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Offshore Wind: TotalEnergies and Partners Inaugurate 640 MW Yunlin Wind Farm in Taiwan

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TotalEnergies (TTE) and partners have successfully inaugurated the fully operational Yunlin offshore wind farm in Taiwan, with a capacity of 640 MW. Located 15 kilometers off Taiwan's west coast, the project features 80 wind turbines of 8 MW each.

TotalEnergies holds a 29.46% stake in the joint venture, alongside Skyborn Renewables (31.98%), EGCO Group (26.56%), and Sojitz (12%). The company will assume technical operations management after the Commercial Operations Date in June 2025.

The wind farm will generate 2.4 TWh of renewable electricity annually, powering over 600,000 Taiwanese households and reducing CO2 emissions by 1.2 million tons. The electricity is contracted to Taiwan Power Company through two 20-year Power Purchase Agreements at an average rate of $165/MWh.

TotalEnergies (TTE) e i suoi partner hanno inaugurato con successo il parco eolico offshore di Yunlin a Taiwan, completamente operativo, con una capacità di 640 MW. Situato a 15 chilometri al largo della costa occidentale di Taiwan, il progetto comprende 80 turbine eoliche da 8 MW ciascuna.

TotalEnergies detiene una partecipazione del 29,46% nella joint venture, insieme a Skyborn Renewables (31,98%), EGCO Group (26,56%) e Sojitz (12%). L'azienda assumerà la gestione delle operazioni tecniche dopo la Data di Inizio delle Operazioni Commerciali prevista per giugno 2025.

Il parco eolico produrrà 2,4 TWh di elettricità rinnovabile all'anno, alimentando oltre 600.000 famiglie taiwanesi e riducendo le emissioni di CO2 di 1,2 milioni di tonnellate. L'elettricità è contrattata con la Taiwan Power Company attraverso due Contratti di Acquisto di Energia della durata di 20 anni a una tariffa media di $165/MWh.

TotalEnergies (TTE) y sus socios han inaugurado con éxito el parque eólico marino de Yunlin en Taiwán, que ya está completamente operativo, con una capacidad de 640 MW. Ubicado a 15 kilómetros de la costa oeste de Taiwán, el proyecto cuenta con 80 turbinas eólicas de 8 MW cada una.

TotalEnergies posee una participación del 29,46% en la empresa conjunta, junto a Skyborn Renewables (31,98%), EGCO Group (26,56%) y Sojitz (12%). La compañía asumirá la gestión de las operaciones técnicas después de la Fecha de Inicio de Operaciones Comerciales en junio de 2025.

El parque eólico generará 2,4 TWh de electricidad renovable anualmente, abasteciendo a más de 600,000 hogares taiwaneses y reduciendo las emisiones de CO2 en 1,2 millones de toneladas. La electricidad está contratada con la Taiwan Power Company a través de dos Contratos de Compra de Energía de 20 años a una tarifa promedio de $165/MWh.

TotalEnergies (TTE)와 파트너들이 대만의 융린 해상 풍력 발전소를 성공적으로 개소하였으며, 이 발전소는 640 MW의 용량을 가지고 있습니다. 대만 서해안에서 15킬로미터 떨어진 곳에 위치한 이 프로젝트는 각각 8 MW 용량의 풍력 터빈 80개로 구성되어 있습니다.

TotalEnergies는 공동 투자에서 29.46%의 지분을 보유하고 있으며, Skyborn Renewables (31.98%), EGCO Group (26.56%), Sojitz (12%)와 함께하고 있습니다. 이 회사는 2025년 6월 상업 운영 시작일 이후 기술 운영 관리를 맡게 됩니다.

이 풍력 발전소는 매년 2.4 TWh의 재생 가능 전기를 생산하여 60만 가구 이상의 대만 가정을 전력 공급하며, CO2 배출량을 120만 톤 줄이는 데 기여할 것입니다. 전기는 대만 전력 회사와 20년 동안의 전력 구매 계약을 통해 평균 $165/MWh의 요금으로 계약되어 있습니다.

TotalEnergies (TTE) et ses partenaires ont inauguré avec succès le parc éolien offshore de Yunlin à Taïwan, qui est désormais entièrement opérationnel, avec une capacité de 640 MW. Situé à 15 kilomètres au large de la côte ouest de Taïwan, le projet comprend 80 éoliennes de 8 MW chacune.

