Hai Long 2A

Northland Power reports that all 73 turbines at the approximately 1 GW Hai Long offshore wind development in Taiwan are installed and generating electricity. The company expects final permitting approvals in the first half of 2027 and says construction costs remain in line with its original expectations. Turbine installation and generation mark progress towards final completion. Hai Long is being developed jointly by Northland Power, Mitsui & Co. and Gentari International Renewables.

Northland Power says its 2.5 GW construction portfolio remains on track. Hai Long has 71 of 73 turbines installed and Baltic Power 61 of 76, while its Jurassic battery project in Alberta has entered final testing and two Polish battery projects totalling 300 MW / 1.2 GWh have started construction.

The Hai Long offshore wind project in Taiwan has completed a NT$55 billion incremental financing package backed by 35 financial institutions, including 11 new lenders. The financing strengthens the capital structure for completing construction and connecting the 1 GW-plus project to the grid by the end of 2026.

Taiwan's 1,022 MW Hai Long offshore wind project has secured CAD$2.4 billion of 20-year debt facilities from 35 financial institutions. About CAD$0.9 billion is additional funding available through completion, while the remaining proceeds replace existing debt.

Northland Power's project update page reports 2026 offshore construction progress including Hai Long 3 installing its first turbine off Changhua and Baltic Power completing all transition pieces while cable and turbine installation work continues off Poland.

Northland Power signed a long-term corporate power purchase agreement with TSMC for additional power from the Hai Long offshore wind project in Taiwan, supporting the economics of the 1,022 MW project's Hai Long 2A, 2B and 3 sites.

Hai Long Offshore Wind said it has completed installation of the first turbine at Hai Long 3, marking a new construction phase for the Taiwanese project and highlighting local industrial participation through Siemens Gamesa assembly in Taichung and offshore installation by CDWE.