Swancor to Develop 4.4 GW Formosa-4 Offshore Wind Farm in Taiwan

Swancor Renewable Energy, backed by affiliates of U.S.-based Stonepeak Infrastructure Partners, announced plans for developing the 4.4 GW Formosa 4 offshore wind farm project.

The project will be built in three sites:  Formosa 4-1, Formosa 4-2, and Formosa 4-3. These sites cover a large maritime area, located 18 to 20 kilometers off the coast of Miaoli County, Taiwan.

The three sites can generate 4400 MW of energy and could power 4.5 million Taiwan homes upon completion. As per the site conditions, the turbine foundation will be decided later. Currently, both bottom fixed and floating foundations are under consideration.

The developer has filed these projects for the environmental impact assessment with the Taiwan Environmental Protection Agency. Swancor Renewable Energy expects the project to be commercially operational by 2025.

Swancor Renewable Energy is also involved in the development of Formosa 1 and Formosa 2.

Formosa 1:

The total installed capacity of Formosa 1 is 128 MW. The first phase is of 8 MW, and it was commissioned in 2017. The second phase is 120 MW, and it was operational in 2019. This project is located about 2-6 kilometers off the coast of Miaoli County in northwestern Taiwan.

Formosa 2:

The capacity of the project is 376 MW. Once the construction is completed, it will power 380,000 households. The number of turbines needed in this project is 47. The wind farm is located between 4 – 10km off the coast of Miaoli County, covering 68.81 km2 maritime area in northwestern Taiwan.

Formosa 3:

The total installed capacity of Formosa 3 (Haiding) is 2000 MW. The project includes three sites Haiding 1, Haiding 2, and Haiding 3. This project is located 35-60km off the coast of Changhua at County, Taiwan. This project is jointly developed by JERA, GIG, and EnBW, and it still under development. Swancor Renewable Energy is not involved in this project.

Lucas Lin, Chief Executive Officer of Swancor Renewable Energy, noted: "Swancor Renewable Energy has been preliminarily developing Formosa 4 since 2019.  We are excited to support the Taiwan Government's ambitious offshore wind renewable energy target.  Through the development of Formosa 4, we are dedicated to growing the local supply chain and realizing our vision of becoming a regional leader in the renewable energy industry.  We will be leveraging our development experience from Formosa 1 and Formosa 2 with our new portfolio and are looking forward to extending our relationships with the Miaoli County Government and the local stakeholders."

Hsu, Yao-Chang, Miaoli County Magistrate, is supportive of Swancor Renewable Energy's announced development plan, "Miaoli County's unique natural resources make the county the most suitable for the development of offshore wind in Taiwan. Miaoli County is actively developing our local renewable energy supply chain to support the expected development in the region. Swancor Renewable Energy delivered Taiwan's first commercial-scale offshore wind farm, "Formosa 1 Wind Power", and the County Government fully supports Swancor Renewable Energy's continued commitment to Miaoli. We look forward to their continued support of the local marine economy, engagement with local stakeholders and introduction of more offshore wind farms."

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