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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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OMNI Features｜New Zealand to Propose Classification Rules for Financial Industry to Address Climate Change．Denmark Passes Construction Waste Recycling Laws．New Taipei City Introduces Zero Carbon Demonstration Sites to Facilitate Implementation of VPP for Energy Conservation
OMNI Features｜New Zealand to Propose Classification Rules for Financial Industry to Address Climate Change．Denmark Passes Construction Waste Recycling Laws．New Taipei City Introduces Zero Carbon Demonstration Sites to Facilitate Implementation of VPP for Energy Conservation
To promote green and sustainable finance, the New Zealand government has established the specialized Inclusive Trade Action Group (ITAG), comprising experts and industry stakeholders. The objective is to provide comprehensive recommendations by June 2024 and develop a clear classification system to identify economic activities and assets that align with sustainability and low-emission transition. This initiative aims to enhance the confidence of investors, businesses, and market participants while reducing uncertainty surrounding "green" financial products.
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OMNI Features｜The Norwegian Government Establishes "Common State Aid Model" Postpones Floating Wind Tender Until 2025．South Korean Unveils 100 Trillion Won Plan to Promote Offshore Wind．Minister of Energy States Canada's Lack of Interest in Investing in LNG Facilities
Apr. 02 2024
OMNI Features｜The Norwegian Government Establishes "Common State Aid Model" Postpones Floating Wind Tender Until 2025．South Korean Unveils 100 Trillion Won Plan to Promote Offshore Wind．Minister of Energy States Canada's Lack of Interest in Investing in LNG Facilities
The award of 1.5 GW of floating wind capacity in Norway, which was planned for this year, will be held in 2025 as the Norwegian government plans to have the subsidy model in place and announced before allocating the Utsira Nord (Utsira North) offshore areas for development.
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OMNI Features｜US start-up Electra Aims for Clean Zero-Carbon Steel Production．Final Investment Decision for the Development of Vietnam Block B Gas Field．The US Announces $4 Billion in Tax Credits to Build Clean Energy Supply Chain
Apr. 01 2024
OMNI Features｜US start-up Electra Aims for Clean Zero-Carbon Steel Production．Final Investment Decision for the Development of Vietnam Block B Gas Field．The US Announces $4 Billion in Tax Credits to Build Clean Energy Supply Chain
US start-up Electra announced on Wednesday that it has commissioned its pilot plant in Colorado to produce clean metallic iron from high-impurity ores using renewable energy. In 2022, Electra raised $85m to support its plan from backers including Breakthrough Energy Ventures, the energy innovation fund of Microsoft founder Bill Gates.
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TAISE 2024 Hosts the 4th Taiwan Sustainable Investment Forum (Taiwan SIA) Introducing Additional Bond and Fund Awards
Apr. 01 2024
TAISE 2024 Hosts the 4th Taiwan Sustainable Investment Forum (Taiwan SIA) Introducing Additional Bond and Fund Awards
The Taiwan Institute for Sustainable Energy (TAISE) is gearing up for the 2024 Fourth "Taiwan Sustainable Investment Forum (Taiwan SIA), which is now open for registration. TAISE is expanding the Taiwan SIA event and introducing new awards for "Sustainable Bonds" and "Sustainable Funds" to incentivize institutions to comprehensively incorporate environmental, social, and corporate governance factors into their investment decisions.
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OMNI Features｜France Plans to Build Uranium Recycling Plant to Reduce Dependence on Russia．AU Proposes $1 Billion Fund to Expand Solar Panel Production．Taiwan Kaohsiung Implements 1,720 Smart Parking Spaces－Reducing 1.3 Tons of Carbon Emissions
Apr. 01 2024
OMNI Features｜France Plans to Build Uranium Recycling Plant to Reduce Dependence on Russia．AU Proposes $1 Billion Fund to Expand Solar Panel Production．Taiwan Kaohsiung Implements 1,720 Smart Parking Spaces－Reducing 1.3 Tons of Carbon Emissions
The French government is earnestly considering building a factory in France capable of converting and enriching recycled uranium to reduce its reliance on Russia for nuclear fuel processing. Currently, only one factory globally can convert recycled uranium into fuel for nuclear power plants, and it is located in Russia. Despite the ongoing Russo-Ukrainian War entering its third year, the French state-owned electricity group has yet to halt its uranium trading plans with Russia.
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AtoZero Asia – Driving Asia's Net Zero Energy Transition at the Region's Premier Industry-led Platform
Mar. 29 2024
AtoZero Asia – Driving Asia's Net Zero Energy Transition at the Region's Premier Industry-led Platform
Anchored in Singapore, the summit and exhibition will facilitate impactful leadership dialogues, investments, and innovations at Marina Bay Sands, Singapore from 16 – 18 April 2024.
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OMNI Features｜Australia Initiates Solar Sunshot Project with $1 Billion Investment．BNEF: Global Wind Power Additions Reach Record High．Exxon and Jera Sign Agreement to Sell Low-Carbon Fuel "Ammonia" and Advocate for Tax Credits on Hydrogen Energy
Mar. 29 2024
OMNI Features｜Australia Initiates Solar Sunshot Project with $1 Billion Investment．BNEF: Global Wind Power Additions Reach Record High．Exxon and Jera Sign Agreement to Sell Low-Carbon Fuel "Ammonia" and Advocate for Tax Credits on Hydrogen Energy
The Australian Renewable Energy Agency (ARENA) has welcomed $1 billion in new funding and announced the establishment of the Solar Sunshot program to grow solar PV manufacturing in Australia.
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KMT Proposes Requiring Legislative Yuan Approval Before Implementing Resolutions of MOEA Electricity Price and Rate Review Council
Mar. 28 2024
KMT Proposes Requiring Legislative Yuan Approval Before Implementing Resolutions of MOEA Electricity Price and Rate Review Council
The KMT proposed yesterday (27th) that, given electricity's fundamental role in sustaining livelihoods, fluctuations in electricity prices significantly impact Taiwan's consumer price index and national disposable income. Historically, adjustments to electricity prices have been determined by the Electricity Price and Rate Review Council of MOEA, with resolutions implemented without oversight from the highest public opinion body. This lack of supervision may potentially facilitate administrative power abuse. To address this concern and reflect public will, a draft amendment to Article 49 of the The Electricity Act has been formulated. It stipulates that resolutions from the Electricity Price Review Committee must garner approval from the Legislative Yuan before enactment.
