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Taiwan Inaugurates Offshore Wind Farm With Big Japanese Stake

  • Writer: By The Financial District
    By The Financial District
  • May 18, 2023
  • 1 min read

Taiwan leader Tsai Ing-wen on Tuesday, May 16, 2023, inaugurated a major offshore wind farm, built with a Japanese stake, moving a step closer toward her government's 2050 net-zero emissions pathway, Kyodo News reported.


Photo Insert: The Formosa 2, the island's third offshore wind farm located in Houlong in northwestern Taiwan's Miaoli County, has 47 wind turbines with a total capacity of 376 megawatts.



The Formosa 2, the island's third offshore wind farm located in Houlong in northwestern Taiwan's Miaoli County, has 47 wind turbines with a total capacity of 376 megawatts to power the equivalent of approximately 380,000 households per year.


Japanese energy company JERA Co., a joint venture between Tokyo Electric Power Company Holdings Inc. and Chubu Electric Power Co., holds a 49 percent stake in the project.



"Today, everyone witnessed the milestone of the development of renewable energy," Tsai said at a ceremony to mark the inauguration.


The Formosa 2 is the first wind farm to be completed in Taiwan after the COVID-19 pandemic.


JERA Global CEO Yukio Kani said his company is committed to achieving net-zero carbon dioxide emissions by 2050 and vowed to work with partners and local governments to gain an understanding of the local community among other stakeholders.





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