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UK–Taiwan Celebrate 20 Years of Renewable Energy Partnership; Advancing Toward a Net-Zero Future
Apr. 09 2026
UK–Taiwan Celebrate 20 Years of Renewable Energy Partnership; Advancing Toward a Net-Zero Future
The British Office Taipei and Taiwan's Energy Administration under the Ministry of Economic Affairs jointly hosted the "UK–Taiwan 20th Anniversary Renewable Energy Gala Dinner" on April 1, 2026, at the Grand Hyatt Taipei. The event brought together senior government officials and industry representatives from both sides. UK Trade Envoy to Taiwan, Lord Faulkner of Worcester, and Director-General Chuang Ming-chi attended the event, marking two decades of close collaboration and celebrating the remarkable evolution of offshore wind energy from early-stage planning to a mature industry.
Taiwan Launches Round 3 Offshore Wind Zonal Development Auction Mechanism with 3.6GW Capacity Target
Mar. 31 2026
Taiwan Launches Round 3 Offshore Wind Zonal Development Auction Mechanism with 3.6GW Capacity Target
On the 27th, the MOEA announced the "Directions for Allocating Installed Capacity of Offshore Wind Potential Zones" guidelines for offshore wind zonal development Round 3, following 2 briefing sessions and 3 stakeholder consultation meetings. The application process will commence on April 1, 2026, with a six-month preparation period provided to developers. Submissions will close on September 30, and the selection results are scheduled to be announced before the end of the year.
AI-driven Fossil Power Growth for Taiwan Semiconductors Risks 90 lives, Half a Billion USD in Economic Losses by 2030
Mar. 25 2026
AI-driven Fossil Power Growth for Taiwan Semiconductors Risks 90 lives, Half a Billion USD in Economic Losses by 2030
A joint report by the Centre for Research on Energy and Clean Air (CREA) and Greenpeace estimates that continued reliance on fossil-based electricity could result in approximately 90 premature deaths, 19,000 work absences, and 277 cases of childhood asthma, alongside economic losses of up to USD 500 million by 2030.
Formosa 2 Achieves Landmark Refinancing, Setting Multiple Milestones for Taiwan and APAC Offshore Wind
Mar. 25 2026
Formosa 2 Achieves Landmark Refinancing, Setting Multiple Milestones for Taiwan and APAC Offshore Wind
Formosa 2 Offshore Wind Farm (Formosa 2) on 23rd announced the successful completion of its refinancing, securing approximately NT$58.9 billion. This transaction marks the first completed offshore wind refinancing in both Taiwan and the Asia-Pacific region. The deal received an enthusiastic response from the financial market, achieving more than two times oversubscription and setting a new benchmark in Taiwan's offshore wind financing history.
South Korea Introduces Government-Led Offshore Wind Zoning System to Streamline Development
Mar. 24 2026
South Korea Introduces Government-Led Offshore Wind Zoning System to Streamline Development
The South Korean government is set to overhaul its offshore wind power development framework by introducing a planned site designation system, under which suitable locations will be identified in advance by the state. In parallel, a pan-governmental integrated body will handle permitting procedures in a streamlined manner, replacing the fragmented approval process previously led by private developers.
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Offshore Wind Round 3.3: Strengthening Financial Viability to Power a Sustainable Future
Jun. 12 2025
Offshore Wind Round 3.3: Strengthening Financial Viability to Power a Sustainable Future
The 2025 Europe-Taiwan Forum on Environment and Science concluded successfully on June 12 at the NTU International Convention Center, focusing on Offshore Wind 3.3, AI data centers, and new renewable energy regulations. The event aimed to advance Taiwan's offshore wind policies to ensure a reliable supply of renewable energy for local industries and to fulfill Taiwan's global carbon reduction commitments.
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Mackay Memorial Hospital Optimizes Energy Management and Supports the Energy Transition via Enel X's Virtual Power Plant
Jun. 10 2025
Mackay Memorial Hospital Optimizes Energy Management and Supports the Energy Transition via Enel X's Virtual Power Plant
MacKay Memorial Hospital, a leading institution in Taiwan's healthcare sector, is taking a significant step toward its sustainability goals by joining Enel X Taiwan's Virtual Power Plant (VPP) - the largest Demand Response VPP in the country. Through this collaboration, MacKay Hospital will contribute its flexible energy demand to the Taiwan Power Company's Energy Trading Platform, supporting grid stability and the broader energy transition. Enabled by Enel X's advanced energy solutions, the partnership will help the hospital optimize energy efficiency, meet national energy-saving policies, and further its strong commitment to ESG and sustainability leadership.
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Lightsource bp Secures Financing for First Project in Taiwan and Debut Global Pilot in Aquavoltaics
Jun. 10 2025
Lightsource bp Secures Financing for First Project in Taiwan and Debut Global Pilot in Aquavoltaics
Lightsource bp, a leading developer and manager of global onshore renewable energy projects, has secured around TWD 6 billion in financing for its 115MWp fishery solar project in Budai and Yizhu Townships within Chiayi County, Taiwan, with construction set to begin in June 2025.
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HDRE Posts May Revenue of NT$586 Million Marking 171.9% Year-on-Year Growth
Jun. 09 2025
HDRE Posts May Revenue of NT$586 Million Marking 171.9% Year-on-Year Growth
Smart energy leader HD Renewable Energy (HDRE) announced its consolidated revenue for May 2025, reaching NTD 586 million for the month. This represents a 12.28% decrease compared to April, but a significant 171.90% increase compared to the same period last year. As of the end of May, cumulative revenue for 2025 totaled NTD 2.721 billion, reflecting a year-on-year growth of 117.83%.
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Guantang LNG Terminal Completes Early Gas Supply Test Achieves Output Capacity of 900 Tons per Hour
Jun. 09 2025
Guantang LNG Terminal Completes Early Gas Supply Test Achieves Output Capacity of 900 Tons per Hour
The testing and commissioning of CPC Taiwan's Guantang LNG Terminal is progressing ahead of schedule. On June 6, 2025, the terminal successfully completed a test of its natural gas output capacity at 900 tons per hour. This milestone was reached one week earlier than originally planned, demonstrating CPC's commitment to supporting the government's domestic energy transition policies and ensuring a stable gas supply.
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Ministry of Environment Proposes Carbon Border Adjustment Mechanism Initiates with Pilot Declaration System
Jun. 09 2025
Ministry of Environment Proposes Carbon Border Adjustment Mechanism Initiates with Pilot Declaration System
In response to media reports about domestic manufacturers facing pressure from the introduction of carbon fees and low-priced imports, while Taiwan's Carbon Border Adjustment Mechanism (CBAM) appears to lack progress, the Ministry of Environment (MOENV) clarified that it is currently studying international carbon pricing schemes as a foundation for developing a domestic CBAM framework. In 2025, the MOENV is planning to introduce a trial declaration system and aims to complete the necessary legislative work in 2026 to launch the trial. The MOENV will continue to monitor the legal and implementation developments of CBAMs globally and make necessary adjustments to ensure fair competition for domestic industries and importers.
