Formosa 4 Offshore Wind Project is a 4,400MW offshore wind power project. It is planned in South China Sea, Taiwan. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in multiple phases. The project construction is likely to commence in 2025 and is expected to enter into commercial operation in 2027. Buy the profile here.
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Description
The project is being developed by J&V Energy Technology, Swancor Renewable Energy, Tien Li Offshore Wind Technology and Yeong Guan Energy Technology Group. The project is currently owned by Stonepeak Partners with a stake of 100%.
The project is expected to supply enough clean energy to power 4,500,000 households. The turbines will be mounted on fixed type foundations.
Development status
The project construction is expected to commence from 2025. Subsequent to that it will enter into commercial operation by 2027.
For more details on Formosa 4 Offshore Wind Project, buy the profile here.
About J&V Energy Technology
J&V Energy Technology Co Ltd is a Taiwan-based company mainly engaged in energy related business. The Company's products and services are one-stop integrated services for the development and construction of rooftop, ground-mounted, and water-mounted photo
About Tien Li Offshore Wind Technology
Tien Li Offshore Wind Technology Co Ltd (TLOWT) develops, builds, and manages wind energy projects. It produces wind turbine blades, wind turbine molds. TLOWT is headquartered in Taipei City, Taipei, Taiwan.
About Yeong Guan Energy Technology Group
Yeong Guan Energy Technology Group Co., Ltd. (Yeong Guan) manufactures and sale of precision machinery. The company provides energy, injection molding, industrial machinery and medical products. Its products include spheroidal graphite cast iron and gray cast iron including hubs and bases for wind turbines, gearbox components, thermal power generation exhaust hoods, injection molding machine components, and castings for machine tools and other industrial machinery. The company has operational presence in China, Japan, India, South Korea, USA, Canada, Brazil, Netherlands, Sweden, UK, Denmark, Germany, Switzerland, Italy, and Belgium. Yeong Guan is headquartered in Ningbo, Zhejiang, China.
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This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
