TSMC has signed a 30-year agreement to purchase all power from the Hai Long offshore wind project, securing over 1GW of renewable energy capacity to address Taiwan's energy crisis. The move comes as Taiwan faces severe energy shortages due to disrupted natural gas supplies from the Middle East, with the country's power grid having lost one-third of its LNG supply. The wind project, which began supplying power in 2025, is crucial for TSMC's operations amid surging AI chip demand and Taiwan's broader energy security concerns.
Background
TSMC is the world's largest semiconductor foundry, producing chips for major tech companies including Apple, Nvidia, and AMD. Taiwan faces unique energy security challenges due to its reliance on imported fossil fuels and geopolitical tensions with China.
- Source
- Ars Technica
- Published
- May 7, 2026 at 05:47 AM
- Score
- 7.0 / 10