TAIPEI: 16 May 2023
Formosa 2 offshore wind project marks a significant milestone as the first Round 2 offshore wind farm, and the first to be completed after the pandemic in Taiwan, and today (16) held an inauguration ceremony at the Waipu Fishing Port in Miaoli to celebrate the successful construction of the offshore wind farm. With all 47 wind turbine generators (WTGs) installed earlier this year and connected to the grid in March, Formosa 2 is stepping into the operational stage and is fully equipped to supply 376MW of clean energy, supporting Taiwan's green energy transition.

Despite difficult and challenging weather conditions in winter, Formosa 2 successfully installed all 47 x 8MW Siemens Gamesa WTGs on 31 January. By March, all WTGs were commissioned to the grid. Last month, Formosa 2 generated its full capacity of 376MW of clean energy for the first time since it was built. Formosa 2 has been officially inaugurated after all testing work has been settled.

Tiemen Maebe, Project Director of Formosa 2 stated, "This incredible achievement could not have been possible without the unwavering support from our project team, sponsors, financing and supply chain partners, and other stakeholders. We are thrilled that the wind farm is now capable of providing clean power to households and industries in Taiwan, and we remain committed to our goal of promoting a greener future. We will continue to uphold our high standards of health, safety, and environmental performance during the operation and maintenance stage."

Yukio Kani, Global CEO from JERA stated, " It is with great pleasure that we celebrate the successful completion of Formosa 2, our second offshore wind farm in Taiwan. This accomplishment reflects the steadfast commitment, persistence, and courage of the project team, partners, and stakeholders who have persevered through the challenges of the past few years. We extend our sincere gratitude to the exceptional teams and the multitude of partners and stakeholders who have supported the project throughout this journey. It is a privilege to have contributed to Taiwan's energy transition and achieved another significant milestone in our collective efforts towards zero emissions by 2050. "

Mark Dooley, Global Head of Macquarie Asset Management’s Green Investment Group (GIG) said, "We are delighted to deliver two out of three commercial scale operational offshore wind farms in Taiwan, marking another important milestone in Taiwan’s green energy transition. Along with Corio Generation, our dedicated Taipei based team has been working tirelessly to complete this project safely and to high standards. We are proud to continue supporting Taiwan’s renewable energy goals and are committed to accelerating the global transition to net zero. "

Lucas Lin, Chairman of Synera Renewable Energy said, "Formosa 2 is the second offshore wind project we participated in and delivered in Taiwan. With strong support from Stonepeak, we have fully taken our responsibilities as a local developer and played a critical role in pushing forward the project. This hard-won achievement demonstrates our firm commitment to Taiwan’s energy transition and once again strengthens our leading position in the offshore wind market in Asia. We aspire to carry the momentum forward into our neighboring countries, hoping that we can also help the region to achieve net zero. "

Formosa 2 is a joint development project by JERA (49%), Macquarie Asset Management’s Green Investment Group (26%), and Synera Renewable Energy (25%). GIG is supported by its portfolio company, Corio Generation.

Formosa 2 has been dedicated to bringing benefits to the local supply chain and supporting jobs in the offshore wind industry from the very beginning. In addition to its collaboration with the National United University in Miaoli, Formosa 2 has also held an art competition to expand green energy education to local middle and elementary schools, laying a solid foundation for future green talent.

Located between 4 to 10 kilometers off the coast of Zhunan Township, Miaoli County, the wind farm has an installed capacity of 376MW and will generate enough electricity to power the equivalent of approximately 380,000 households, reducing carbon emissions by 700,000 tons per year.



Kelsey Lo | | +886-910-002-081

Scott Lin | | +886 960-507-680

Marcus Wang | | +886 980-297-981