Ørsted Completes Major Construction Works on 920 MW Greater Changhua Offshore Wind Project

Ørsted has announced the completion of major construction works for its 920 MW Greater Changhua 2b and 4 offshore wind farms in Taiwan, marking a significant milestone in the development of the country’s offshore wind sector.

The project, which is expected to enter full commercial operation in late Q3 2026, follows the 900 MW Greater Changhua 1 and 2a offshore wind farms, which began operations in 2024. With the latest addition, Ørsted’s installed capacity across the Greater Changhua cluster has reached 1.82 GW, enough to supply electricity to approximately two million Taiwanese households annually.

The completion ceremony was held at Ørsted’s operations and maintenance hub at the Port of Taichung. Taiwan Premier Cho Jung-tai, representatives of project partner Cathay Life Insurance, suppliers, financial institutions and Ørsted executives attended the event.

Ørsted said the remaining commissioning activities and customary contractual and regulatory requirements are expected to be completed before the project enters commercial operation.

The Greater Changhua 4 offshore wind farm has a capacity of 583 MW and is jointly owned by Ørsted and Cathay Life Insurance, with each holding a 50% stake. Separately, Ørsted has agreed to sell a 55% ownership stake in the 632 MW Greater Changhua 2 project to Cathay Life Insurance and its affiliate Cathay Power. The transaction is expected to close following commissioning.

The project also highlights Taiwan’s growing offshore wind supply chain and green finance ecosystem. Ørsted said the financing was supported by 30 domestic and international financial institutions, reflecting investor confidence in large-scale offshore wind assets and Taiwan’s renewable energy market.

Ørsted Group President and CEO Rasmus Errboe said the completion represents an important milestone in the company’s global 8.1 GW construction programme and demonstrates its capabilities in delivering large-scale offshore wind projects.

The project incorporates advanced offshore wind technologies, including suction bucket jackets, while Ørsted said its local partnerships and investments are supporting long-term operations, renewable power generation, fisheries coexistence and economic development in Taiwan.

The completion comes 10 years after Ørsted opened its first office in Taiwan, with the company positioning itself as a major contributor to the country’s offshore wind industry and energy transition.