The Electricity Generating Public Company Limited (SET: EGCO) has informed the Stock Exchange of Thailand that Yunlin Offshore Wind Farm (Yunlin Power Plant), operated by Yunneng Wind Power Company Limited, in which EGCO holds a 26.56% stake, has completed full operation since January 30, 2025. All 80 wind turbine generators of the power plant have been completely constructed and installed, successfully generating and supplying electricity to the grid. Yunlin Power Plant is able to fully generate revenue for the shareholders throughout 2025, marking the first full year of revenue recognition.
The 640 MW Yunlin Power Plant is located in the Taiwan Strait, between 8 and 17 kilometers off the west coast of Yunlin County in Taiwan, at water depths in the range of 7 to 35 meters. The 82 square kilometers project area comprises 80 wind turbine generators of which electricity is fed into the Taiwanese power grid via two onshore substations near the townships of Taixi and Sihu. Electricity from the Yunlin power plant is purchased by Taiwan Power Company (TPC) under long-term 20-year power purchase agreements.
Today, as one of the largest offshore wind farms in Taiwan, the Yunlin Power Plant is capable of generating up to 2,400 Gigawatt hours (GWh) of electricity per year, meeting 90% of Yunlin County’s non-industrial electricity demand and reducing CO2 emissions by approximately 1.2 million tons annually. Additionally, the revenue from Yunlin Power Plant contributes to strengthening EGCO’s financial position and increasing the proportion of its renewable energy portfolio. This aligns with the “Triple P” strategy on profitability and performance energizing, which aims to drive sustainable growth while positioning EGCO as a low carbon organization.
