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Global Wind Giants Include Equinor Exit South Korea as Costs Soar and Permits Stall
Jun. 06 2026
Global Wind Giants Include Equinor Exit South Korea as Costs Soar and Permits Stall
Global offshore wind developers are increasingly scaling back or exiting South Korea as rising costs, financing challenges, and complex regulatory requirements undermine project viability. Norway's Equinor recently decided to halt its 750 MW Firefly (Bandibuli) floating offshore wind farm off Ulsan (울산 반딧불 부유식 해상풍력 발전소, 반딧불부유식해상풍력) , a project valued at approximately KRW 6 trillion and regarded as the world's largest single floating offshore wind farm.
Executive Yuan: Taiwan Classified Among Lower-Risk Economies in U.S. Section 301 Forced Labor Import Investigation
Jun. 05 2026
Executive Yuan: Taiwan Classified Among Lower-Risk Economies in U.S. Section 301 Forced Labor Import Investigation
The Ministry of Economic Affairs (MOEA) announced on June 3 that, according to the findings of the Office of the United States Trade Representative (USTR) under its Section 301 investigation concerning import prohibitions on goods produced with forced labor, Taiwan has been designated as one of 14 economies assessed as presenting a relatively lower level of risk. As a result, the USTR has proposed an additional 10% tariff on Taiwan, compared with the proposed 12.5% tariff on other economies.
Taipower's Electricity Carbon Emission Factor Drops to 0.467 kg CO₂e/kWh; MOEA Reports Progress in Energy Transition
Jun. 03 2026
Taipower's Electricity Carbon Emission Factor Drops to 0.467 kg CO₂e/kWh; MOEA Reports Progress in Energy Transition
The Energy Administration under the Ministry of Economic Affairs (MOEA) announced on June 2 that the 2025 electricity carbon emission factor for public electricity retailers has decreased to 0.467 kg CO₂e/kWh, representing a 1.5% reduction from 2024 and an overall decline of approximately 12% compared with 2016.
MOEA AI X Innovation Pavilion Opens at InnoVEX, Featuring Award-Winning AI Technologies and Emerging Startups
Jun. 02 2026
MOEA AI X Innovation Pavilion Opens at InnoVEX, Featuring Award-Winning AI Technologies and Emerging Startups
On, 2nd June, the Ministry of Economic Affairs (MOEA) Department of Industrial Technology opened the AI X Innovation Pavilion at InnoVEX, showcasing 31 cutting-edge technologies spanning smart machinery, communications, green energy, semiconductors, biotechnology, and medical devices. The exhibition features achievements from the TREE Program (Taiwan Research-Institute Advanced Technology Entrepreneur Ecosystem Program, TREE) and winners of the "2026 Best AI Awards", highlighting Taiwan's growing strength in AI innovation and cross-sector applications.
News report
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The 3.1 auction of developers is expected to complete the signing of administrative contracts by the end of June
Jun. 12 2023
The 3.1 auction of developers is expected to complete the signing of administrative contracts by the end of June
Da Tian wind farm will not sign the contract. Despite some uncertainties, the majority of the wind farms have gradually clarified their stance, leading to the finalization of the block development plan.
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President Ing-Wen Tsai attended the fourth "National Oceans Day Taiwan" event
Jun. 11 2023
President Ing-Wen Tsai attended the fourth "National Oceans Day Taiwan" event
The fourth National Oceans Day Taiwan event, which began on June 8th, is a three-day spectacular event held at the Kaohsiung Music Center. On the opening day, President Ing-Wen Tsai attended the celebration ceremony in person, along with many government officials, including Bi-Ling Kuan, Minister of the Ocean Affairs Council (OAC), and Chi-Mai Chen, Mayor of Kaohsiung City, as well as domestic and foreign dignitaries, including 14 ambassadors and representatives from embassies and representative offices in Taiwan.
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Taiya Renewable Energy (TRE) announced its collaboration with Cyan Renewables by signing a memorandum of understanding (MoU)
May. 31 2023
Taiya Renewable Energy (TRE) announced its collaboration with Cyan Renewables by signing a memorandum of understanding (MoU)
Taiya Renewable Energy announced today (31th May) its collaboration with Cyan Renewables, a well-known offshore wind vessel company based in Singapore, by signing a memorandum of understanding MoU. Taiya Renewable Energy aims to proactively deploy vessels to enhance the capacity for wind farm construction.
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Iberdrola Unveils New Brand Identity Emphasizing Sustainable Development and Innovation
May. 24 2023
Iberdrola Unveils New Brand Identity Emphasizing Sustainable Development and Innovation
Spanish electricity company, Iberdrola announced on 24th May 2023 the launch of a new logo and brand identity, aiming to underscore its dedication to sustainable development and innovation.
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wpd Completes Construction of 200th Onshore Wind Turbine in Taiwan
May. 24 2023
wpd Completes Construction of 200th Onshore Wind Turbine in Taiwan
wpd announced today that it has completed the construction of its 200th onshore wind turbine in Taiwan. The milestone turbine is located in the Chuangwei Wind Farm in Mailiao, Yunlin. The wind farm already has 13 wind turbine units, including nine 3.6MW units and four 4.2MW units, with the 200th turbine being the largest capacity 4.2MW unit currently available in Taiwan.
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K2 Management Opens New Office in Taiwan to Strengthen Renewable Energy Market Development
May. 23 2023
K2 Management Opens New Office in Taiwan to Strengthen Renewable Energy Market Development
K2 Management has opened an additional office in Taiwan, strengthening its commitment to the region's rapidly growing renewables market.
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Century Wind Power Constructs 21 Subsea Foundations for Hai Long Offshore Wind Project, commences with Grand Ceremony
May. 22 2023
Century Wind Power Constructs 21 Subsea Foundations for Hai Long Offshore Wind Project, commences with Grand Ceremony
HaiLong Offshore Wind Project and Century Wind Power Co., Ltd. Today, held the groundbreaking ceremony of 21 jacket foundations in Taipei Port District, Century Wind Power.
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Baseload Power Taiwan Collaborates with Taiwan's Geoscience Community to Advance Geothermal Energy Education and Talent Development
May. 22 2023
Baseload Power Taiwan Collaborates with Taiwan's Geoscience Community to Advance Geothermal Energy Education and Talent Development
Baseload Power Taiwan has initiated the MOU at 2023 Annual Geosciences Conference on 18th May, partnership with 8 leading institutions and universities from geoscience field.
