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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｜Swiss Study Finds Climate Change Lengthens Earth's Daytime．California Startup Introduces Low-Carbon, Dairy-Free Butter Made from CO2．Taiwan Launches First Automated Fiber Extraction Facility for Pineapple Leaf Recycling
Jul. 17 2024
OMNI Features｜Swiss Study Finds Climate Change Lengthens Earth's Daytime．California Startup Introduces Low-Carbon, Dairy-Free Butter Made from CO2．Taiwan Launches First Automated Fiber Extraction Facility for Pineapple Leaf Recycling
Swiss researchers led by Mostafa Kiani Shahvandi from Eidgenössische Technische Hochschule Zürich (ETH) report in the Proceedings of the National Academy of Sciences of the USA (PNAS) that climate change is causing Earth's days to lengthen slightly. The melting of polar ice and its flow into the oceans are altering mass distribution across the planet, slowing down Earth's rotation.
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OMNI Features｜SK oceanplant Anticipates Commencement of Deliveries for Taiwan Hai Long and Fengmiao Offshore Projects．Preparations Underway for 2,500-Mile Subsea Power Line Project Linking the UK to Morocco
Jul. 17 2024
OMNI Features｜SK oceanplant Anticipates Commencement of Deliveries for Taiwan Hai Long and Fengmiao Offshore Projects．Preparations Underway for 2,500-Mile Subsea Power Line Project Linking the UK to Morocco
Due to stable sales in its ship and specialized special vessel sectors, SK oceanplant has advanced the increase of offshore wind power-related orders. Starting in the 2nd half of the year, SK oceanplant will begin delivering orders for Taiwan offshore wind projects, with expected growth in performance. According to SK oceanplant, consolidated sales for the second quarter of 2024 are estimated at 218.4 billion KRW, with an operating profit of 13.7 billion KRW, reflecting decreases of 15.3% and 54.4%, respectively, compared to the same period last year.
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OMNI Features｜MOEA Releases 2023 National Electricity Supply and Demand Report．Investment Situation in Taiwan and Overseas from January to June 2024．Akaysha Energy Secures AUD 650 Million in Funding for the Construction of Orana BESS Project
Jul. 16 2024
OMNI Features｜MOEA Releases 2023 National Electricity Supply and Demand Report．Investment Situation in Taiwan and Overseas from January to June 2024．Akaysha Energy Secures AUD 650 Million in Funding for the Construction of Orana BESS Project
On the 15th, the Ministry of Economic Affairs published the "2023 National Electricity Supply and Demand Report," which details the power supply situation for the year. The report takes into account various influencing factors and energy-saving measures while outlining electricity demand and construction plans for the next ten years (2024–2033). It anticipates a growth in electricity demand of approximately 12–13% by 2030. To meet the increasing demands of the AI industry, immediate construction of new units, upgrades to the power grid (substations), and energy storage systems are required to ensure stable power supply, along with a call for societal support for the development of related power facilities.
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Insight Kaohsiung｜Kaohsiung MRT Gangshan-Luzhu RK1 Extension Line Joint Development Project Officially Signed．Executive Yuan Announces the Launch of the 88 Billion New Terminal Project for Kaohsiung Airport．Kaohsiung Mayor States TSMC's Entry into Kaohsiung Will Create 40,000 Job Opportunities
Jul. 15 2024
Insight Kaohsiung｜Kaohsiung MRT Gangshan-Luzhu RK1 Extension Line Joint Development Project Officially Signed．Executive Yuan Announces the Launch of the 88 Billion New Terminal Project for Kaohsiung Airport．Kaohsiung Mayor States TSMC's Entry into Kaohsiung Will Create 40,000 Job Opportunities
The joint land development project for the RK1 station (West Base) of the Kaohsiung MRT Gangshan-Luzhu Extension Line involves an investment of NT$2.7 billion by Dali Development to construct a 23-story commercial and residential building with four underground levels. Dali Development signed the agreement with the city government on July 12, committing to complete the project by 2029, transforming the area into a local gateway.
