News | September 8, 2022

Vena Energy To Expand The Development Of Offshore Wind Projects In Taiwan

Vena Energy, Asia-Pacific’s leading renewable energy company, announced today that it will launch two offshore wind projects, Wei-Na and Wei-Long, with a total capacity of 1.8 GW, to participate in auctions under Taiwan Phase 3 Offshore Wind Zonal Development.

The 1,200 MW Wei-Na Offshore Wind Project will be located 20 kilometers off the coast of Miaoli County, with a site area of about 126 square kilometers, and at a water depth of about 52-78 meters. The 600 MW Wei-Long Offshore Wind Project will be located 43 kilometers outside Changhua County, and spans an area of approximately 76 square kilometers, and a depth of about 40-62 meters. The two offshore wind projects are expected to use large wind turbines with a single capacity of 14 MW to 20 MW.

Vena Energy is a fully integrated renewable energy developer, owner, and operator with over 200 wind and solar projects under operation, construction, and development, including over 10 gigawatts of offshore wind capacity across the Asia Pacific region. Vena Energy is a portfolio company of Global Infrastructure Partners (“GIP”), a leading global independent infrastructure fund manager with a track record of over 200 gigawatt of renewable energy capacity in operation, construction and development, and a solid foundation of offshore wind experience.

“The development and generation of offshore wind projects is instrumental to accelerating the energy transition. We are excited about Taiwan’s potential for offshore wind power. We will leverage our experience in other Asian markets and utilize our Corporate PPA capabilities with international off-takers to develop a robust pipeline in APAC.” said Daniel Astbury, Head of Wind at Vena Energy.

“Vena Energy has operated and invested across the Taiwan renewable energy sector for several years, successfully building over 400 MW of solar capacity. The selected offshore wind sites have been carefully assessed to exclude environmentally sensitive and restricted areas. We will utilize our local experience and continue to engage with all our stakeholders to develop our offshore wind pipeline and contribute to Taiwan’s net-zero emission target.” said Will Feng, General Manager of Offshore Wind Development in Taiwan.

Source: Vena Energy