SeaEnergy and Taiwan Generations Corporation (TGC) have signed an agreement last week to jointly develop offshore wind farms in Taiwan. According to the announcement, the companies will work on various projects, the first of which will be the Changhua offshore wind farm planned to have up to 600 MW of installed capacity.

Changhua offshore wind farm will be located in the Taiwan Strait, off the Changhua county, on the West Coast of Taiwan. The location is stretches from about 2.5 to 10 km from shore in water depths of up to 30 meters. Initially, the wind farm will be jointly owned by TGC and SeaEnergy, but may include other strategic investors in the future. The agreement, SeaEnergy is guaranteed 25% of working interest in the wind farm developments.

The Taiwan government has set 15% as its target for the use of renewable energy sources by 2025. This represents about 8.5 GW of capacity to be installed in total by 2025. Offshore wind energy potential has been identified as one of the major sources of clean energy, with the government anticipating at least about 3 Gw of offshore development.