coast of Taiwan, at water depths of up to 35 meters. The project consists of 80 wind turbines, each with 8 MW capacity. The electricity generated is fed into the Taiwanese grid and contracted to Taiwan Power Company (TPC) through two 20-year Power Purchase Agreements (PPAs) at an average rate of $165/MWh.
Yunlin offshore wind farm produces 2.4 TWh of renewable electricity per year, powering over 600,000 Taiwanese households and reducing CO2 emissions by approximately 1.2 million tons.
GreentechLead.com News Desk