TotalEnergies détient une participation de 29,46 % dans la coentreprise, aux côtés de Skyborn Renewables (31,98 %), EGCO Group (26,56 %) et Sojitz (12 %). L'entreprise assumera la gestion des opérations techniques après la date de début des opérations commerciales prévue pour juin 2025.

Le parc éolien générera 2,4 TWh d'électricité renouvelable par an, alimentant plus de 600 000 foyers taïwanais et réduisant les émissions de CO2 de 1,2 million de tonnes. L'électricité est contractée avec la Taiwan Power Company par le biais de deux contrats d'achat d'électricité de 20 ans à un tarif moyen de 165 $/MWh.

TotalEnergies (TTE) und Partner haben erfolgreich den vollständig operativen Yunlin Offshore-Windpark in Taiwan eingeweiht, der eine Kapazität von 640 MW hat. Er befindet sich 15 Kilometer vor der Westküste Taiwans und umfasst 80 Windturbinen mit jeweils 8 MW.

TotalEnergies hält einen Anteil von 29,46% an dem Joint Venture, zusammen mit Skyborn Renewables (31,98%), EGCO Group (26,56%) und Sojitz (12%). Das Unternehmen wird nach dem Datum des kommerziellen Betriebs im Juni 2025 die technische Betriebsführung übernehmen.

Der Windpark wird jährlich 2,4 TWh erneuerbare Energie erzeugen, die mehr als 600.000 taiwanesische Haushalte mit Strom versorgt und die CO2-Emissionen um 1,2 Millionen Tonnen reduziert. Der Strom ist über zwei 20-jährige Stromabnahmeverträge mit der Taiwan Power Company zu einem Durchschnittspreis von 165 USD/MWh vertraglich gesichert.

Positive
  • Secured 20-year Power Purchase Agreements at $165/MWh
  • Will generate 2.4 TWh of renewable electricity annually
  • Contributes to TTE's 2025 target of 35 GW renewable capacity
  • Strengthens TTE's position in Asian renewable energy market
  • Expands offshore wind portfolio to 23 GW total capacity
Negative
  • Technical operations management delayed until June 2025

Insights

TotalEnergies has achieved a significant milestone with the full operationalization of the 640 MW Yunlin offshore wind farm in Taiwan. With a 29.46% stake in the project, TotalEnergies is positioned to benefit from steady cash flows through 20-year Power Purchase Agreements with Taiwan Power Company at $165/MWh – a favorable rate that should provide predictable returns.

This addition meaningfully advances TotalEnergies toward its 35 GW renewable capacity target by 2025. The company's transition to technical operator role (expected June 2025) represents important capability building as TotalEnergies develops its 23 GW global offshore wind portfolio across key markets including the UK, Germany, and United States.

The project's economics are strengthened by its scale - as one of Taiwan's largest offshore wind farms with 80 turbines generating 2.4 TWh annually. The company's growing Asian renewable portfolio now exceeds 23 GW gross capacity with half already operational or under construction.

This project reinforces TotalEnergies' strategic pivot toward becoming an integrated energy company with balanced exposure to traditional and renewable sources. The successful completion despite the challenging offshore environment demonstrates strong project execution capabilities that should benefit future developments.

  • The Yunlin offshore wind farm is now fully operational
  • It will power 600,000 homes in Taiwan and save 1.2 million tons of CO2 annually
  • TotalEnergies will serve as the wind farm’s technical operator

PARIS & TAIPEI, Taiwan--(BUSINESS WIRE)-- During a ceremony held in Taipei, TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and its partners announced the successful inauguration of the Yunlin offshore wind farm in Taiwan, which is now fully operational and generating renewable electricity at its planned capacity of 640 MW.

A new milestone for TotalEnergies in Asia

TotalEnergies holds a 29.46% stake in Yunneng Wind Power Co., Ltd., the joint venture responsible for the project. The other stakeholders include Skyborn Renewables with 31.98%, EGCO Group with 26.56%, and Sojitz with 12%.

The development and construction of the Yunlin project were led by Skyborn with the support of the other partners. Following the Commercial Operations Date (COD), expected in June 2025, TotalEnergies will take the lead in technical operations management, whilst Skyborn Renewables will continue to lead other management services.

