SRE’s Formosa 4 secures Establishment Permit
This is SRE’s third offshore wind project in Taiwan.
Synera Renewable Energy (SRE) has announced that its Formosa 4 Offshore Wind Project has secured the Establishment Permit from Taiwan’s Energy Administration, Ministry of Economic Affairs, making it the first to reach this level amongst other successful bidders in the first round of auctions for Phase 3 Zonal Development of Offshore Wind.
In a statement, SRE said its project was also the first in this round to receive a letter of consent from the local government which was crucial to bag the Establishment Permit.
Formosa 4, to be located off the coast of Miaoli County, is SRE’s third offshore wind project in Taiwan. Awarded 495 megawatts of development capacity in the first auction round of Phase 3 Zonal Development of Offshore Wind at the end of 2022, the wind farm is expected to power more than 500,000 households upon completion.
“SRE maintains strong confidence in Taiwan’s offshore wind potential and remains committed to the market. As a leading offshore wind developer in Taiwan, we will continue driving our projects forward to accelerate the energy transition,” said SRE Chairperson Lucas Lin.