Under the Taiwan’s Feed-in-Tariff (FIT) program, Northland Power will have to connect the offshore wind capacity to Taiwan’s grid in 2024.
The allocation of the capacity to Northland Power is expected to advance the project’s ability to execute a 20-year power contract under Taiwan’s FIT regime.
The offshore wind project Hai Long 2 will be owned by Northland Power (60%) and its partner Yushan Energy (40%).
The wind project is said to have received its environmental permit in early this year and has advanced development work is going on. Project economics and financing are expected to be finalized as the project advances further. Selection of turbine supplier and negotiation of construction contracts are underway.
To execute a power purchase agreement for Hai Long 2 in late 2018, Northland said that it is working closely with Yushan Energy to complete all remaining regulatory and permit-related activities.
Hai Long 2 is expected to increase Northland’s offshore operating capacity to more than 1.45GW gross capacity by 2024.
Northland CEO John Brace said: “Today’s announcement reflects Northland’s continued growth and leadership in the offshore wind sector.
“This is a great accomplishment for Northland and its partners. We are proud to support Taiwan in their efforts to create a more sustainable future through the transition to renewable energy.”
In September last year, Northland Power completed the installation of all the turbines at the Nordsee One offshore wind farm located 41km from the coast, north of the Island of Juist, in German North Sea.
The 332 MW wind farm has a total of 54 of Senvion’s turbines, each with a capacity to generate 6.15 MW. Each turbine is 153m tall, with hub height at 90m and with a rotor diameter of 126m. The turbines are supported by monopile structures, each being 70m in length.
