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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.
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SRE Signs Taiwan's Longest-Term Service Operation Vessel Contract with DFO
Aug. 08 2025
SRE Signs Taiwan's Longest-Term Service Operation Vessel Contract with DFO
Synera Renewable Energy Group (SRE Group), a pioneering offshore wind developer in the Asia-Pacific region, today announced the awarding of a 15-year service contract to Dong Fang Offshore (DFO), a dedicated, pure-play owner and operator of offshore wind farm construction and support vessels, for the provision of a service operations vessel (SOV) to support the operations and maintenance (O&M) of SRE’s fleet of assets starting with its Formosa 4 Offshore Wind Project (Formosa 4), marking the longest contract in Taiwan’s offshore wind sector to date.
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Formosatree Sets New Benchmark in Smart Grids Pioneers Low-Carbon Energy Storage Development
Aug. 08 2025
Formosatree Sets New Benchmark in Smart Grids Pioneers Low-Carbon Energy Storage Development
The Invest Taiwan Office has approved expansion investment plans from Formosatree CO. and Min-Chun Precision Co. To date, the "Three Major Programs for Investing in Taiwan" have attracted 1,680 enterprises with total investments exceeding NT$2.5464 trillion, expected to create 161,205 domestic job opportunities. Among these, the "Action Plan for Accelerated Investment by Domestic Corporations" has drawn 204 domestic enterprises to invest about NT$595 billion, creating 28,755 jobs; while the "Action Plan for Accelerated Investment by SMEs" has attracted 1,141 enterprises investing about NT$584.9 billion, creating 40,900 jobs.
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Belgian Office Taipei Honors CDWE with 2024–2025 Belgium–Taiwan Business Award for Offshore Wind Excellence
Aug. 07 2025
Belgian Office Taipei Honors CDWE with 2024–2025 Belgium–Taiwan Business Award for Offshore Wind Excellence
CSBC Corporation, Taiwan (CSBC) announced that its invested subsidiary, CSBC-DEME Wind Engineering Co., Ltd. (CDWE), has recently been recognized by the Belgian Office Taipei and awarded the 2024–2025 "Belgium–Taiwan Business Award." This award evaluates the achievements of Belgian enterprises in Taiwan over the past year, and CDWE was commended for its outstanding contributions in fostering Belgium–Taiwan business and investment cooperation, advancing offshore wind technology innovation, and promoting sustainable development.
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Fugro Wins Major Geotechnical Site Investigation Contract for Offshore Wind Project in Taiwan
Aug. 07 2025
Fugro Wins Major Geotechnical Site Investigation Contract for Offshore Wind Project in Taiwan
Fugro has been awarded a significant contract for the 700 MW Youde offshore wind farm by Shinfox Energy in Taiwan's Round 3.2 offshore wind tender. Under this contract, Fugro will deliver comprehensive geotechnical services to support the development of the Youde project, located off the west coast of Taiwan.
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OMNI Features｜No Bids in German Offshore Wind Auction for First Time
Aug. 06 2025
OMNI Features｜No Bids in German Offshore Wind Auction for First Time
Germany's latest offshore wind auction closed without any bids, the Federal Network Agency (BNetzA) confirmed, marking the first such outcome in the country's history.
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Computing Architecture Advancements Spur Power Module Innovation Murata Unveils Versatile Power Management Solutions at OCP Summit
Aug. 05 2025
Computing Architecture Advancements Spur Power Module Innovation Murata Unveils Versatile Power Management Solutions at OCP Summit
Centralized and modular designs support mainstream server architectures such as OCP and MGX, integrating optical communications and filter components to enhance power and signal stability for AI data centers.
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Fitch Assigns Taiwan Smart Electricity First-Time 'A' Global Rating and 'AA+(twn)' National Rating with Stable Outlook
Aug. 05 2025
Fitch Assigns Taiwan Smart Electricity First-Time 'A' Global Rating and 'AA+(twn)' National Rating with Stable Outlook
Fitch Ratings has assigned Taiwan Smart Electricity & Energy Co., Ltd. (TSEE) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) of 'A' and a National Long-Term Rating of 'AA+(twn)'. The Outlook is Stable for the IDRs and national rating.
