Ørsted has confirmed it secured about TWD 90 billion for its offshore wind project in Taiwan. This funding supports the Greater Changhua 2 offshore wind farm. Ørsted arranged the project financing. It has support from five export credit agencies. These include agencies from Norway, Denmark, Korea, Taiwan, and the UK.
Greater Changhua 2 has two parts. One part is Greater Changhua 2a. It is already running. The other part, Greater Changhua 2b, is under construction. It is planned to start sending power by late 2025. Together, these two parts will deliver 632 megawatts of power. They sit about 50 to 60 kilometres from Changhua County’s coast.
The Greater Changhua offshore complex has four parts. The total planned capacity for the full complex is 1.82 gigawatts. The first part, Greater Changhua 1, is operational. So is Greater Changhua 2a. Once Greater Changhua 2b is ready, it will add more capacity. Ørsted also plans to arrange an equity sale when construction finishes.
Apart from this, some smaller renewable energy work is happening in Taiwan. In rural Yunlin County, a pilot project for rooftop solar on farm buildings has begun. It covers about 15 small farms. Each rooftop system is about 10 kilowatts. They power water pumps and feed excess energy to the grid.
In Tainan, a small cooperative is running floating solar panels on fishponds. This system covers about two hectares. It produces nearly 1 megawatt. The floating panels help reduce water loss and produce electricity for nearby farms. The panels also provide shade for fish, which helps in hot months.
In Taichung Port, a local group has set up small vertical wind turbines on pier structures. The trial project generates about 150 kilowatts in total. It supplies clean energy to port lighting and offices. The turbines are designed for low-wind urban areas.

