In a significant move towards sustainable energy, Google has entered into a Corporate Power Purchase Agreement (CPPA) with Denmark’s Copenhagen Infrastructure Partners (CIP) to procure electricity from the Fengmiao I offshore wind project located off the coast of Taichung, Taiwan. This agreement marks Google’s first offshore wind energy procurement in the Asia-Pacific region.
Fengmiao I Offshore Wind Project: A Milestone in Taiwan’s Renewable Energy Sector
The Fengmiao I project, developed by CIP’s fifth flagship fund, Copenhagen Infrastructure V (CI V), has achieved financial close and is set to commence construction. Located approximately 35 kilometers off Taichung’s coast, the project secured 500MW of grid capacity in Taiwan’s Round 3.1 offshore wind auction. It is noteworthy for being the first offshore wind project in Taiwan supported by a portfolio of corporate offtakers, including Google.Reuters
The project will feature 33 units of Vestas’ latest 15MW turbines, contributing to a total capacity of 495MW. Construction is scheduled for completion by the end of 2027. The project has garnered approximately NT$103 billion (US$3.16 billion) in financing from 27 international and Taiwanese banks, underscoring strong investor confidence in Taiwan’s renewable energy initiatives.Reuters
Google’s Commitment to Renewable Energy in Taiwan
Google’s engagement with the Fengmiao I project aligns with its broader sustainability goals. The electricity procured will power Google’s data centers, cloud regions, and offices in Taiwan, supporting the company’s objective to operate entirely on carbon-free energy by 2030.The Verge
In addition to the offshore wind agreement, Google has signed a geothermal power purchase agreement with Baseload Power Taiwan. This deal represents Taiwan’s first corporate geothermal energy agreement and aims to add 10 megawatts of carbon-free energy to the grid by 2029, effectively doubling the country’s commercial geothermal capacity. The geothermal energy will support Google’s regional operations, including its largest hardware R&D hub outside the United States.The Verge
Implications for Taiwan’s Energy Landscape
These developments signify a pivotal moment for Taiwan’s energy sector. The integration of offshore wind and geothermal energy sources not only diversifies Taiwan’s energy mix but also enhances energy security and sustainability. Google’s investments may serve as a catalyst for further corporate participation in Taiwan’s renewable energy market, fostering innovation and economic growth.
FAQs
What is the significance of Google’s CPPA with CIP in Taiwan?
This agreement marks Google’s first offshore wind energy procurement in the Asia-Pacific region, supporting its sustainability goals and contributing to Taiwan’s renewable energy development.
What are the details of the Fengmiao I offshore wind project?
Fengmiao I is a 495MW offshore wind project located 35 kilometers off Taichung’s coast. It will utilize 33 Vestas 15MW turbines and is expected to be completed by the end of 2027.
How does Google’s geothermal agreement with Baseload Power Taiwan impact Taiwan’s energy sector?
A3: The agreement aims to add 10MW of geothermal energy to Taiwan’s grid by 2029, doubling the country’s commercial geothermal capacity and enhancing energy diversification.
What are the broader implications of these agreements for Taiwan?
These investments bolster Taiwan’s renewable energy infrastructure, attract international investment, and position Taiwan as a leader in sustainable energy in the Asia-Pacific region.
