Copenhagen Infrastructure Partners inaugurates its second offshore wind farm in Asia

The inauguration ceremony of Zhong Neng offshore wind project in September 2024.

The Zhong Neng project is located 17 kilometers off the coast of Changhua County in Taiwan and consists of 31 turbines, the first turbine was installed in May 2024. Full grid connection is expected by year-end. When fully operational, Zhong Neng will generate enough renewable energy to power approximately 300,000 local households and will deliver an annual expected CO2 reduction of 550,000 tons.

Zhong Neng is the first offshore wind farm in Taiwan to be completed ahead of schedule and meets the highest localization requirements in the history of Taiwan's offshore wind power sector. It’s also the second offshore wind farm completed in Taiwan in 2024 by CIP, following the inauguration of the 600 MW Changfang & Xidao project in May 2024.

Zhong Neng offshore wind project.

“The completion of CIP’s second offshore wind farm in Taiwan once again demonstrates our joint project execution capabilities to deliver a project that provides renewable, locally produced and affordable power. Much of the credit for this achievement goes to our local partners, the local supply chain and the skilled Zhong Neng project team” said Thomas Wibe Poulsen, Partner at CIP.

In Vietnam, CIP entered the market in early 2019 and is currently developing the La Gan offshore wind project with a total capacity of 3.5GW in Binh Thuan province, and as well some other offshore wind projects in the early stages of development with a total capacity of over 10GW. In March 2024, CIP signed a Memorandum of Understanding for cooperation in renewable energy with Petrovietnam.

About Copenhagen Infrastructure Partners

Founded in 2012, Copenhagen Infrastructure Partners (CIP) today is the world’s largest dedicated fund manager within greenfield renewable energy investments and a global leader in offshore wind. The funds managed by CIP focus on investments in offshore and onshore wind, solar PV, biomass and energy-from-waste, transmission and distribution, reserve capacity, storage, advanced bioenergy, and Power-to-X (batteries, ammonia, green hydrogen etc.).

CIP manages 12 funds and has raised approximately USD 30 billion for investments in energy and has established a market leading renewables pipeline of approximately 120GW of energy projects across technologies and geographies. Almost half of this renewable energy portfolio (over 60GW) constitutes offshore wind.