Offshore wind farms in Taiwan

Under the terms of the agreement, signed by SeaEnergy PLC’s subsidiary SeaEnergy Renewables Limited, the companies will work on a variety of projects, commencing with the Changhua Offshore Windfarm which it is planned will have an installed capacity of up to 600MW. Combining SeaEnergy Renewables’ offshore development expertise with TGC’s pipeline of projects, local knowledge and experience, the partners will jointly plan, construct and operate offshore windfarms in Taiwan.

TGC manage a portfolio of diversified energy projects, such as Independent Power Purchase (IPP) projects, geothermal energy and captive co-generation. Throughout its span of development, TGC has transformed itself into a clean, renewable energy developer by pioneering the development of offshore wind power projects along the west coast of Taiwan. Combining the scope of TGC’s pipeline offshore wind projects, the total installed capacity is to reach up to 1.7 GW. The Changhua Offshore Windfarm will be located in the Taiwan Strait off Changhua county on the West Coast of Taiwan, about 2.5 to 10 km from shore in water depths up to 30m. The windfarm will initially be jointly owned by the parties, and may in the future, include other strategic investors as the development progresses. The Agreement provides SeaEnergy with the right to retain a 25% interest in the windfarm developments.