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Renewable Energy in Southeast Asia: Powering Sustainable FuturesRenewable Energy in Southeast Asia: Powering Sustainable Futures
Home » Hsiyuan Wind Power and Bank SinoPac Secure Financing for Taiwan’s Hsinyuan Wind Farm
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Hsiyuan Wind Power and Bank SinoPac Secure Financing for Taiwan’s Hsinyuan Wind Farm

RashidaBy RashidaMarch 27, 2024No Comments
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JERA Nex Join Forces to Propel Spinifex Offshore Wind Farm Development in South West Victoria
JERA Nex Join Forces to Propel Spinifex Offshore Wind Farm Development in South West Victoria
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Hsiyuan Wind Power Co, a subsidiary of wdp, in collaboration with Bank SinoPac, has secured financing for a 25.2-megawatt onshore wind farm project situated in Taiwan. Coined as  Hsinyuan Wind Farm, this initiative is strategically located in Yunlin County’s Lunbei District, capitalizing on the region’s favorable wind conditions.

With a capacity of 4.2 MW per turbine, the farm comprises six turbines, making it a significant addition to Taiwan’s renewable energy infrastructure. The project’s technical specifications are noteworthy, featuring wind turbines with a hub height of 112 meters, establishing them as the largest onshore turbines in Taiwan. This choice reflects a commitment to leveraging advanced technology for optimal energy production. Moreover, the turbines’ location on the west coast of Taiwan further enhances their efficiency, tapping into the region’s abundant wind resources. This aligns with broader goals for sustainable energy development, underlining Taiwan’s dedication to reducing its carbon footprint and transitioning towards cleaner energy sources.

“Our Hsinyuan project takes advantage of the excellent conditions for wind energy on the west coast of Taiwan,” said Ralf Ketteler, Head of International Project Finance at wpd.

“With a hub height of 112 meters, the six turbines are not only currently the largest onshore wind turbines in the country, but also make a further important contribution to the success of Taiwan’s energy transition,” Ketteler said.

Beyond its technical aspects, the Hsinyuan Wind Farm holds broader implications for Taiwan’s energy landscape. As the project nears commercial operation, slated for the second quarter of 2024, it is poised to significantly bolster the country’s onshore wind energy capacity, surpassing the 500 MW mark. This milestone underscores Taiwan’s progress in renewable energy deployment, positioning it as a key player in the global shift towards sustainable energy. By embracing projects like the Hsinyuan Wind Farm, Taiwan not only addresses its energy needs but also contributes to the global effort to combat climate change and build a more sustainable future.

Hsiyuan Wind Power and Bank SinoPac Yunlin County's Lunbei Distric
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