Singapore-based HEXA Renewables, in partnership with Taiwan’s government and backed by global infrastructure fund I Squared Capital, has commissioned the “world’s largest offshore floating solar power plant” in Changhua County, Taiwan.
Spanning 347 hectares across four plots, the 373 MWac (megawatt alternating current) installation marks a milestone in offshore solar technology, HEXA Renewables said.
The project builds on an initial 181 MWac phase developed and built by Chenya Energy, previously a subsidiary of I Squared, in 2020. Following the divestment of Chenya, HEXA took charge of the second development stage, adding another 192 MWac in cooperation with the Taiwanese government.
Together, these installations bring the project to a record-setting 373 MWac, now regarded by the company as the “largest offshore floating solar power plant in the world”.
In line with Taiwan’s decarbonization targets of achieving 20 GW of renewable capacity by 2025 and reaching net-zero emissions by 2050, HEXA’s floating solar facility is expected to offset 136,000 tons of CO2 annually, powering around 74,000 Taiwanese households.
“Together, we are building a brighter, cleaner future for Taiwan and the world! ” HEXA Renewables stated in a social media post.
By boosting Taiwan’s renewable infrastructure, HEXA’s initiative adds to both local energy security and international climate goals.
In February, HEXA Renewables and Ciel & Terre Taiwan completed one of Taiwan’s largest near-shore floating solar installations at the Changbin Industrial Park in Changhua County.
Solar PV capacity expansions are becoming a pillar of Southeast Asia’s renewable energy strategy, with floating solar seen as a solution to limited land availability and a way to grow green energy capacity without deforestation, according to Rystad Energy.