Danish renewable energy giant Ørsted has secured approximately $3 billion (TWD 90 billion) in funding for its Greater Changhua 2a and 2b offshore wind farms in Taiwan.
According to Ørsted, the financing was made possible through the support of 25 international banks and five export credit agencies from Norway, Denmark, South Korea, China, and the United Kingdom. The funds will contribute to the construction and operation of the two wind farms located about 50 kilometres off the coast of Changhua County.
The Changhua 2 cluster includes the 295MW Changhua 2a wind farm, which came online in 2023, and the 337MW Changhua 2b wind farm, currently under construction. Work on Changhua 2b began in February 2025, with commissioning expected later this year.
“The strong support from the participating financial institutions demonstrates ongoing trust in Ørsted-led projects,” said a company spokesperson.
Ørsted is a key player in Taiwan’s renewable energy sector and continues to play a leading role in the development of offshore wind power in the Asia-Pacific region.
