Germany's WPD to sell part of interest in 640MW project off the coast of Yunlin County
5 May 2021 |
Michael Marray
French energy major Total has signed an agreement with German renewable energy developer WPD to acquire a 23% interest in Yunlin Holding, the owner of the Yunlin offshore wind farm under construction off the coast of Taiwan. The 640MW project has a 20-year guaranteed-price power purchase agreement (PPA) with state-owned Taiwan Power Company.
Yunlin is at present 48% owned by WPD, 25% by EGCO (Electricity Generating Public Company Limited), and 27% by a consortium of Japanese investors led by Sojitz Corporation (the other Japanese investors being ENEOS Corporation, Chugoku Electric Power, Chudenko Corporation and Shikoku Electric Power).