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Wind Market Trends

Ørsted, TSMC sign world’s largest renewables CPPA

July 8, 2020 Wind InfoLink

CN TW EN

Ørsted has signed a corporate power purchase agreement with Taiwan Semiconductor Manufacturing Company (TSMC) for the production from the Danish company’s 920-MW Greater Changhua 2b & 4 offshore wind farms in Taiwan. 

The contract marks the world’s largest renewable power supply contract .

Under the agreement, TSMC will buy power generated by Greater Changhua 2b & 4 offshore wind farms for 20 years with a fixed price, which is higher than the feed-in-tariff Ørsted secured in June 2018. 

Greater Changhua 2b & 4 wind farms are expected to reach commercial operations between 2025 and 2026.


 

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