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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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NCGA and Eight Major Banks Extend CPPA Guarantees to 44 Enterprises Under the Green Energy Credit Insurance Mechanism.
Dec. 01 2023
NCGA and Eight Major Banks Extend CPPA Guarantees to 44 Enterprises Under the Green Energy Credit Insurance Mechanism.
The Ministry of Economic Affairs (MOEA) is spearheading the Green Energy Corporate Power Purchase Agreement (CPPA) Credit Insurance Mechanism, which is set to be unveiled soon. The plan involves providing credit guarantees by the eight major domestic banks for the CPPA of electricity purchasing companies. The National Credit Insurance Administration (NCGA) will further reinsure these contracts, offering a 20-year guarantee period.
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IRC MOEA Convenes Second Meeting: Approval of 6 Significant Investment Cases Including Haiding Two and Yunneng Wind Power
Nov. 29 2023
IRC MOEA Convenes Second Meeting: Approval of 6 Significant Investment Cases Including Haiding Two and Yunneng Wind Power
On November 28, 2023, the Investment Review Committee (IRC) at the Ministry of Economic Affairs (MOEA) held its second meeting, during which 6 major investment cases were reviewed, approved, and duly recorded.
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Announcement of Mechanism for Offshore Wind Zonal Development Stage 2 Auction
Nov. 23 2023
Announcement of Mechanism for Offshore Wind Zonal Development Stage 2 Auction
Since September 27, 112 (2023), the Ministry of Economic Affairs (MOEA) has conducted several sessions to elucidate the offshore wind zonal development contract (draft) and sought opinions from various sectors. The MOEA announced the "Offshore Wind Power Zonal Development Site Capacity Allocation Guidelines" today (23) for the zonal development stage 2 auction, presenting flexible approaches to ensure the timely and high-quality completion and commercialization of all future wind farm development projects.
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Iberdrola: Timely Finalization of Zonal Development Phase 2 Selection Regulations Enhances Wind Farm Planning
Nov. 20 2023
Iberdrola: Timely Finalization of Zonal Development Phase 2 Selection Regulations Enhances Wind Farm Planning
The Ministry of Economic Affairs hosted the third Taiwan Offshore Wind Power Zonal Development Phase 2 selection briefing on the 17th. Iberdrola Taiwan emphasized that, from the perspectives of international climate initiatives, trends, and the urgent demand for green energy from Taiwanese businesses, a swift establishment of regulatory frameworks by the government is advantageous. This enables developers, system providers, and suppliers to formulate the most comprehensive plans for wind farm development, encompassing construction, financial, and sustainability considerations.
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2023 BSI International Standard Summit: Focusing on Digital Trust and Sustainable Development to Empower Enterprises in Global Risk Management, Opportunities, and Resilience
Nov. 17 2023
2023 BSI International Standard Summit: Focusing on Digital Trust and Sustainable Development to Empower Enterprises in Global Risk Management, Opportunities, and Resilience
The British Standards Institution (BSI) hosted the 21st "2023 BSI International Standard Summit" on the 14th of this month. BSI experts provided insights into the latest standards and international trends set by the International Organization for Standardization (ISO), covering AI, carbon neutrality, sustainable finance, and management. The summit facilitated discussions on current global and domestic trends in cybersecurity and sustainability, sharing outstanding case studies. The event comprehensively explored the two pillars of organizational resilience: digital trust and sustainable development. Recognition was awarded to 50 outstanding domestic enterprises this year.
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Vestas and Zhongneng Offshore Wind Farm Celebrate First Fully Assembled Hub in Taiwan
Nov. 02 2023
Vestas and Zhongneng Offshore Wind Farm Celebrate First Fully Assembled Hub in Taiwan
Vestas and Zhong Neng Offshore Wind Farm are pleased to co-organize a momentous event celebrating the successful completion of the first fully assembled hub in Taiwan for offshore wind turbines. This remarkable achievement marks a significant milestone in the localization of the offshore turbine in Taiwan, and cementing the commitment to advancing Taiwan's renewable energy landscape now and in the future.
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Balanced Approach: New Green Power Strives to Create an Exemplary Model of Coexistence and Mutual Prosperity for Local Community & Industry
Oct. 24 2023
Balanced Approach: New Green Power Strives to Create an Exemplary Model of Coexistence and Mutual Prosperity for Local Community & Industry
New Green Power (NGP) stands as one of Taiwan's top three solar industry developers and is among the early entrants into the Japanese market for solar operations. Providing a comprehensive "One-Stop Service," the company offers professional integrated solutions covering the planning, design, construction, operations & maintenance, and asset management of solar energy systems, aiding clients in achieving their energy transition objectives. With a solid global recognition for service quality, New Green Power has successfully implemented over 500MW of solar projects in both Taiwan and Japan.
