The Formosa 2 Offshore Wind Farm project is being jointly developed by Macquarie's Green Investment Group (75%) and Swancor Renewable Energy (25%). Once Formosa 2 has been completed, the wind farm will provide 376MW of green electricity to supply power to approximately 380,000 households.
Formosa 2 is committed to localization and has been working closely with local consultancies, including Unitech, CECI and Sinotech, on tasks such as obtaining permits and on-shore electrical system concept design.Formosa 2 has also cooperated with NCKU, NTOU, NTU and other universities to conduct site survey and analysis for planning.
To promote talent localization in the wind power industry, the “Formosa 2 offshore wind expertise program” which was jointly developed by Formosa 2 and National United University started enrollment in 2018. Formosa 2 will also set-up marine mammal observer training program for local fishermen.
The project consists of two licensed areas awarded by the Taiwanese Bureau of Energy and has successfully passed the System Impact Analysis (SIA) with Taiwan Power Company YingPan substation, the Environmental Impact Assessment (EIA) process, the Establishment Permit (EP) process with approval from the Ministry of Economic Affairs, and has also secured the support of Taiwan Power Company under a 20-year Power Purchase Agreement (PPA).