The World’s Largest Floating Solar Farm

The world’s largest “floating” solar farm is officially operating off the coast of Taiwan, its developers say.

GlobalData reports that a second phase of the project bolstered its overall capacity to 373 megawatts — setting a new global standard for offshore solar projects.

Phase Two Completed

HEXA Renewables, an independent power producer based in Taiwan, built the project in Changhua County on the island nation’s western coast.

The first phase of the floating solar plant was built in 2020 by Chenya Energy, a former subsidiary of HEXA investor I Squared Capital.

After Chenya Energy was divested by I Squared, HEXA partnered with Taiwan’s government to build the project’s second phase.

Powering More than 70,000 Homes

The project currently spans nearly 350 hectares, according to the report. Officials estimate that it can provide renewable power to some 74,000 Taiwanese homes and reduce carbon dioxide emissions by roughly 136,000 tons per year.

Officials added that the initiative bolstered Taiwan’s renewable energy ecosystem, along with its research into offshore floating energy infrastructure.

Taiwan’s Emissions Goals

Taiwan reportedly hopes to have 20 gigawatts of renewable energy capacity by next year. The country aims to produce net-zero carbon emissions by 2050.

Image Source: Shutter stock / Tom Wang

Related Stories

• Manhattan Project Nuclear Site to Become Solar Farm

• Solar Project at Dulles Airport to Generate 100 Megawatts of Energy

• What Is Solar Energy? Global Market, Manufacturing, and Subsidies