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K2 Management supports BlueFloat Energy on floating Taiwanese project

By: Tom Russell 07/11/2022 K2 Management

Floating General Windfarms

K2 Management (K2M) has been selected to support BlueFloat Energy in the development of its first offshore floating wind project in Taiwan ahead of upcoming round three market auction.

With a planned capacity of 1 GW, the wind farm, named ‘Winds of September’, is BlueFloat Energy’s first floating offshore wind project in Taiwan. Located 25km off the coast of Hsinchu County and Hsinchu City, the wind farm will be positioned in an area of around 125km2 at around 70-96m water depth.

K2M initially supported screening for site selection, including work on pre-feasibility wind turbine layout, energy yield analysis and export cable routing. With an eye on 2023, K2M is currently in the process of developing concept designs, supporting procurement and preparing auction proposals, including localisation plans.

Commenting on the appointment Scott Hsu, Country Director, Taiwan & Philippines, K2 Management said: “It is undeniably an exciting time for the Taiwanese offshore wind market and for our team at K2 Management to work with BlueFloat Energy.

“With 15GW to be awarded in the round three auction for installation between 2026-2035 and the long-term target of 40-55GW of installed capacity by 2050, there is incredible potential in this market.

"To ensure the country’s huge ambitions for offshore wind are met, the success of early, pioneering, floating projects such as Winds of September are key to paving the way for larger projects of greater capacity to be developed down the line.”

K2M has a track record of supporting projects across Europe and has previously worked on the Formosa 1 project, Taiwan's first utility-scale offshore wind farm.

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K2 Management supports BlueFloat Energy on floating Taiwanese project

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