"We are very pleased to be inaugurating the Yunlin offshore wind farm, as we take a new step forward in our offshore wind development”, said Olivier Jouny, Senior Vice President Renewables at TotalEnergies. “This 640 MW project will help us achieve our 2025 targets for 35 GW of gross renewable capacity and over 50 TWh of net electricity production, amounting to 10% of TotalEnergies’ energy output. Our role as technical operator on Yunlin will allow us to strengthen our offshore wind competencies as we look ahead to our future projects in Germany, Denmark, and the United Kingdom", he added.

In Asia, TotalEnergies owns a renewable energy portfolio (solar, wind, batteries) of over 23 GW gross, across all stages, from development to construction and operation. Of this capacity, 50% is already operational or under construction.

One of the largest offshore wind farms in Taiwan

The Yunlin offshore wind farm is located about 15 kilometers off the west coast of Taiwan, at water depths of up to 35 meters. The project consists of 80 wind turbines, each with 8 MW capacity. The electricity generated is fed into the Taiwanese grid and contracted to Taiwan Power Company (TPC) through two 20-year Power Purchase Agreements (PPAs) at an average rate of $165/MWh.

The Yunlin offshore wind farm produces 2.4 TWh of renewable electricity per year, powering over 600,000 Taiwanese households and reducing CO2 emissions by approximately 1.2 million tons.

***

TotalEnergies and electricity
As part of its ambition to get to net zero by 2050, TotalEnergies is building a world class cost-competitive portfolio combining renewables (solar, onshore and offshore wind) and flexible assets (CCGT, storage) to deliver clean firm power to its customers. By the end of 2024, TotalEnergies’ gross renewable electricity generation installed capacity reached 26 GW. TotalEnergies will continue to expand this business to reach 35 GW in 2025 and more than 100 TWh of net electricity production by 2030.

TotalEnergies and offshore wind
TotalEnergies’ portfolio in offshore wind has a total capacity of 23 GW, with most farms bottom-fixed. These projects are located in the United Kingdom (Seagreen, Outer Dowsing, West of Orkney, Erebus), South Korea (Bada), Taiwan (Yunlin, Haiding 2), France (Eolmed), the United States (Attentive Energy and Carolina Long Bay), in the Netherlands (OranjeWind), in Germany (Nordsee Energies 1 & 2, Ostsee Energies, N-9.1 and N-9.2).

About TotalEnergies
TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to provide as many people as possible with energy that is more reliable, more affordable and more sustainable. Active in about 120 countries, TotalEnergies places sustainability at the heart of its strategy, its projects and its operations.

@TotalEnergies TotalEnergies TotalEnergies TotalEnergies

Cautionary Note
The terms “TotalEnergies”, “TotalEnergies company” or “Company” in this document are used to designate TotalEnergies SE and the consolidated entities that are directly or indirectly controlled by TotalEnergies SE. Likewise, the words “we”, “us” and “our” may also be used to refer to these entities or to their employees. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate legal entities. This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise. Information concerning risk factors, that may affect TotalEnergies’ financial results or activities is provided in the most recent Universal Registration Document, the French-language version of which is filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC).

TotalEnergies Contacts

Media Relations: +33 (0)1 47 44 46 99 l presse@totalenergies.com l @TotalEnergiesPR

Investor Relations: +33 (0)1 47 44 46 46 l ir@totalenergies.com

Source: TotalEnergies SE

FAQ

What is the power generation capacity of TotalEnergies' Yunlin offshore wind farm in Taiwan?

The Yunlin offshore wind farm has a total capacity of 640 MW, consisting of 80 wind turbines with 8 MW capacity each.

How many households will TTE's Yunlin wind farm power in Taiwan?

The Yunlin offshore wind farm will power over 600,000 Taiwanese households with 2.4 TWh of annual renewable electricity production.

What is the CO2 reduction impact of TTE's Yunlin wind farm project?

The Yunlin offshore wind farm will reduce CO2 emissions by approximately 1.2 million tons annually.

What is the power purchase agreement rate for TTE's Yunlin wind farm?

The project has two 20-year Power Purchase Agreements with Taiwan Power Company at an average rate of $165/MWh.

What is TotalEnergies' ownership stake in the Yunlin wind farm project?

TotalEnergies holds a 29.46% stake in the Yunlin project joint venture.

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