We are a pioneer in the offshore wind sector of Taiwan. Since as early as 2012, we have dedicated ourselves to developing offshore wind power and gained a head start. In October 2016, we independently planned and installed two demonstration wind turbines for Phase 1 of Formosa 1, Taiwan’s first-ever offshore wind farm. Afterward, by collaborating closely with international partners, we installed 20 wind turbines for Phase 2 between 2018 and 2019. With a total installed capacity of 128 MW, Formosa 1 commenced commercial operation in 2019 and became Taiwan’s first offshore wind farm in commercial operation. As such, Formosa 1 not only marks a significant milestone on the road to harnessing offshore wind power but also represents a remarkable achievement on the energy transition path. Along the way, we have proved our unwavering passion for green energy, and behind everything we do is the relentless drive to build a sustainable future. Following the landmark Formosa 1, we are now actively participating in the planning and construction of Formosa 2, our second large-scale offshore wind project. Located off the coast of Miaoli County, Formosa 2 stretches across nearly 70 square kilometers and comprises 47 wind turbines, each with a capacity of 8 MW. Upon completion of the construction, with its total installed capacity of 376 MW, the wind farm is expected to power up to 380,000 households per year. We are headquartered in Taipei City, and currently, a 95% stake of the company is held by Stonepeak Infrastructure Partners, a New York-based leading alternative investment firm. Our vision is to become a leading brand of renewable energy in the Asia-Pacific region, and we are committed to providing professional and reliable services of renewable energy development, construction, and asset management for our clients.
