Total acquires stake in Yunlin, signs 640 MW offshore wind project in Taiwan

Total acquires stake in Yunlin, signs 640 MW offshore wind project in Taiwan

French energy company Total has signed an agreement with Germany-headquartered  a renewable energy project operator and developer WPD to acquire a 23% stake in Yunlin Holding, the owner of Yunlin offshore wind farm located off the coast of Taiwan, around 200 km southwest of Taipei. The project, currently under construction, will have a production capacity of 640 megawatts (MW) and benefits from a 20-year guaranteed-price power purchase agreement (PPA) with the state-owned company Taipower of US$ 250/MWh for the first 10 years and US$ 125/MWh for the following 10 years.

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Located around 10 km offshore at water depths ranging from 7 to 35 m, the wind farm will comprise 80 wind turbines with a unit capacity of 8 MW. Construction is scheduled to be completed in 2022. Once on-stream, the project will produce 2.4 terawatt-hours (TWh) of renewable electricity per year, enough to serve the power needs of 605,000 households.  The project reached a major milestone with the installation of the first wind turbine on April 23.

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