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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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Hai Long Offshore Wind Project Announces Official Launch of Offshore Construction
Apr. 11 2024
Hai Long Offshore Wind Project Announces Official Launch of Offshore Construction
The Hai Long Offshore Wind Project (hereinafter referred to as the Hai Long Project) held a groundbreaking ceremony today (11th), announcing the official launch of offshore construction. The Hai Long Project has obtained all relevant permits, and important wind farm components are steadily arriving at the main command port. Taiwan's first locally built offshore wind turbine installation vessel, the "Green Jade," will carry out the first phase of construction in the waters off Changhua.
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Taiya Renewable Energy Withdraws from Taiwan 3.2 Offshore Wind Zonal Development Auction
Apr. 09 2024
Taiya Renewable Energy Withdraws from Taiwan 3.2 Offshore Wind Zonal Development Auction
Taiya Renewable Energy (TRE) has decided not to participate in Taiwan's 3.2 offshore wind zonal development auction after careful evaluation.
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OMNI Features｜Thailand Drafts Legislation to Reduce Carbon Emissions．EU and Australia Reaffirm Commitment to Implementing Paris Agreement．First "Tri-Green Greenhouse" in Taiwan Inaugurated in Promoting Sustainable Pasture Industry
Apr. 09 2024
OMNI Features｜Thailand Drafts Legislation to Reduce Carbon Emissions．EU and Australia Reaffirm Commitment to Implementing Paris Agreement．First "Tri-Green Greenhouse" in Taiwan Inaugurated in Promoting Sustainable Pasture Industry
The Thai government is set to introduce a draft law aimed at reducing carbon emissions, with plans for implementation by the end of this year. The goal is to achieve carbon neutrality by 2050 and net-zero emissions by 2065. The proposed legislation includes measures such as carbon credit trading, carbon tax, and a domestic carbon emissions trading system, with businesses required to comply with the regulations.
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OMNI Features｜Southeast Asia's First 49 MW Floating Hybrid BESS Begins Operation．Natura 2000 Permit Granted to Aurora OWF by OX2 and Ingka Investments
Apr. 09 2024
OMNI Features｜Southeast Asia's First 49 MW Floating Hybrid BESS Begins Operation．Natura 2000 Permit Granted to Aurora OWF by OX2 and Ingka Investments
Aboitiz Power, a major power company in the Philippines, commenced construction of the floating Battery Energy Storage System (BESS) project in Maco, Davao de Oro in March 2023. The project, with a capacity of 49 MW, is Southeast Asia's first floating energy storage system installed on an offshore barge and marks Aboitiz Power's inaugural energy storage system project. Named the "Hybrid BESS," the project is situated near the fuel-fired power plant (100 MW) operated by its wholly-owned subsidiary, Therma Marine, Inc. (TMI).
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OMNI Features｜EDF and Fred Olsen Seawind Slash Turbine Numbers for Codling Wind Park．Scotland's £16 Billion Wind Energy Set to Go to Waste．Chinese OEM Mingyang's Scottish Offshore Wind Turbine Factory Plan Named 'Priority'
Apr. 08 2024
OMNI Features｜EDF and Fred Olsen Seawind Slash Turbine Numbers for Codling Wind Park．Scotland's £16 Billion Wind Energy Set to Go to Waste．Chinese OEM Mingyang's Scottish Offshore Wind Turbine Factory Plan Named 'Priority'
EDF Renewables and Fred Olsen have decided to reduce the number of turbines at Ireland's largest planned offshore wind farm – their 1.3GW Codling Wind Park – while maintaining its planned capacity. The developers confirmed the latest 25% reduction in the number of turbines – from a maximum of 100 to 60-75.
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GE Vernova Completes Spin-off and Begins Trading on the New York Stock Exchange
Apr. 03 2024
GE Vernova Completes Spin-off and Begins Trading on the New York Stock Exchange
GE Vernova announced today that its spin-off from GE is complete and it will begin trading as an independent company on the New York Stock Exchange (NYSE) under the ticker symbol "GEV," effective at the market opening today. In a first for the NYSE, GE Vernova and GE Aerospace, which also launches as an independent company today, will ring the opening bell together at 9:30 AM ET.
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TOWIA Supports Reasonable Electricity Price Adjustment for Taiwan Offshore Wind Enters Zero Subsidy
Apr. 03 2024
TOWIA Supports Reasonable Electricity Price Adjustment for Taiwan Offshore Wind Enters Zero Subsidy
The Taiwan Offshore Wind Industry Association (TOWIA) responded to the recent announcement of Taipower's policy to raise residential and industrial electricity prices, stating that Taiwan's electricity prices have long failed to reflect actual costs. With international fuel prices rising recently, Taipower's finances have been heavily impacted. TOWIA supports reasonable electricity price adjustments, advocating for electricity users to moderately share the internal costs such as generation, transmission, and distribution as external costs like environmental impacts, aiding in the overall decarbonization process of industries and society.
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Taipower Set Up Response Center To Closely Grasp The Power Supply Status After The Earthquake
Apr. 03 2024
Taipower Set Up Response Center To Closely Grasp The Power Supply Status After The Earthquake
Following the earthquake with a magnitude of 7.2 on the Richter scale that occurred at 7:58 a.m. today (April 3rd, 2024), Taipower promptly established a response center to swiftly assess the condition of the power grid. As of 11:30 a.m. today, reports indicate a total of 354,534 power outages across Taiwan. Subsequently, restoration efforts have successfully reinstated power to over 90 percent of affected households, approximately totaling 342,968 residences. However, approximately 11,566 households remain without power at present.
