In 2020, the initial stage of the project was developed and built by Chenya Energy, a then-subsidiary of HEXA’s current investor, I Squared. It consisted of two plots (1 and 2) with a nameplate capacity of 181 MWac. After the divestment of Chenya Energy in the same year, HEXA progressed with the development of the second stage of this project in collaboration with the Taiwanese government. This involved adding in an additional 192 MWac of power generation. Together, the combined project achieves a remarkable 373 MWac, making it the largest offshore floating solar project in the world.
Driving Taiwan’s Energy Transition
Beyond its impressive scale, HEXA’s floating solar project marks a significant contribution toward Taiwan’s decarbonization targets, which include achieving 20 GW of renewable energy capacity by 2025 and reaching net-zero emissions by 2050. This project offsets 136,000 CO2 emissions annually, supplying renewable energy to approximately 74,000 households in Taiwan.
HEXA’s achievements exemplify the power of public-private partnerships in advancing the clean energy transition. Built on expertise, innovation, and a commitment to sustainability, the project benefits the Taiwanese community by enhancing sustainable energy security while supporting global efforts in the fight against climate change.
