Swancor Renewable Energy to Develop 4.4GW New Offshore Wind Projects in Taiwan

The development includes three sites: Formosa 4-1, Formosa 4-2 and Formosa 4-3. The sites would cover a large maritime area located 18 to 20 kilometers off the coast of Miaoli County, Taiwan.  The three wind farms combined have a total potential capacity of up to 4.4 GW and would generate enough electricity to power over 4.5 million homes. Currently, both bottom-fixed and floating foundations are under consideration.

The company already led the development of Formosa 1 (128MW) and Formosa 2 (376MW), which are now in operations and in construction, respectively. The Formosa 4 wind farms are planned to go online post-2025.

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 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.”