“WPD and Bank SinoPac successfully complete financial close for Hsinyuan onshore wind project”

– Hsinyuan Wind Power Co. Ltd, a subsidiary of wpd, and Bank SinoPac have closed financing for the Hsinyuan wind farm in Taiwan.
– The wind farm comprises six Vestas V136 turbines with a capacity of 4.2 MW each and has already been built and commissioned.
– wpd has been active in Taiwan since 2005 and has installed over 200 onshore wind turbines in the country, with a project pipeline of 275 MW of onshore wind and 50 MWp of PV projects.

Hsinyuan Wind Power Co. Ltd, a subsidiary of wpd, has closed financing with Bank SinoPac for its Hsinyuan wind farm in Taiwan. The wind farm, located in Yunlin County, consists of six Vestas V136 turbines with a capacity of 4.2 MW each. The project has been built and commissioned, with financial close occurring on 18 March 2024.

wpd has been active in Taiwan since 2005, with a dedicated team working on wind and solar energy projects since 2016. They have installed over 200 onshore wind turbines in Taiwan and currently have 90 specialists working on projects. The Hsinyuan project utilizes the favorable wind conditions on Taiwan’s west coast and features six turbines with a hub height of 112 m, making them the largest onshore turbines in the country.

The Hsinyuan wind farm is expected to transition to commercial operation in the second quarter of 2024, adding to wpd’s overall installed capacity in Taiwan, which will exceed 500 MW after the project is operational. This strengthens wpd’s position in Taiwan’s renewable energy sector. For more information on the global renewable energy industry, readers can find articles in the latest issue of Energy Global magazine, which covers topics like battery storage, electrical infrastructure, turbine monitoring, and more.

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