Formosa 1, Taiwan’s first offshore wind farm, reached financial close on the 8th of June 2018. A financial consortium of eleven international and local Taiwanese banks as well as EKF, Denmark’s Export Credit Agency has completed this NT$18.7bn 16-year project financing. It is the first project financing in the Taiwanese offshore wind industry.
Massachusetts‘ Department of Energy Resources (DOER) today announced the outcome of its 83C solicitation for the state’s first offshore wind farm. Bay State Wind – a 50-50 joint venture between Ørsted and Eversource – was not selected for contract negotiations.
Following a thorough and comprehensive grid allocation process, Taiwan's Ministry of Economic Affairs has awarded Ørsted the right to connect 900MW offshore wind capacity to Taiwan's power grid with the following projects: Changhua 1 with a capacity of 605MW and grid connection in 2021 and Changhua 2 with a capacity of 295MW and grid connection in 2021
Ørsted has today announced it will build and operate a 20MW battery storage project near Liverpool in the UK.
Good Energy Group PLC, an established UK clean energy company, has renewed an agreement with us to source offshore wind power for its customers for a further two years.
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