[Energy Taiwan] CIP New Product Launch

The Changfang and Xidao Offshore Wind Project (CFXD), developed by CIP, is a 600 MW capacity project located off the western coast of Changhua, Taiwan. CFXD reached financial close in February 2020 and is currently under construction, expecting first power in 2022 and commercial operation date in 2024. Once completed, CFXD will generate enough renewable energy to power approximately 650,000 Taiwanese households.
Since CIP’s arrival in Taiwan in 2017, over 80 local companies have been engaged either directly or indirectly in the development and construction of CFXD. In 2019, the Project’s Industrial Relevance Plan secured approval from the Industrial Development Bureau, which falls under the Ministry of Economic Affairs. Together with the Zhongneng Project, CFXD meets localisation requirements across all aspects of procurement and construction, including foundation fabrication, wind turbine subcomponents manufacture, and offshore transportation and installation.