, Taiwan
Photo by Sam Forson from Pexels.

Hsiyuan Wind Power and Bank SinoPac close Financing for Taiwan wind farm

The Hsinyuan Wind Farm is expected to start commercial operation in Q2 2024.

Hsiyuan Wind Power Co, a wdp subsidiary, and Bank SinoPac closed the financing for wdp’s 25.2-megawatts (MW) onshore wind farm in Taiwan.

In a statement, wdp said the Hsinyuan wind farm, located in Yunlin County in Lunbei District is composed of six wind turbines with a 4.2 MW capacity each.

“Our Hsinyuan project takes advantage of the excellent conditions for wind energy on the west coast of Taiwan,” says Ralf Ketteler, Head of International Project Finance at wpd.

ALSO READ: Taiwan’s offshore wind capacity exceeds 2 GW

“With a hub height of 112 meters, the six turbines are not only currently the largest onshore wind turbines in the country, but also make a further important contribution to the success of Taiwan’s energy transition,” Ketteler said.

The project, which is expected to transition to commercial operation in the second quarter, will push Taiwan’s installed onshore wind farm to over 500 MW.

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!


India removes licence requirement to build transmission lines for bulk consumers
The rule applies to those with at least 25 MW of load for inter-state connection and at least 10 MW for intra-state.
NEFIN Group works double time to catch up on projects
CEO Glenn Lim explains how a delay turned out good as the company aims to reach 667 MW of capacity by 2026.
Summit Power International provides vital LNG support to Bangladesh
Without cross-border electricity supply, LNG is needed by a country facing geographical constraints to deploy renewables.