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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
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.
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DNV To Support Taiwan Equipment Manufacturer Intercontinental Wind Energy's (IWE) Offshore Wind Diversification
Sep. 05 2023
DNV To Support Taiwan Equipment Manufacturer Intercontinental Wind Energy's (IWE) Offshore Wind Diversification
DNV, the independent energy expert and assurance provider, will provide Quality Assurance, Quality Control and related technical support to Intercontinental Wind Energy Co., Ltd. (IWE) on Taiwan, which is diversifying into turbine jacket fabrication for offshore wind.
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Launch of Offshore Wind Power Industry Talent and Technology Development Project Press Conference
Sep. 05 2023
Launch of Offshore Wind Power Industry Talent and Technology Development Project Press Conference
Taiwan's offshore wind power industry has grown to a total value exceeding 1.5 trillion NT dollars, spurring the rapid development of related supply chain industries and a demand for tens of thousands of professionals in the offshore wind energy sector. The National Taiwan University (NTU), hosted a launch press conference today (9/5) at Yunlin Branch, National Taiwan University's Agriculture Incubation and Extension Center. This conference marks the initiation of the "Offshore Wind Power Industry Talent and Technology Development Project" bringing together five technological universities and corporate entities.
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Vena Energy Taiwan Ventures into Offshore Wind Power, Set to Participate Phase 3 Offshore Wind Zonal Development 2nd Stage Selection
Sep. 04 2023
Vena Energy Taiwan Ventures into Offshore Wind Power, Set to Participate Phase 3 Offshore Wind Zonal Development 2nd Stage Selection
Vena Energy Taiwan is expanding its presence in the offshore wind energy sector by entering the second stage selection of Phase 3 Offshore Wind Zonal Development with the "Wei-Long" and "Wei-Na" wind farms. Since joining the Taiwanese market in 2015, Vena Energy has undertaken robust development, construction, and operation of seven solar facilities. Among them, the Yunlin Offshore Industrial Zone, spanning 226 hectares and equivalent to eight Da'an Forest Parks, was inaugurated on April 22, 2023, on Earth Day by President Ing-Wen Tsai. This facility has consistently contributed to Taiwan's green energy landscape.