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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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National Ocean Database and Sharing System (NODASS) Integrating National-Level Data for Enhanced Collaborative Insights
Sep. 22 2023
National Ocean Database and Sharing System (NODASS) Integrating National-Level Data for Enhanced Collaborative Insights
The National Ocean Database and Sharing System (NODASS) was officially launched in May last year (2022). As of September this year (2023), it has aggregated data from 30 domestic and international organizations, comprising 104 dataset sub-items. User visits to the platform continue to increase monthly.
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The Hai Long Offshore Wind Project announces the signing of a project financing agreement for a total of NT$118 billion
Sep. 22 2023
The Hai Long Offshore Wind Project announces the signing of a project financing agreement for a total of NT$118 billion
The Hai Long Offshore Wind Project (hereinafter referred to as "Hai Long") announced today, on the 22nd, that it has signed a financing agreement to secure a total 20 years project financing(non-recourse finance) of NT$118 billion. Upon the completion of this financing, this consortium loan will become the largest offshore wind project financing in Taiwan and the Asia-Pacific region to date. The signing of this financing agreement not only signifies a significant milestone for the project but also marks a new chapter in domestic green finance.
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BloombergNEF (BNEF) Collaborates with the ECCT-LCI and European Centre in Taiwan (EUTW) to Host "Taiwan Renewable Market and Corporate ESG Transition Risks & Challenges" Forum
Sep. 21 2023
BloombergNEF (BNEF) Collaborates with the ECCT-LCI and European Centre in Taiwan (EUTW) to Host "Taiwan Renewable Market and Corporate ESG Transition Risks & Challenges" Forum
BloombergNEF (Bloomberg New Energy Finance, BNEF) is teaming up with The European Chamber of Commerce Taiwan - Low Carbon Initiative (LCI) to host the "Taiwan Renewable Market and Corporate ESG Transition Risks & Challenges" forum, scheduled for October 13th.
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UK Trade Envoy visits Taiwan to strengthen bilateral trade and investment
Sep. 21 2023
UK Trade Envoy visits Taiwan to strengthen bilateral trade and investment
The UK Trade Envoy to Taiwan, Lord Faulkner of Worcester, will conduct a week-long visit to Taiwan to strengthen UK-Taiwan trade and investment relations and to deepen bilateral economic and cultural ties.
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The CPPA Insurance Mechanism is scheduled to be implemented in September
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Sep. 18 2023
The CPPA Insurance Mechanism is scheduled to be implemented in September
The CPPA (Corporate Power Purchase Agreement) Insurance Mechanism is scheduled to be implemented in September. Regarding the eligibility criteria for enterprises to purchase electricity, the National Credit Guarantee Administration (NCGA) has stated that enterprises must meet either of the following two conditions.
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Taiwan Power Company (Taipower) is about to release 50 million kWh of solar power for corporate procurement with base selling price NTD 4.8
Sep. 10 2023
Taiwan Power Company (Taipower) is about to release 50 million kWh of solar power for corporate procurement with base selling price NTD 4.8
Taiwan Power Company (Taipower) recently announced its plan to allocate 100 million kilowatt-hours (kWh) of self-generated green energy. Initially, it intends to release 50 million kWh of solar power, divided into four packages of 10,000, 50,000, 100,000, and 500,000 kWh, available for corporate procurement. The base selling price per kWh is approximately NTD 4.8 . The bidding process is expected to conclude by the end of the year, with the supply of green energy set to commence on New Year's Day 2024. This marks Taipower's inaugural foray into selling green energy.
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Formosa 2 Officially Became the First Offshore Wind Farm to Achieve Commercial Operation in Phase 2
Sep. 08 2023
Formosa 2 Officially Became the First Offshore Wind Farm to Achieve Commercial Operation in Phase 2
Formosa 2 Offshore Wind Farm announced on September 8th that it has officially become the first offshore wind farm to achieve commercial operation in Phase 2 of Taiwan's Offshore Wind Project, marking a significant milestone in Formosa 2's transition to the Operation and Maintenance (O&M) phase.
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Skyborn Renewables Announces Completion of Financial Restructuring for Yunlin Offshore Wind Farm and Accelerated Project Advancement
Sep. 05 2023
Skyborn Renewables Announces Completion of Financial Restructuring for Yunlin Offshore Wind Farm and Accelerated Project Advancement
Skyborn Renewables, in partnership with investment collaborators TotalEnergies Group, EGCO Group, and Sojitz Corporation, has successfully concluded the financial restructuring agreement for the Yunlin Offshore Wind Farm, propelling the construction efforts of the 640MW Yunlin Offshore Wind Farm into high gear.
