Ørsted Completes 920 MW Greater Changhua 2b & 4; 1.82 GW Greater Changhua Wind Farm Cluster Enters O&M Phase

(From left) Chung-Hsien Chen, Deputy Director-General of the Energy Administration｜Chien-Hsin Lai, Vice Minister of Economic Affairs｜Michelle Lee, Spokesperson of the Executive Yuan｜Ngalim Tiunn, Legislator｜Chao-Ting Lin, Cathay Life Insurance General Manager｜Rasmus Errboe, Ørsted Group President and CEO｜Jung-Tai Cho, Prime Minister｜Amanda Dasch, Chief Development Officer｜Yi-Fong Hsieh, Legislator｜Godson Njoku, Executive Vice President & CGO at Ørsted｜ Per Mejnert Kristensen, Ørsted Asia-Pacific President｜Jayaram Naidu, Vice President, APAC Programme at Ørsted｜Christy Wang, Chairperson of Ørsted Taiwan

Ørsted held a completion and O&M ceremony on Sept. 1 for the 920 MW Greater Changhua 2b & 4 offshore wind farms. Following the commissioning of the 900 MW Greater Changhua 2a & 1 offshore wind farms in 2024, the projects mark Ørsted's second nearly GW-scale offshore wind development in Taiwan. All electricity generated will be supplied to corporate customers to support their decarbonization goals.

With the projects entering the O&M phase, Ørsted's local O&M team will oversee the entire 1.82 GW Greater Changhua offshore wind cluster. The projects are expected to generate clean electricity equivalent to the annual consumption of around 2 million Taiwanese households. Ørsted said the milestone further strengthens Taiwan's offshore wind industry and energy security, following a decade of investment since establishing its Asia-Pacific headquarters in Taiwan.

Premier Jung-Tai Cho thanked Ørsted for its long-term commitment to Taiwan since 2016, highlighting its contributions to offshore wind development, technology transfer, talent cultivation, industry-academia innovation and green finance. He said the government has laid out a 2026–2039 medium- to long-term plan under President Ching-Te Lai's energy transition agenda, elevating offshore wind development from individual projects to a cross-regional "national strategic project." Cho added that offshore wind can provide clean energy, strengthen the international competitiveness of industries such as semiconductors, and support domestic industrial development. He called on Ørsted to continue deepening cooperation with Taiwan and help build the green energy infrastructure required for the AI era.

Premier Jung-Tai Cho with Rasmus Errboe, Group President and CEO of Ørsted, visits the Ørsted Taiwan Offshore Wind Farms O&M Hub at Taichung Port.

Ørsted Group President and CEO, Rasmus Errboe, said that completion of Greater Changhua 2b & 4 represents a key achievement in Ørsted's global 8.1 GW construction program and demonstrates the company's ability to deliver large-scale offshore wind projects and maintain strong relationships with financial partners.

Ørsted Asia-Pacific President Per Mejnert Kristensen said the projects will create long-term value for Taiwan by providing renewable power, supporting corporate decarbonization and strengthening local O&M capabilities throughout the wind farms' lifecycle, while promoting coexistence with fisheries and sharing benefits with local communities.

Cathay Life Insurance General Manager Chao-Ting Lin added that its investment demonstrates the ability of Taiwan's domestic insurance capital to participate in world-class renewable infrastructure and called for greater investment in green energy.

The Greater Changhua 4 project, with a capacity of 583 MW, is jointly owned by Ørsted and Cathay Life Insurance, while Cathay is expected to acquire a 55% stake in the 632 MW Greater Changhua 2a & 2b projects following its grid connection. The project financing for Greater Changhua 2b was supported by 30 domestic and international banks and export credit agencies. The 920 MW projects are currently undergoing final commissioning and testing and will enter full commercial operation after obtaining the required approvals from the authorities and Taipower.

The 920 MW Greater Changhua 2b & 4 represent Ørsted's 2nd near-GW-scale offshore wind project developed in Taiwan.

【About Ørsted】
Ørsted is a global leader in offshore wind power, specializing in the development, construction, and operation of offshore wind farms. Its core markets span Europe and key Asia-Pacific regions, including Taiwan, South Korea, and Australia. Backed by 35 years of offshore wind expertise, Ørsted has installed 10.2 GW of offshore wind capacity worldwide, with an additional 8.1 GW currently under construction. Across Europe, the Asia-Pacific region, and North America, Ørsted's total installed renewable energy capacity has exceeded 18 GW, encompassing a diversified portfolio that includes onshore wind, solar power, energy storage, biomass power generation, and energy trading.
Ørsted is widely recognized as a global sustainability leader within the industry. Guided by its vision of creating a world powered entirely by green energy, the company is headquartered in Denmark and employs approximately 7,700 people worldwide. Ørsted is publicly listed on the Nasdaq Copenhagen Stock Exchange under the ticker symbol ORSTED. In 2025, Ørsted reported operating profit of DKK 25.1 billion, excluding earnings from new partnership agreements and contract termination fees, equivalent to approximately EUR 3.4 billion or TWD 125.1 billion.

Source: Ørsted
Compilation & Ttranslation: EnergyOMNI