GF Corporation, a Japanese renewables company specializing in solar and wind power systems, has entered a strategic partnership with Netherlands-based IX Renewables for the Rui-Li Phase 1 floating offshore wind project in Taiwan.
The project aims to install 12 turbines with a capacity of 15 MW each off the coast of Hsinchu County, marking Taiwan's debut in floating offshore wind technology.
Scheduled to participate in Taiwan's upcoming floating offshore wind tender, expected in late 2024 or early 2025, Rui-Li 1 could set the stage for future commercial-scale offshore wind developments. Construction is slated to commence between 2027 and 2029, with grid connection anticipated before 2030.
Financial specifics of GF Corp's investment in the $180 million project were not disclosed. GF Corp CEO Koji Fujisaki commented, “We believe that our expertise and resources will significantly contribute to the success of Taiwan's first floating offshore wind project. The Rui-Li 1 project not only provides us with invaluable insights for our future projects in Japan but also underscores our commitment to benefiting local communities and fostering sustainable development.”
