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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.
News report
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RWE Signs Framework Agreements for HVDC Systems with Hitachi Energy and Aibel to Secure Capacity for Future Offshore Wind Farms
May. 10 2024
RWE Signs Framework Agreements for HVDC Systems with Hitachi Energy and Aibel to Secure Capacity for Future Offshore Wind Farms
RWE signed Framework Agreements with Hitachi Energy and Aibel for the joint supply of 3 high-voltage direct current (HVDC) systems for RWE offshore wind farms. The agreements are long-term as the secured HVDC systems are designated for offshore wind projects from RWE's global development pipeline, which will be connected to the grid at the beginning of the next decade.
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OMNI Features｜Portugal is Averaging 91% Renewable Electricity in 2024 with Europe's Lowest Power Prices．Biden Administration Announces Initial List of NIETC to Accelerated Transmission Expansion．Singapore's Green Energy Plan Targets 40% Increase in Renewable Energy Capacity by 2035
May. 09 2024
OMNI Features｜Portugal is Averaging 91% Renewable Electricity in 2024 with Europe's Lowest Power Prices．Biden Administration Announces Initial List of NIETC to Accelerated Transmission Expansion．Singapore's Green Energy Plan Targets 40% Increase in Renewable Energy Capacity by 2035
In the first 4 months of 2024, renewables met 91% of Portugal's electricity needs. In March, prices averaged €19.26/MWh, pushing spot power prices to a four-year low. Hydroelectric plants comprised 48% of the electricity mix in the first 4 months of the year, followed by wind at 30%, solar at 7%, and biomass at 6%. Gas output equated to 9% of demand — with gas consumption in the power sector halving from the same period in 2023. Electricity imports and exports with other countries were roughly identical.
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NIRAS to Lead Offshore Wind Environment Assessments for Copenhagen Infrastructure Partner's Philippine Portfolio
May. 08 2024
NIRAS to Lead Offshore Wind Environment Assessments for Copenhagen Infrastructure Partner's Philippine Portfolio
The Philippine Government's commitment to reach 35% of renewable energy in its energy generation mix within the next six years. Copenhagen Offshore Partners (COP) awarded NIRAS the assignment to conduct local Environmental Impact Assessments (EIA) and Environmental Social Impact Assessments (ESIAs) for the offshore wind farm sites in Philippine, of which COP is leading the development and construction activities on behalf of Copenhagen Infrastructure Partners (CIP), a global leader in greenfield renewable energy investments.
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OMNI Features｜Romanian Adopts the Country's First Offshore Wind Energy Law．EBRD Commits €46 Million Funding to 102 MW Wind Farm Project in Romania．Exus Acquires 51 MW Spanish Wind Project from Enhol Group
May. 08 2024
OMNI Features｜Romanian Adopts the Country's First Offshore Wind Energy Law．EBRD Commits €46 Million Funding to 102 MW Wind Farm Project in Romania．Exus Acquires 51 MW Spanish Wind Project from Enhol Group
The Romanian Parliament adopts the country's first Offshore Wind Energy Law. This bill comes at a time when the country needs to assert its energy independence and resilience. Romania aims to develop its first offshore wind farm by 2032.
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OMNI Features｜EU Investment Bank Throws Weight Behind 'Holy Grail' Geothermal Tech．GE Vernova Invests in Xlinks' Morocco - UK Power Project
May. 07 2024
OMNI Features｜EU Investment Bank Throws Weight Behind 'Holy Grail' Geothermal Tech．GE Vernova Invests in Xlinks' Morocco - UK Power Project
European Investment Bank (EIB) has handed Canadian start-up Eavor a €45m ($48m) loan to support the construction of its 'closed-loop' geothermal plant in Germany near Munich. The groundbreaking geothermal technology that promises to provide 'limitless clean power from the Earth's core.' The project had already received a €91.6m grant – around a third of its expected cost – from the EU Innovation Fund last year.
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Korean Offshore Wind Projects Rejected Due to Inadequate Transmission Network Sparking Concerns of Widespread Unemployment
May. 07 2024
Korean Offshore Wind Projects Rejected Due to Inadequate Transmission Network Sparking Concerns of Widespread Unemployment
A series of offshore wind power projects are "not approved" due to insufficient transmission network, raising concerns about widely unemployment.
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Vestas and Zhong Neng Offshore Wind Farm Successfully Load Out Taiwan's First Batch of Localization Wind Turbine on Schedule
May. 07 2024
Vestas and Zhong Neng Offshore Wind Farm Successfully Load Out Taiwan's First Batch of Localization Wind Turbine on Schedule
Vestas announced the successful load out of the first batch of offshore-localized wind turbine in Taiwan in April 2024, in collaboration with Zhong Neng Offshore Wind (hereinafter referred to as Zhong Neng). The offshore wind project was launched as scheduled. The Zhong Neng Offshore Wind Farm, located along the coast of Changhua, has a total installed capacity of approximately 300 MW. Not only has the installation progressed according to plan, but it has also contributed to Vestas' commitment to promoting sustainable development and advancing Taiwan's clean energy industry.
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OMNI Features｜Canada is Expected to Meet its 2030 Carbon Reduction Target Despite a Rise in Carbon Emissions in 2022．90% of Singaporeans Value Integrated Financial and Sustainability Reporting．TWSE Launches New Version of ESG Digital Platform
May. 07 2024
OMNI Features｜Canada is Expected to Meet its 2030 Carbon Reduction Target Despite a Rise in Carbon Emissions in 2022．90% of Singaporeans Value Integrated Financial and Sustainability Reporting．TWSE Launches New Version of ESG Digital Platform
The Canadian government's 2021 greenhouse gas emissions report indicates a decline due to COVID-19 but a slight increase in 2022, still 7.1% below 2005 levels. Steven Guilbeault, the Minister of Environment & Climate Change, stated this demonstrates Canada's progress towards its 2030 emissions reduction goals. The report cites transportation, construction, and some energy sectors as the main contributors to the 2021 carbon increase. However, carbon intensity per unit of GDP continues to decrease. While the oil and gas industry remains the largest emitter, the transportation sector is transitioning with the development of electric vehicles. The government plans to sustain emission reductions through oil and gas emissions limits and investment in the electric vehicle supply chain, with draft regulations expected before fall.
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OMNI Features｜Analysis Report on Offshore Wind Potential in Japan: Fixed-Bottom 70 GW & Floating Wind 2,396 GW．South Korea's Jeollanam-do and 5 Companies Signed an Investment MoU of 3.9 Trillion KRW for Clean Hydrogen Industry Cluster at Myodo
May. 06 2024
OMNI Features｜Analysis Report on Offshore Wind Potential in Japan: Fixed-Bottom 70 GW & Floating Wind 2,396 GW．South Korea's Jeollanam-do and 5 Companies Signed an Investment MoU of 3.9 Trillion KRW for Clean Hydrogen Industry Cluster at Myodo
On April 25th, Mitsubishi Research Institute (MRI) released a research report on offshore wind areas in Japan. The report estimated the total potential area of offshore wind regions, taking into account the density of vessel traffic. The findings revealed a potential equivalent of 70 GW for fixed-bottom offshore wind installations and 2,397 GW for floating offshore wind power.
