Google has signed an agreement with Copenhagen Infrastructure Partners K/S (CIP) to buy electricity from the Danish firm’s wind farm off Taichung, CIP said in a statement yesterday.
Through its fifth flagship fund, Copenhagen Infrastructure V, CIP and Google last month signed a corporate power purchase agreement to buy power from CIP’s Fengmiao I (渢妙一期) offshore wind project.
It is the first agreement Google has made to buy offshore energy in Taiwan as well as in the Asia-Pacific region, CIP said.
Photo: CNA
Located about 35km off Taichung, the Fengmiao I project secured site exclusivity and 500-megawatt (MW) grid capacity in Taiwan’s Round 3.1 auction and is the first of Taiwan’s Round 3 Offshore Wind Zonal Development projects to reach financial close, as well as start construction.
Giorgio Fortunato, head of clean energy and power for Asia Pacific at Google, said in the statement that the agreement with CIP represented a new chapter for the tech company, as the project would provide reliable electricity to support the firm’s data center, cloud region and offices in Taiwan.
It also represented an integration of offshore wind energy development in Taiwan and Google’s clean energy efforts, Fortunato said.
Fengmiao I is to build 33 units of CIP’s latest 15MW turbines, CIP said, adding that the project is scheduled to be completed by the end of 2027.
Fengmiao I — which has secured about NT$103 billion (US$3.17 billion) in financing from 27 international and Taiwanese banks and is gearing up to push for construction — is CIP’s most recent offshore wind project in Taiwan, after the construction of the Changfang (彰芳), Xidao (西島) and Zhongneng (中能) wind farms off Changhua County.
Thomas Wibe Poulsen, partner and head of Asia Pacific at CIP, said the agreement with Google regarding the Fengmiao I project was the second power purchasing agreement between the two sides.
In December last year, through CIP’s Energy Transition Fund, the two companies signed an agreement to buy renewable energy generated by the Zeevonk project in the Netherlands.
While tapping offshore wind energy in Taiwan, Google last week announced that it had signed a geothermal power purchase agreement with Baseload Power Taiwan Inc (台灣倍速羅得) to support clean energy development — its first such deal in the Asia-Pacific region.
Taiwan’s access to “substantial geothermal resources” could complement other renewable sources such as solar and wind, given the “significant potential” for using underground heat to generate clean electricity, Google said.
Shares of contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) came under pressure yesterday after a report that Apple Inc is looking to shift some orders from the Taiwanese company to Intel Corp. TSMC shares fell NT$55, or 2.4 percent, to close at NT$2,235 on the local main board, Taiwan Stock Exchange data showed. Despite the losses, TSMC is expected to continue to benefit from sound fundamentals, as it maintains a lead over its peers in high-end process development, analysts said. “The selling was a knee-jerk reaction to an Intel-Apple report over the weekend,” Mega International Investment Services Corp (兆豐國際投顧) analyst Alex Huang
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is expected to remain Apple Inc’s primary chip manufacturing partner despite reports that Apple could shift some orders to Intel Corp, industry experts said yesterday. The comments came after The Wall Street Journal reported on Friday that Apple and Intel had reached a preliminary agreement following more than a year of negotiations for Intel to manufacture some chips for Apple devices. Taiwan Institute of Economic Research (台灣經濟研究院) economist Arisa Liu (劉佩真) said TSMC’s advanced packaging technologies, including integrated fan-out and chip-on-wafer-on-substrate, remain critical to the performance of Apple’s A-series and M-series chips. She said Intel and Samsung
POWER BUILDUP: Powered by Nvidia’s B200 Blackwell chips, the data center would support MediaTek’s computing power demand and business growth, the company said Smartphone chip designer MediaTek Inc (聯發科) yesterday launched a new artificial intelligence (AI) data center with a maximum capacity of 45 megawatts to meet its rising demand for computing power required to develop new advanced chips for AI applications. The company has completed the first-phase computing power buildup at the data center in Miaoli County’s Tongluo Township (銅鑼), providing 15 megawatts of capacity to support its research and development (R&D) capabilities, despite an industrywide shortage of key components, MediaTek said. Supply constraints have plagued a wide range of key components, including memory chips, solid-state drives, power supply units and central
TRANSITION: With the closure, the company would reorganize its Taiwanese unit to a sales and service-focused model, Bridgestone said Bridgestone Corp yesterday announced it would cease manufacturing operations at its tire plant in Hsinchu County’s Hukou Township (湖口), affecting more than 500 workers. Bridgestone Taiwan Co (台灣普利司通) said in a statement that the decision was based on the Tokyo-based tire maker’s adjustments to its global operational strategy and long-term market development considerations. The Taiwanese unit would be reorganized as part of the closure, effective yesterday, and all related production activities would be concluded, the statement said. Under the plan, Bridgestone would continue to deepen its presence in the Taiwanese market, while transitioning to a sales and service-focused business model, it added. The Hsinchu