Latest News
Latest News
Featured news
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
-
OMNI Features｜TIME: Over-Issuance of Carbon Emission Allowance in South Korea．Singapore to Construct the World's Largest Ocean Carbon Removal Plant．Kaohsiung o Reduce Coal Consumption by 400,000 Tons by End of Year
Mar. 01 2024
OMNI Features｜TIME: Over-Issuance of Carbon Emission Allowance in South Korea．Singapore to Construct the World's Largest Ocean Carbon Removal Plant．Kaohsiung o Reduce Coal Consumption by 400,000 Tons by End of Year
South Korea was one of the first countries in Asia to initiate a carbon trading mechanism. However, due to excessive carbon emission allowance, it has failed to incentivize emission reductions at pollution sources. An article on the TIME website points out that according to data from Seoul-based climate group Plan 1.5, from 2015 to 2022, the top ten emitters (companies) in Korea sold nearly 22 million surplus credits, earning about $357 million. Plan 1.5 analysis reveals that South Korea's "total emission trading scheme" regulates nearly 700 companies. Yet, there were a total of 39.2 million excess carbon emission quotas in 2021 and 2022 combined, equivalent to 6% of South Korea's total emissions in 2022.
-
OMNI Features｜European industry kick off project to scale up offshore solar．RWE sets up offshore fleet service team．EDF to build Dungowan Pumped Hydro Storage Project in New England
Feb. 29 2024
OMNI Features｜European industry kick off project to scale up offshore solar．RWE sets up offshore fleet service team．EDF to build Dungowan Pumped Hydro Storage Project in New England
European industry has started an EU joint industry project (JIP) where floating solar technology is scaled up to standard formats of 150 MW enabling to build GW scale farms, total 16 European companies.
-
OMNI Features｜ExxonMobil Threatens to Scrap World's Largest Blue Hydrogen Project．Iberdrola Deutschland Signs PPA with O2 Telefónica to Supply Electricity from Baltic Eagle Offshore Wind Farm．Malaysian Utility to Build 2.5 GW of HHFS
Feb. 29 2024
OMNI Features｜ExxonMobil Threatens to Scrap World's Largest Blue Hydrogen Project．Iberdrola Deutschland Signs PPA with O2 Telefónica to Supply Electricity from Baltic Eagle Offshore Wind Farm．Malaysian Utility to Build 2.5 GW of HHFS
ExxonMobil has declared that it could cancel its blue hydrogen project at the Baytown refinery in Texas, depending on whether the US Treasury goes through with its draft guidance for clean H2 production to qualify for the $3/kg tax credit.
-
CSBC Indigenous Defense Submarine (IDS) Completes Float-On Operation
Feb. 29 2024
CSBC Indigenous Defense Submarine (IDS) Completes Float-On Operation
The Indigenous Defense Submarine (IDS), also known as the Hai Kun Project (SS-711), is a plan for domestically built defense submarines. The float-on operation took place in the waters of Kaohsiung Port. It was led by Wen-Lon Cheng, the Chairman of CSBC Corporation, Taiwan, and Shu-Kuang Huang, the original convener of the Hai Kun Project team. After 7 hours, the team confirmed that the first-stage watertightness performance, weight control, stability, and compartment pressure loads met the design's expected standards.
-
OMNI Features｜Increased Demand for Oil and Natural Gas in India．Japan's Decarbonization Initiative: Proposal to Expand Offshore Wind Turbines in Exclusive Economic Zones．Solar Panels Installed at Remote Schools in Hualien Generate Over 10,000 kWh Annually
Feb. 27 2024
OMNI Features｜Increased Demand for Oil and Natural Gas in India．Japan's Decarbonization Initiative: Proposal to Expand Offshore Wind Turbines in Exclusive Economic Zones．Solar Panels Installed at Remote Schools in Hualien Generate Over 10,000 kWh Annually
Ministry of Petroleum and Natural Gas (MOPNG) has indicated that India's influence in the global oil market is expected to significantly increase over the next 10 years. The projected daily demand is expected to reach 1.2 million barrels, constituting more than one-third of the global average daily demand of 3.2 million barrels. By 2030, the daily demand is forecasted to reach 6.6 million barrels, making India the largest consumer of oil. India is currently planning large-scale initiatives, including the electrification of automobiles and improving energy efficiency, aiming to control the average growth of gasoline consumption to 0.7% and avoid a significant increase in oil demand.
-
OMNI Features｜Green Power Fukaura Wind Farm Commences Commercial Operation．RenewableUK Reveals 14 UK Offshore Wind Farms Eligible for CFD Auction．Sumitomo Commits to £350m Highlands Cable Factory as Funding Package Agreed
Feb. 26 2024
OMNI Features｜Green Power Fukaura Wind Farm Commences Commercial Operation．RenewableUK Reveals 14 UK Offshore Wind Farms Eligible for CFD Auction．Sumitomo Commits to £350m Highlands Cable Factory as Funding Package Agreed
Green Power Fukaura LLC, established in October 2019, is a Special Purpose Company (SPC) under Green Power Investment Co., Ltd. (GPI). Its Fukaura Wind Farm began commercial operation on February 3rd, marking GPI's 7th developed project.
-
OMNI Features｜Governor Mills Announces Sears Island as Preferred Site for Port of Floating Offshore Wind ．Strata Secures $559 Million Financing for 1 GWh Battery Energy Storage Project in Arizona．Hexicon Acquiring Shell's Stake in 1.1 GW S.Korean Floating Wind Project
Feb. 26 2024
OMNI Features｜Governor Mills Announces Sears Island as Preferred Site for Port of Floating Offshore Wind ．Strata Secures $559 Million Financing for 1 GWh Battery Energy Storage Project in Arizona．Hexicon Acquiring Shell's Stake in 1.1 GW S.Korean Floating Wind Project
On the 20th, Governor Janet Mills of the state of Maine announced the selection of Sears Island as the most viable location for a floating wind energy port facility, based on assessments of factors such as location, logistics, costs, and environmental impacts.
-
OMNI Features｜Singapore Promotes Carbon Reduction: Airlines Required to Use SAF From 2026 / High Demand for CSO Positions in Germany / Giant Tiger Head Bees Build Nests with Sky Lantern Paper Threatening Environmental Ecology
Feb. 23 2024
OMNI Features｜Singapore Promotes Carbon Reduction: Airlines Required to Use SAF From 2026 / High Demand for CSO Positions in Germany / Giant Tiger Head Bees Build Nests with Sky Lantern Paper Threatening Environmental Ecology
The aviation industry accounts for 2% to 3% of global carbon dioxide emissions and is one of the most challenging sectors to decarbonize. Singapore's Transport Minister Chee Hong Tat recently announced that all flights departing from Singapore will be required to use Sustainable Aviation Fuel (SAF) as part of the carbon reduction plan starting from 2026.
