RWE and Asia Cement Corporation have agreed to jointly develop offshore wind farms off the west coast of Taiwan.
The agreement will see both companies work together to build new projects in the county waters of Hsinchu, Taichung and Changhua.
RWE said that some of the sites will be in water depths suitable for floating offshore wind developments.
The developer added that 9GW of offshore wind capacity in Taiwan is due to be auctioned over the next three years, which has prompted the agreement to be made.
RWE offshore wind APAC President Jens Orfelt said: “RWE is strongly committed to contributing towards Taiwan’s renewable energy targets.
“Thanks to our pioneering work in floating wind, combined with a 20 years’ track record in delivering offshore wind projects – safely, on-time and on budget – RWE is very well placed to supply green electricity from this sustainable energy source.
“Together with our partner ACC we will be investigating several new offshore development projects, which will further strengthen our renewables pipeline in the Asia-Pacific region and lay the foundation for long-term investments in Taiwan.”
ACC’s biggest shareholder is Far Eastern Group which has enterprises spanning across 10 industries including petrochemicals and energy, cement and building materials, financial services as well as sea and land transportation.
Far Eastern Group vice-chairman Peter Hsu said: “ACC’s collaboration with RWE is an excellent example of ‘the best of both worlds’ – local expertise and world leading international offshore wind farm experience coming together to deliver substantial, sustainable energy to the people of Taiwan and extensive generation of green jobs as a direct consequence.
“This fits with ACC’s plan to be involved with renewable projects and change our energy profile towards green sources.”
RWE and ACC are already collaborating in the development of the 448MW Chu Feng offshore wind project off the Tawian’s northwest coast near Hsinchu City.