Latest News
Latest News
Featured news
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
-
OMNI Features｜BlackRock Withdraws from Net Zero Asset Managers Initiative (NZAMI)．Egypt Secures Financing for 1.1 GW Wind Farm Project Led by ACWA Power and HAU Energy．Singapore-based PaxOcean Clinches Deal with Penta-Ocean Construction for New Cable Laying Vessel
Jan. 10 2025
OMNI Features｜BlackRock Withdraws from Net Zero Asset Managers Initiative (NZAMI)．Egypt Secures Financing for 1.1 GW Wind Farm Project Led by ACWA Power and HAU Energy．Singapore-based PaxOcean Clinches Deal with Penta-Ocean Construction for New Cable Laying Vessel
BlackRock, the world's largest asset manager, has withdrawn from the Net Zero Asset Managers Initiative (NZAMI), a coalition committed to achieving net-zero emissions by 2050. This move, driven by political and legal pressures from conservative lawmakers and states like Texas, reflects growing scrutiny of environmental, social, and governance (ESG) initiatives. Critics argue that such commitments could restrict investments in fossil fuels, potentially reducing returns.
-
OMNI Features｜European Commission Greenlights Sumitomo's Stake in EEW Offshore Wind EU．Renewables Hit 60% in German Power Mix．BOEM Calls for Input for Offshore Wind Energy Leasing in Guam
Jan. 09 2025
OMNI Features｜European Commission Greenlights Sumitomo's Stake in EEW Offshore Wind EU．Renewables Hit 60% in German Power Mix．BOEM Calls for Input for Offshore Wind Energy Leasing in Guam
The European Commission has approved the acquisition of joint control of EEW Offshore Wind EU by EEW Holding and Sumitomo Corporation, focusing on manufacturing large steel tubes for offshore wind farms. EEW Holding retains a 55% stake, while Sumitomo acquires 45%.
-
OMNI Features｜Half of Companies Didn't Bid in the Third Round of Japan's Offshore Wind Auction ．Estonian-Finnish Undersea Power Link Estlink 2 Down Again Due to Fault．Vestas Wins Order for Japan's 315 MW Oga Katagami Akita Offshore Green Energy Project
Jan. 03 2025
OMNI Features｜Half of Companies Didn't Bid in the Third Round of Japan's Offshore Wind Auction ．Estonian-Finnish Undersea Power Link Estlink 2 Down Again Due to Fault．Vestas Wins Order for Japan's 315 MW Oga Katagami Akita Offshore Green Energy Project
Japan's third offshore wind bidding round, announced by the Ministry of Economy, Trade, and Industry and the Ministry of Land, Infrastructure, Transport, and Tourism, saw limited participation despite prior environmental assessments by over 15 companies. Challenges such as worsening profitability, inflation, labor shortages, and rising material costs—exacerbated by the yen's depreciation—mirror similar issues faced in Europe.
-
OMNI Features｜Sumitomo Completes 27-kilometer Subsea Interconnector in the Philippines．JERA to Lead the 615 MW Offshore Wind Project Announced in Aomori Prefecture．Kansai Electric Power Joins Iberdrola's Windanker Offshore Wind Project
Dec. 25 2024
OMNI Features｜Sumitomo Completes 27-kilometer Subsea Interconnector in the Philippines．JERA to Lead the 615 MW Offshore Wind Project Announced in Aomori Prefecture．Kansai Electric Power Joins Iberdrola's Windanker Offshore Wind Project
Japan-based #SumitomoElectricIndustries has completed a 27-kilometer high-voltage submarine power cable project in the #Philippines, connecting #Cebu and #Bohol islands. The 230 kV AC submarine cable, with a 1,200 MW capacity, addresses Bohol Island's increasing power demands due to surging tourism and enhances the region's power grid reliability. The project, commissioned by the National Grid Corporation of the Philippines (NGCP) , was successfully completed on schedule despite challenging deep-sea conditions.
-
HD Renewable Energy Collaborates with Australia's ZEN Energy to Establish an Asset Platform Targeting a Capacity of 1.4 GW
Dec. 24 2024
HD Renewable Energy Collaborates with Australia's ZEN Energy to Establish an Asset Platform Targeting a Capacity of 1.4 GW
S__5677090.jpg (321 KB)
Global smart energy company HD Renewable Energy, after acquiring a 9.7% equity stake in Australian energy company ZEN Energy in November, has continued to strengthen its collaborative efforts. On the 23rd, HD Renewable Energy convened its board of directors and resolved to jointly establish a green energy investment and asset management platform, "ZEBRE," with the ZEN Energy Group. The platform aims for a total investment capacity of 1.4 GW and will acquire the assets of the Solar River Project, a large-scale solar and energy storage site in South Australia, through this initiative.
-
OMNI Features｜Stream Data Centers Explores Offshore Wind and Natural Gas Integration．Tesla Supercharger Network Hit a Record for Single-day Consumption．27 Offshore Wind and Marine Energy Projects Get USD 18 Million Boost from US
Dec. 20 2024
OMNI Features｜Stream Data Centers Explores Offshore Wind and Natural Gas Integration．Tesla Supercharger Network Hit a Record for Single-day Consumption．27 Offshore Wind and Marine Energy Projects Get USD 18 Million Boost from US
Stream Data Centers, a subsidiary of Stream Realty Partners, operates data centers across the U.S. and emphasizes renewable energy in its operations. The company seeks to implement distributed energy resource (DER) strategies, blending onsite natural gas generation and energy storage systems to enhance grid resilience. While natural gas is often promoted as a cleaner fossil fuel alternative, it still produces more emissions compared to renewable sources like offshore wind power.
-
Accelerating Floating Offshore Wind Development in Taiwan: A Strategic Proposal for Feed-in Tariff Reforms
Dec. 19 2024
Accelerating Floating Offshore Wind Development in Taiwan: A Strategic Proposal for Feed-in Tariff Reforms
The Ministry of Economic Affairs recently announced a draft for the "Feed-in Tariffs and the Calculation Formula for the Electricity Generated by Renewable Energy Power Generation Equipment" for the upcoming year (2024). Yesterday (18th), a public hearing on this matter was held. As Taiwan's sole Dutch wind power developer, IX Renewables, recognizing Taiwan's 2050 net-zero carbon emissions target and the nascent stage of floating offshore wind development, proposed during the hearing that the authorities establish a dedicated feed-in tariff (FIT) for floating offshore wind projects. They also advocated for the implementation of a phased tariff adjustment mechanism to anchor the domestic floating offshore wind industry, thereby indirectly advancing the local supply chain.
