Taiwanese developer Synera agrees corporate power purchase agreement

The deal with Star Trade, a power services and energy management provider, follows a CPPA signed with Star Trade for Formosa 4 in late 2025.

With the CPPA for Formosa 6 agreed, Star Trade has contracted more than 10% of the projects’ combined capacity.

SRE said the deal “reflects robust corporate demand for long-term green electricity supply and the growing role of offshore wind in meeting that demand.”

Formosa 6 was awarded 800 MW in the second auction round of Taiwan’s Phase 3 Zonal Development in 2024, and is SRE’s fourth offshore wind project in Taiwan. 

SRE chairperson Lucas Lin said, “With Formosa 4’s capacity fully subscribed late last year, we are pleased to see Formosa 6 reach an important milestone with this CPPA. Backed by steadfast shareholder support, SRE has remained committed to developing, constructing, and operating offshore windfarms in Taiwan for many years.

“That long-term commitment extends beyond our own sustainability ambitions. We work to help green power drive sustainable development by bringing together green electricity supply and market demand. Through our expanded partnership with Star Trade, we can help more businesses in Taiwan access the green electricity they need while supporting the country’s energy transition.”

Formosa 6 is SRE’s first offshore wind project in central Taiwan. Located approximately 35 km off the coast of Xianxi Township, Changhua County, the project is expected to generate enough clean electricity to power approximately 860,000 households annually, contributing to Taiwan’s energy resilience.