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Green Giraffe supported the preparation of winning bids for the Hai Long 2 and 3 projects in the first ever Taiwanese offshore wind tender
Green Giraffe supported the preparation of bids for the Hai Long 2 and 3 projects in the first ever Taiwanese offshore wind auction. In particular, Green Giraffe prepared the financial model, supported project management and bid coordination and performed a strategic review and benchmark review as well as financial analysis up to bid submission. Located in the Taiwan Strait, the projects are owned by Yushan Energy (40%) and Northland Power (60%)
On 22 June 2018, Northland Power and Yushan Energy were awarded a grid connection and tariff of ~75 USD/MWh for 232 MW of additional capacity on Hai Long 2 and a tariff of ~85 USD/MWh for 512 MW on Hai Long 3. This award builds on the 300 MW grid connection and feed-in tariff previously allocated to Hai Long 2 on 30 April 2018. In combination the projects now total 1,044 MW, which is 100% of their potential capacity