Skyborn Renewables (Skyborn) has secured an extended financing agreement to complete the construction of the 640MW Yunlin offshore wind farm project in Taiwan.
The project is being developed with partners Yunneng Wind Power, TotalEnergies, Electricity Generating Public Company (EGCO) and Sojitz Corporation (Sojitz).
Thomas Karst, chief executive of Skyborn, (pictured) said: “This is a major milestone for the Yunlin project and the offshore wind industry in Taiwan.
“It demonstrates our commitment to Taiwan’s clean energy transition and underlines our project management capability.
“Thanks to the good cooperation of all stakeholders and the tenacity and dedication of the project team, the 2023 installation campaign is well on track and preparations for the 2024 installation campaign are almost completed.”
Electricity from the project is provided to Taipower under two 20-year PPAs.
Once completed, the 640MW project will be one of the largest offshore wind farms in Taiwan, producing enough clean energy to serve the energy needs of more than 600,000 Taiwanese households.
The Yunlin offshore wind farm project is located in the Taiwan Strait, between 8 and 17 kilometres off the west coast of Taiwan, in water depths ranging from 7 to 35 metres.
The 82km² project area consists of 80 wind turbine generators whose generated electricity is fed into the Taiwanese power grid via two onshore substations near the townships of Taixi and Sihu in Yunlin County.