Offshore Wind Expansion in Taiwan Gains Momentum: Peak Wind Secures Operational Management for 495 MW Fengmiao I Wind Farm

Münster, Germany - The Taiwanese government is increasingly focusing on the expansion of renewable energies to meet its energy needs. The East Asian country aims to become climate-neutral by 2050. Taiwan has made significant progress in offshore wind energy in recent years.

With the financial close of the 495 MW offshore wind farm Fengmiao I in March 2025, a major milestone was reached for further offshore wind energy expansion in Taiwan. The project is owned by Copenhagen Infrastructure Partners (CIP) through its Copenhagen Infrastructure V (CI V) fund and is also being developed by CIP. For the operation of Fengmiao I, CIP has now signed an operational management contract with Denmark-based Peak Wind.

The offshore wind farm Fengmiao I is located approximately 35 km off the coast of Taichung in central Taiwan. The wind farm is expected to supply clean electricity to major energy consumers nationwide, significantly contributing to Taiwan’s renewable energy goals. Fengmiao I is CIP’s third offshore wind project in Taiwan, following the successful construction of the Changfang-Xidao and Zhongneng projects.

The completion of the Fengmiao I offshore wind farm is planned for late 2027. The wind farm will consist of 33 Vestas V236-15.0 MW wind turbines, Vestas' flagship turbine.

The operational management agreement for Fengmiao I (FM1) with CIP makes Peak Wind one of the largest independent offshore wind farm operators worldwide and the largest independent operator outside Europe and China, according to the company. With this new operational management contract, Peak Wind’s wind farm portfolio now totals 2,600 MW (2.6 GW), including 1,395 MW in Taiwan, 700 MW in North America, and 500 MW in Europe.

“This milestone marks another significant step in Peak Wind’s journey as we secure our third Operations Management Agreement in Taiwan. It stands as a testament to the exceptional performance of our local team on the ground, the trust our customers and project partners place in us, and our reputation as global leaders in offshore wind asset management,” said Nick Davies, APAC Regional Director at PEAK Wind, welcoming the agreement with CIP.

Offshore Wind Energy Expansion in Taiwan

Taiwan is pursuing ambitious renewable energy expansion goals, focusing on developing offshore wind energy. The Taiwanese government's original target was to expand the country's offshore wind capacity to 5,700 MW (5.7 GW) by 2025. However, delays in project implementation occurred due to supply chain disruptions caused by COVID-19 and strong localization efforts by the government, preventing the achievement of this target.

According to the Global Wind Energy Council (GWEC), Taiwan’s installed offshore wind capacity reached a total of 2,100 MW (2.1 GW) by the end of 2023. In 2024, Danish energy company Ørsted officially inaugurated the two offshore wind farms Greater Changhua 1 and 2a in Taiwan, with a total installed capacity of 900 MW after full commissioning. This marked an important milestone in Taiwan’s offshore wind energy expansion.

In 2021, the Taiwanese government announced plans to add another 15,000 MW (15 GW) of offshore wind capacity between 2026 and 2035, corresponding to an annual increase of 1,500 MW (1.5 GW).

Source: IWR Online, 02 Apr 2025