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OMNI Features｜Vietnam Implements New Legislation Permitting Direct Acquisition of Renewable Energy from July 3．Norway Pursues Enhanced Cooperation with Indonesi Explores Investment Opportunities in Hydropower and CCS．Basianshan Micro-Hydropower Plant Becomes the First Hydropower Green Energy Demonstration Area in National Forest Recreation Areas
Jul. 12 2024
OMNI Features｜Vietnam Implements New Legislation Permitting Direct Acquisition of Renewable Energy from July 3．Norway Pursues Enhanced Cooperation with Indonesi Explores Investment Opportunities in Hydropower and CCS．Basianshan Micro-Hydropower Plant Becomes the First Hydropower Green Energy Demonstration Area in National Forest Recreation Areas
Norway seeks to bolster its partnership with Indonesia and explore investment opportunities in renewable energy sectors, specifically hydropower and carbon capture and storage (CCS). Norwegian Energy Minister Terje Aasland expressed optimism following a meeting with Indonesian Energy Minister Arifin Tasrif in Jakarta earlier this month, acknowledging challenges while underscoring the potential for enhanced collaboration. Norway intends to utilize its expertise in hydropower and carbon capture to aid Indonesia in reducing carbon emissions. Since the onset of the Ukraine conflict in 2022, Norway has emerged as Europe's largest supplier of natural gas and continues to be a leading producer of oil and gas in Western Europe. Norway's inaugural CCS project, "Northern Lights," is slated to commence storage operations next May, following the completion of capacity preparations this year.
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Vietnam Approves Direct Power Purchase Agreement (DPPA) Mechanism for Renewable Projects
Jul. 12 2024
Vietnam Approves Direct Power Purchase Agreement (DPPA) Mechanism for Renewable Projects
The Vietnamese government has approved a mechanism allowing renewable energy developers to sell power directly to consumers through Direct Power Purchase Agreements (DPPA). Deputy Prime Minister Tran Hong Ha signed this mechanism on July 3, and detailed documents were released on July 4.
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BloombergNEF to Host "BNEF Taiwan Forum 2024: Shaping Taiwan into an Asia-Pacific Green Energy Technology Hub"
Jul. 12 2024 BloombergNEF to Host "BNEF Taiwan Forum 2024: Shaping Taiwan into an Asia-Pacific Green Energy Technology Hub" Bloomberg New Energy Finance (BloombergNEF) will host the "BNEF Taiwan Forum 2024: Shaping Taiwan into an Asia-Pacific Green Energy Technology Hub" on August 14.
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Ørsted Named Asia's Best Employer for 4 Years in a Row Ｗins First Sustainable Workplace Award
Jul. 11 2024
Ørsted Named Asia's Best Employer for 4 Years in a Row Ｗins First Sustainable Workplace Award
Global offshore wind leader Ørsted was named today (10) as one of the "Best Companies To Work For In Asia" at the HR Asia Award 2024. Standing out among nearly 370 participating companies, Ørsted has received this accolade for the fourth consecutive year. Moreover, Ørsted's exceptional commitment to sustainability has made it stood out in the top 20 % of all awardees and earned it the "HR Asia Sustainable Workplace Award", a category newly introduced this year.
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Insight Kaohsiung｜CSC Enhances Resilience of Entire Plant's Power System．Run Long Construction Actively Expands Southward; Acquiring King's Town Construction Land in Kaohsiung's Lingya District for 1.3 Billion．wo Kaohsiung Restaurants Make it to Michelin's New July Listings
Jul. 11 2024
Insight Kaohsiung｜CSC Enhances Resilience of Entire Plant's Power System．Run Long Construction Actively Expands Southward; Acquiring King's Town Construction Land in Kaohsiung's Lingya District for 1.3 Billion．wo Kaohsiung Restaurants Make it to Michelin's New July Listings
China Steel Corporation (CSC) plans to invest NT$1.55 billion over the 5-year period from 2022 to 2026 to enhance the resilience of its entire power system. This includes efforts to increase the proportion of renewable energy, establish energy storage facilities, develop a microgrid within the plant, strengthen the resilience of power generation units, and apply AI smart modules for electricity management. The initiatives completed to date have not only reduced costs by NT$32.15 million annually but also significantly improved the robustness and reliability of various key power subsystems throughout the plant.
