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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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Accumulating Capability Over Half a Century: CSBC Moves Towards Diversified Operations
Jan. 22 2024
Accumulating Capability Over Half a Century: CSBC Moves Towards Diversified Operations
CSBC Chairman Wen-Lon Cheng, representing "CSBC Coating Solutions Co., Ltd.," "CSBC Power Technology Co., Ltd," and "CSBC-DEME Wind Engineering Co. Ltd." (hereinafter referred to as CDWE), along with relevant executives from the 3 subsidiaries and joint ventures, held the "Annual Media Banquet" simultaneously in Taipei and Kaohsiung today (22nd). Cheng shared the future vision of the CSBC Group with investors and the community, steering towards a sustainable course for its centennial history.
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Public Hearing for the Draft of FIT Rate and Calculation Formula for 2024 Taiwan Renewable Energy
Jan. 19 2024
Public Hearing for the Draft of FIT Rate and Calculation Formula for 2024 Taiwan Renewable Energy
Initial formulations for the rate calculations in the 2024 Taiwan Renewable Energy FIT Rate Draft have been outlined. A public hearing regarding the calculation formulas is set to take place on January 22.
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OMNI Features｜UK Study Shows AI Technology Could Revolutionise CCS Systems / North Macedonia Proposes Joint Construction of Negotino Gas-hydrogen Power Plant with Neighboring Countries / Taipower Initiates Green Energy Sandbox Project
Jan. 19 2024
OMNI Features｜UK Study Shows AI Technology Could Revolutionise CCS Systems / North Macedonia Proposes Joint Construction of Negotino Gas-hydrogen Power Plant with Neighboring Countries / Taipower Initiates Green Energy Sandbox Project
Research from the university's School of Chemistry and Chemical Engineering demonstrated that when AI and machine learning tools are employed in carbon capture systems, they could capture 16.7% more carbon dioxide (CO₂) from the atmosphere and use 36.3% less energy from the UK's National Grid.
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OMNI Features｜METCentre Announces Tender for Floating Offshore Wind Test Slot．Ørsted Awards Blade Inspection and Repair Contracts with RTS Wind for German Offshore Wind Farms
Jan. 19 2024
OMNI Features｜METCentre Announces Tender for Floating Offshore Wind Test Slot．Ørsted Awards Blade Inspection and Repair Contracts with RTS Wind for German Offshore Wind Farms
The Marine Energy Test Centre (METCentre) for floating offshore wind has an available berth. METCentre is now announcing a tender process with qualitative criteria to ensure that a new test project contributes to positive ripple effects for the offshore wind industry.
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OMNI Features｜Finland's Green Deal Agreement Promotes Zero-Emission Construction Sites / Saudi Arabia and Egypt Sign $1.5 Billion Wind Power Agreement / Taipower Forecasts Industrial Recovery in Q2
Jan. 18 2024
OMNI Features｜Finland's Green Deal Agreement Promotes Zero-Emission Construction Sites / Saudi Arabia and Egypt Sign $1.5 Billion Wind Power Agreement / Taipower Forecasts Industrial Recovery in Q2
Finland's "Voluntary Green Deal Agreement" is making significant progress toward achieving zero emissions in construction zones. All construction companies consider zero emissions at construction sites a crucial aspect of their operations. Utilizing monitoring systems, over half of the construction areas operate heavy machinery with no fossil fuel, reducing harmful exhaust emissions.
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OMNI Features｜Transition Bonds Issued by Kawasaki Set to Drive Advancements in Hydrogen Projects．Iberdrola and NBIM Boost Alliance with €2B Renewable Energy Investment / Barclays Establishes Energy Transition Group to Support Net Zero
Jan. 18 2024
OMNI Features｜Transition Bonds Issued by Kawasaki Set to Drive Advancements in Hydrogen Projects．Iberdrola and NBIM Boost Alliance with €2B Renewable Energy Investment / Barclays Establishes Energy Transition Group to Support Net Zero
Japan's Kawasaki Heavy Industries is set to issue transition bonds, with funds raised through public offerings of these bonds domestically within Japan to be used for projects related to the clean transport and storage of hydrogen and clean energy utilization of hydrogen. Specific solutions include liquefied hydrogen carriers, liquefied hydrogen storage tanks and hydrogen gas turbines for power generation. Kawasaki announced its first transition bond issuance as a means of financing via the fund-raising framework "Master Framework Agreement (MSA) [1]," which the company established in November 2023. The bond issuance amounts to ¥10 billion ($68.55 million), with the issuance period planned for February 2024. The bond term is 5 years.
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Ørsted Taiwan Launches "Sustainable Innovation Accelerator" Nurturing Talents for Wind Industry
Jan. 18 2024
Ørsted Taiwan Launches "Sustainable Innovation Accelerator" Nurturing Talents for Wind Industry
Ørsted launched the "Sustainable Innovation Accelerator (SIA)" competition today (18) in collaboration with the Metal Industries Research & Development Centre (MIRDC). The competition seeks innovative proposals related to the offshore wind industry. Teams that qualify will receive activation funds and one-on-one guidance from experts in the wind energy sector to optimize their proposals. The winning team can receive a maximum prize of NTD 500,000. Submissions are open from now until April 30.
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OMNI Features｜Turkey Plans to Become EU's 3rd-Largest in Natural Gas Storage Capacity / U.S. Natural Gas Production Hits 11-Month Low Due to Oil Wells Freezing / CPC: Aiming for Profitability in 2024
Jan. 17 2024
OMNI Features｜Turkey Plans to Become EU's 3rd-Largest in Natural Gas Storage Capacity / U.S. Natural Gas Production Hits 11-Month Low Due to Oil Wells Freezing / CPC: Aiming for Profitability in 2024
According to Turkey's Daily Sabah, Turkey is planning to expand its natural gas storage infrastructure and elevate its storage capacity to become the third-largest in Europe in the coming years.
Europe's natural gas storage capacity is approximately 1 trillion cubic meters, with Germany at the top with 240 billion, followed by Italy at 160 billion. Drawing from its rich natural gas experience, Turkey aims to surpass multiple nations by reaching a storage capacity of 14.4 billion cubic meters by 2028, making it the third-largest storage nation in Europe.
