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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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Foxwell Power Outlines Two Core Principles for Private Equity Investment Targeting Scaled Revenue and Profit Growth
May. 21 2025
Foxwell Power Outlines Two Core Principles for Private Equity Investment Targeting Scaled Revenue and Profit Growth
On May 21, Foxwell Power held its 2025 Annual Shareholders' Meeting, during which all proposals were approved, including a cash dividend of NT$1 per share. The meeting also approved a plan to expand private placement capital increase, issuing up to 15 million shares to accelerate collaboration with strategic investors and strengthen working capital. This initiative follows the recent strategic partnership with Smart Power System Co. and marks the next phase of investment and acquisition plans.
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Taiwan in the Zero-Nuclear Era: Exploring the Potential and Role of Nuclear Fusion in Future Energy Strategy
May. 16 2025
Taiwan in the Zero-Nuclear Era: Exploring the Potential and Role of Nuclear Fusion in Future Energy Strategy
After Taiwan officially entered the "zero-nuclear power" era, nuclear fusion technology has emerged as a new focal point in the country's energy transition. In response to growing domestic and international attention on the development of new energy sources, the "2025 Nuclear Fusion Forum" was co-hosted by the Taiwan Institute for Sustainable Energy (TAISE), U.S.-based Alpha Ring, and the Taiwan Net Zero Emissions Association (TNZEA). The forum was grandly held on May 16 at the Chang Yung-Fa Foundation, drawing nearly 300 participants from the energy, academic, and industrial sectors.
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Japan's Behind-the-Meter Energy Storage Market Gains Momentum NextDrive Climbs to Third in National Rankings
May. 15 2025
Japan's Behind-the-Meter Energy Storage Market Gains Momentum NextDrive Climbs to Third in National Rankings
Japan's behind-the-meter (BTM) energy storage market is entering a period of policy-driven growth. With the support of government subsidies and rising residential demand, the market is rapidly heating up, and applications and distribution channels are expanding in parallel. Taiwan-based energy IoT platform provider NextDrive has capitalized on this trend with early strategic deployment. The company has established partnerships with leading Japanese residential energy storage brands, including Choshu Industry and Hanwha Japan, climbing to the third place in market share and aiming to challenge for the second by 2025.
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Go Net Zero & Go Green Forum：Industry and Government Unite to Advance from Pledges to Concrete Climate Action
May. 14 2025
Go Net Zero & Go Green Forum：Industry and Government Unite to Advance from Pledges to Concrete Climate Action
The 2025 United Nations Climate Change Conference (COP30) will convene in November in Belém, Brazil. COP30 president André Corrêa do Lago stressed that climate summits must move from words to real action. In response to such a vision and to promote action-oriented climate strategies, the Green Energy and Sustainability Alliance (GESA) under SEMI is hosting the "Go Net Zero & Go Green Forum" on May 14. With real actions at its core, the forum gathers state institutions, semiconductor giants, and key leaders from low-carbon energy and sustainable technologies to discuss sustainable power development, carbon management, green manufacturing, low-carbon technologies, SAF, water resource sustainability, and multiple sources of green energy. The forum explores in depth how Taiwan can accelerate substantive GHG reduction with policy and technology.
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SRE Increases Stake in Formosa 2 Offshore Wind Project Boosting Confidence in the Offshore Wind Market
May. 13 2025
SRE Increases Stake in Formosa 2 Offshore Wind Project Boosting Confidence in the Offshore Wind Market
Synera Renewable Energy (SRE), a leading offshore wind developer in Asia, announced on May 13 the completion of its equity acquisition in Formosa 2 Offshore Wind Farm. Following the transaction, SRE has increased its stake from 25% to 51%, becoming the largest shareholder of the project. Amid global geopolitical and economic uncertainties, this move is highly significant: it not only reflects the company's continued confidence in the operational potential of the project and its firm commitment to Taiwan's green energy development, but also sends a clear signal to the offshore wind market. This action contributes to maintaining order and ensuring long-term stability in the local offshore wind industry.
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Amendment to Nuclear Regulation Act Passed Reinforcing Nuclear Safety as the Highest Priority
May. 13 2025
Amendment to Nuclear Regulation Act Passed Reinforcing Nuclear Safety as the Highest Priority
On May 13th, the Legislative Yuan passed the amendment to Article 6 of the Nuclear Reactor Facilities Regulation Act. This amendment provides a legal basis for nuclear power plants to apply for life extension or reactivation. However, further steps are required, including the amendment of implementation regulations and relevant nuclear safety inspection requirements by the competent authority. Only then can Taipower proceed with evaluations. The current operating licenses remain valid for 40 years, meaning power plants must still shut down upon license expiration.
