Google has signed its first offshore wind Power Purchase Agreement (PPA) in Taiwan.
The search giant inked the PPA with infrastructure investment firm Copenhagen Infrastructure Partners (CIP) for energy from its 495MW Fengmiao 1 offshore wind project, located 35km (21.7 miles) off the coast of Taichung, central Taiwan.
The length and capacity of the PPA were not disclosed. DCD has reached out for further information.
Commenting on the PPA, Giorgio Fortunato, head of clean energy & power, Asia Pacific said on LinkedIn: “What makes this [PPA] even more fascinating is how offshore wind will complement the solar and geothermal projects in our portfolio, creating a blend of clean energy technologies working in concert to meet our energy demands around the clock.”
The project reached financial close this March after CIP’s Copenhagen Infrastructure V fund secured $3.1 billion in project financing from 27 international and Taiwanese banks. A portion of the debt finance is guaranteed by four export credit agencies and Taiwan’s National Credit Guarantee Administration.
The project is the first from Taiwan’s Round 3.1 offshore wind auction to reach financial close and commence construction. It is expected to reach commercial operations at the end of 2027.
According to CIP, in addition to the Google PPA, the wind farm is tied to long-term PPAs with six local and international offtakers. These include PPAs signed last year with semiconductor manufacturers MediaTek and Sino American Silicon Products, in addition to Taiwanese telco Far EasTone Telecommunications.
The project is CIP’s third in the region, having completed construction on the 600MW Changfang & Xidao offshore wind farm in May 2024 and the 300MW Zhing Neng offshore wind farm in September of last year.
Last week, Google signed a 10MW geothermal PPA in the country with Baseload Capital. The PPA was the company’s first corporate geothermal agreement and includes a direct investment in Baseload.
Google has secured power from several other renewable energy projects in the country. In October, the company signed a partnership with BlackRock’s Climate Infrastructure business to develop 1GW of solar projects in the country. The partnership was formed to offer Google's semiconductor suppliers and regional manufacturers a portion of this clean energy capacity.
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