EGCO Group owns 26.56% stakes in the 640 MW Yunlin offshore wind farm. The project is located in the Taiwan Strait, between 8 and 30 kilometers off the west coast of Taiwan, and covers an overall area of 90 square kilometers. It delivers electricity under a 20-year power purchase agreement with Taipower (Taiwan Power Company). The completed WTGs fed to the grid have an average capacity factor in excess of 40%, confirming its capability to generate future income. Once completed by the end of 2024, the 640 MW Yunlin Project will produce enough clean energy to serve the energy needs of more than 600,000 Taiwanese households.
Source: Electricity Generating