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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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OMNI Features｜RIC Energy to Build California's Largest Green Hydrogen Facility in the Mojave Desert．Korea Energy Agency Announces 2024 Wind and Solar Fixed-Price Bidding
Oct. 25 2024
OMNI Features｜RIC Energy to Build California's Largest Green Hydrogen Facility in the Mojave Desert．Korea Energy Agency Announces 2024 Wind and Solar Fixed-Price Bidding
RIC Energy, a Spanish solar developer, plans to construct California's largest green hydrogen facility at the Cadiz Ranch in the Mojave Desert. This project will involve a 100-120 MW electrolyser powered by 700MW-1GW of solar energy, supplemented by approximately 1GWh of battery storage. Cadiz Ranch, owned by Cadiz Inc., will supply 500 acre-feet of water annually for electrolysis, supporting sustainable energy production for California's transport, industrial, and power sectors.
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OMNI Features｜SunCable's AAPowerLink Receives Singapore's Approval to Import Renewable Energy．Germany's PNE AG Sets Plans for USD 4.6 Billion Offshore Wind Project in Binh Dinh Province, Vietnam
Oct. 24 2024
OMNI Features｜SunCable's AAPowerLink Receives Singapore's Approval to Import Renewable Energy．Germany's PNE AG Sets Plans for USD 4.6 Billion Offshore Wind Project in Binh Dinh Province, Vietnam
The Australia-Asia Power Link (AAPowerLink) has received conditional approval from Singapore's Energy Market Authority (EMA), allowing the import of renewable energy. SunCable, the project owner, confirmed that the approval followed the confirmation of the project’s technical and commercial viability.
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EDF Renewables and NCKU Sign MOU to Boost Floating Offshore Wind Development in Taiwan
Oct. 23 2024
EDF Renewables and NCKU Sign MOU to Boost Floating Offshore Wind Development in Taiwan
EDF Renewables and National Cheng Kung University (NCKU) signed a Memorandum of Understanding (MOU) today (23rd). The MOU aims to strengthen cooperation in offshore wind technology research and talent development, accelerating the growth of floating offshore wind power in Taiwan.
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Cathay Life Insurance Invests NT$27.32 Billion in Ørsted's Greater Changhua 4 Offshore Wind Farm Setting the Largest Wind Energy Investment in Life Insurance Sector
Oct. 22 2024
Cathay Life Insurance Invests NT$27.32 Billion in Ørsted's Greater Changhua 4 Offshore Wind Farm Setting the Largest Wind Energy Investment in Life Insurance Sector
Cathay Financial Holdings, through its subsidiary Cathay Life Insurance, announced today that it intends to invest in Ørsted's Greater Changhua 4 - North West Offshore Wind Farm via Cathay Wind Power and Cathay Power. The company has obtained approval from the Financial Supervisory Commission (FSC), with the transaction amount not exceeding NT$27.32 billion, marking the largest investment by the domestic life insurance sector in wind power to date.
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OMNI Features｜New JV between SunDrive Solar and Trinasolar to Enhance Australia's Solar Production Capabilities．BP Considers Sale of Offshore Wind Stake Amid to Minimize Investments Required
Oct. 22 2024
OMNI Features｜New JV between SunDrive Solar and Trinasolar to Enhance Australia's Solar Production Capabilities．BP Considers Sale of Offshore Wind Stake Amid to Minimize Investments Required
SunDrive Solar, Australia's solar innovation leader, has partnered with global solar giant Trinasolar to form a joint venture (JV) focused on advancing solar manufacturing capabilities in Australia. This collaboration aims to establish Australia as a global hub for cutting-edge solar technology, producing advanced solar modules locally. SunDrive CEO Natalie Malligan highlighted the partnership demonstrates SunDrive and Trinasolar's mutual belief.
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OMNI Features｜China's Solar Industry Faces Overcapacity Crisis．KK Wind Solutions Signs 5-Year Global Service Deal with Vestas
Oct. 21 2024
OMNI Features｜China's Solar Industry Faces Overcapacity Crisis．KK Wind Solutions Signs 5-Year Global Service Deal with Vestas
China's solar industry is grappling with severe overcapacity, leading to a sharp decline in new projects and a wave of bankruptcies. In the first half of the year, the number of new solar manufacturing projects fell by over 75%, according to the China Photovoltaic Industry Association (CPIA), with more than 20 projects canceled or suspended.
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OMNI Features｜Tesco to Procure Two-Thirds of Cleve Hill Solar Project for Supermarket Chain Energy Supply．Akita Residents Question Local Economic Benefits of Wind Power as Profits Flow Elsewhere．Five Major South Korean Offshore Wind Projects to Rely on Chinese-Supplied Equipment
Oct. 17 2024
OMNI Features｜Tesco to Procure Two-Thirds of Cleve Hill Solar Project for Supermarket Chain Energy Supply．Akita Residents Question Local Economic Benefits of Wind Power as Profits Flow Elsewhere．Five Major South Korean Offshore Wind Projects to Rely on Chinese-Supplied Equipment
Tesco has entered into a significant agreement to purchase nearly two-thirds of the energy produced by the Cleve Hill solar park in Kent, which will be the UK's largest solar and battery storage project. This deal will enable Tesco to meet up to 10% of its annual electricity demand, providing power for 144 of its large supermarkets. Built by Quinbrook Infrastructure Partners, the £450 million solar park is expected to be operational by early next year.
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OMNI Features｜Equinor Acquires 9.8% Stake in Ørsted A/S and Becomes the 2nd-Largest Shareholder．Norwegian TGS Halts Australia's Largest Offshore 3D Seismic Survey．HD Hyundai Heavy Industries' Offshore Wind Floater Model Earns ABS Approval
Oct. 16 2024
OMNI Features｜Equinor Acquires 9.8% Stake in Ørsted A/S and Becomes the 2nd-Largest Shareholder．Norwegian TGS Halts Australia's Largest Offshore 3D Seismic Survey．HD Hyundai Heavy Industries' Offshore Wind Floater Model Earns ABS Approval
Equinor ASA has acquired 41,197,344 shares in Ørsted A/S, representing 9.8% of the company's shares and voting rights. This purchase makes Equinor the second-largest shareholder in Ørsted, following the Danish State, which retains a controlling interest.
