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OMNI Features|Singapore Offshore Wind Services Outfit Plans to Spend $US1bn in Australian Market.Sumitomo and JGC Plan Mass Production of Floating Wind Components.Residents of Yeonggwang Jeollanam-do Demand Rejection of Designation for Sinan Offshore Wind Transmission Line Cluster
Aug. 02 2024
OMNI Features|Singapore Offshore Wind Services Outfit Plans to Spend $US1bn in Australian Market.Sumitomo and JGC Plan Mass Production of Floating Wind Components.Residents of Yeonggwang Jeollanam-do Demand Rejection of Designation for Sinan Offshore Wind Transmission Line Cluster
Cyan Renewables, headquartered in Singapore, has committed to investing $1 billion in Australia's offshore wind industry following its acquisition of the Australian marine services provider MMA Offshore. This acquisition is regarded as the largest privatization deal in the region's offshore wind service sector and will strengthen Cyan's influence in the Asia-Pacific area. Cyan plans to invest in establishing a specialized fleet of support vessels for wind farms to facilitate the entire lifecycle from installation to maintenance.
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OMNI Features|Egypt Considers Floating Solar to Achieve 45 GW Renewable Energy Target.AL Energy Publishes Study on South Korea's Offshore Wind Project Completion Timeline and Cumulative Installation Forecast.BOEM Releases Final EIS for Maryland Offshore Wind Project
Aug. 01 2024
OMNI Features|Egypt Considers Floating Solar to Achieve 45 GW Renewable Energy Target.AL Energy Publishes Study on South Korea's Offshore Wind Project Completion Timeline and Cumulative Installation Forecast.BOEM Releases Final EIS for Maryland Offshore Wind Project
Mahmoud Esmat, the newly appointed Minister of Electricity and Renewable Energy, stated that Egypt plans to achieve 45 GW of renewable energy capacity. In addition to ongoing and future projects, new initiatives such as floating solar are also being considered to meet this target. Currently, Egypt's total operational renewable energy capacity is approximately 4.6 GW, primarily sourced from wind and solar power, while hydropower capacity reaches 2.83 GW.
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British Standards Institution (BSI) Awards WFE the First ISO 14068-1 Carbon Neutrality Verification Certificate
Jul. 31 2024
British Standards Institution (BSI) Awards WFE the First ISO 14068-1 Carbon Neutrality Verification Certificate
The British Standards Institution (BSI) has announced that the Taiwan Stock Exchange (TWSE) has been awarded the first ISO 14068-1:2023 carbon neutrality verification certificate (Climate Change Management - Transition to Net Zero Part 1: Carbon Neutrality) by the World Federation of Exchanges (WFE).
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The MOEA Previews Amendments to the Energy Administration Act to Enhance Legal Framework for Energy Conservation and Promote Deep Energy Saving
Jul. 31 2024
The MOEA Previews Amendments to the Energy Administration Act to Enhance Legal Framework for Energy Conservation and Promote Deep Energy Saving
In response to the current phase of strengthening energy demand management to improve energy efficiency, the Taiwan Ministry of Economic Affairs has drafted amendments to the Energy Administration Act and officially announced it on July 30, 2024.
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Vena Energy's "Green Seed Summer Camp" Promotes Taiwan-Japan Green Energy Exchange
Jul. 30 2024
Vena Energy's "Green Seed Summer Camp" Promotes Taiwan-Japan Green Energy Exchange
To foster high school student's understanding of sustainability and the green energy industry, Vena Energy is organizing the "2024 Green Seed Summer Camp." The event will be held on August 21, 2024, at Vena's Chiayi Yizhu Solar Plant and Ecological Conservation Site. Registration is open until August 5. Participants will have the opportunity to gain hands-on experience at the solar plant, enhancing their knowledge of green energy.
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OMNI Features|Toyota to Establish New EV Battery Plant in Japan's "Silicon Island" Kyushu.SK oceanplant and Anma Offshore Wind Power Renew Substructure Contract.Komai Haltec Plans to Manufacture Offshore Wind Turbine Towers in Chiba
Jul. 29 2024
OMNI Features|Toyota to Establish New EV Battery Plant in Japan's "Silicon Island" Kyushu.SK oceanplant and Anma Offshore Wind Power Renew Substructure Contract.Komai Haltec Plans to Manufacture Offshore Wind Turbine Towers in Chiba
Toyota Motor has announced it will make 5 trillion yen ($32 billion) in EV-related investments by 2030. Toyota already has battery plants in the prefectures of Aichi, Hyogo, and Shizuoka and plans to construct an EV battery plant in Kyushu. Toyota intends to invest 300 billion yen in its joint venture with Panasonic Holdings, the Himeji plant.
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EU Challenges Taiwan's Discriminatory Rules on Local Content regarding Offshore Wind Projects MOEA: Exploring Prospects for Opening Up
Jul. 28 2024
EU Challenges Taiwan's Discriminatory Rules on Local Content regarding Offshore Wind Projects MOEA: Exploring Prospects for Opening Up
The EU (26th) has requested dispute settlement consultations at the WTO concerning Taiwan's use of local content criteria for offshore wind energy projects. The EU is committed to leading the global green transition and, as such, welcomes Taiwan's efforts to support green energy. However, such efforts must respect the global level playing field and comply with international trade rules. In the view of the EU, Taiwan's local content eligibility and award criteria in energy capacity allocation auctions for offshore wind farms are inconsistent with its WTO commitment to not discriminate against imported goods and services.
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Typhoon Gaemi Strikes: Taipower's 6,000 Staff Continuously Repairing and On Standby; Wind Power Output and Distributed Microgrid Effectiveness Highlighted
Jul. 26 2024
Typhoon Gaemi Strikes: Taipower's 6,000 Staff Continuously Repairing and On Standby; Wind Power Output and Distributed Microgrid Effectiveness Highlighted
As Typhoon Gaemi made landfall, Taiwan experienced significant increases in wind speeds, reaching gusts of up to Force 8 to 10 along the western coastal areas. Taipower reported that at 12:36 PM on the 25th, instantaneous wind power output peaked at 2 million kW, although not breaking records, it constituted 7% to 8% of the total electricity generation, equivalent to the output of the Third Nuclear Power Plant.
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MOEA Minister J.W. Kuo Calls for Relaxation of Offshore Wind Localization Requirements Emphasizes Geothermal and Hydrogen Energy Development, and AI Engineer Training
Jul. 26 2024
MOEA Minister J.W. Kuo Calls for Relaxation of Offshore Wind Localization Requirements Emphasizes Geothermal and Hydrogen Energy Development, and AI Engineer Training
In a recent local media interview, Minister J.W Guo of MOEA discussed Taiwan's energy development plans. Amid the country's entry into the Phase 3-2 (the zonal development) of offshore wind farm development, the inflationary impact triggered by the Russia-Ukraine conflict has intensified construction costs, prompting developers to urge the government to review localization policies. Originally, Phase 3-1 required a 60% localization ratio, but Phase 3-2 has allowed developers greater flexibility by adopting a fully elective approach, albeit still seen as insufficiently flexible by developers.