AI & Enterprise
TSMC to buy all power from Taiwan Hai Long offshore wind project for 30 years
TSMC has agreed to buy all electricity generated by the Hai Long offshore wind project in the Taiwan Strait for 30 years, as AI chip demand drives rapid growth in power use. The agreement covers 100 percent of output from three offshore wind farms off Taiwan’s west coast, with capacity exceeding 1 gigawatt. The project is set for full operations in 2027. The move comes as Taiwan weighs energy security risks and accelerates renewables development.
