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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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OAC hosted the "APEC Workshop on Promoting Women's Participation in Ocean Science for Sustainable and Inclusive Ocean Governance"
Mar. 16 2023
OAC hosted the "APEC Workshop on Promoting Women's Participation in Ocean Science for Sustainable and Inclusive Ocean Governance"
The Ocean Affairs Council (OAC) hosted the "APEC Workshop on Promoting Women's Participation in Ocean Science for Sustainable and Inclusive Ocean Governance" in Kaohsiung on March 16-17, in order to promote and enhance the participation of women in the field of ocean science, in line with the United Nations Sustainable Development Goals (SDGs), the "Decade of Ocean Science for Sustainable Development" initiative, and the APEC 2023 theme "Creating a Resilient and Sustainable Future for All." Representatives from APEC member economies were invited to Taiwan to share and discuss issues related to enhancing regional gender awareness and creating an inclusive environment in the field of ocean science, as well as advancing toward gender equality and inclusiveness in ocean governance.
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BCCTaipei Hosts 'Women in Business Forum: Climate Action Taiwan' to Share Research on Women's Role in Climate Action
Mar. 16 2023
BCCTaipei Hosts 'Women in Business Forum: Climate Action Taiwan' to Share Research on Women's Role in Climate Action
On 16 March 2023, the British Chamber of Commerce in Taipei (BCCTaipei) held the "Women in Business Forum: Climate Action Taiwan" to present the findings of its cross-industry research on the status and role of women in climate action in Taiwan. The report identifies three key suggestions for increasing female representation: more hardline governmental legislation for businesses, i.e. tax breaks to incentivise female promotion; regulations to appoint at least one female director per organisation; and more creative means to facilitate women's entry into in-demand industries where they are underrepresented. The research also examines the wide variety of measures adopted by private organisations to tackle climate change in keeping with local policies and legislation.
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【PwC x ECCT】Seeking more precise tools for carbon footprint assessment: "Green Finance, Sustainable Business, and Corporate Power Purchase Contracts" seminar
Feb. 21 2023
【PwC x ECCT】Seeking more precise tools for carbon footprint assessment: "Green Finance, Sustainable Business, and Corporate Power Purchase Contracts" seminar
This seminar was jointly organized by PwC Taiwan and the European Chamber of Commerce Taiwan Low Carbon Initiative (ECCT LCI), which is the first season of the "Green Finance, Sustainable Business, and Corporate Power Purchase Contracts" seminar, with the theme of " Carbon measurement, reporting, and verification in corporates", inviting views from industry, government, and academia to help companies continue to move towards a low carbon path.
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CSBC expects to complete the installation of the subsea foundation by CSBC's Green Jade in the second half of this year
Feb. 20 2023
CSBC expects to complete the installation of the subsea foundation by CSBC's Green Jade in the second half of this year
CDWE was awarded a contract for the construction of foundation transportation and installation for an offshore wind farm in Changhua, as well as a priority contract for wind turbine transportation and installation in 2019. The project is expected to commence in April this year with the pre-piling of foundation piles. CSBC expects to complete the installation of the subsea foundation by CSBC's Green Jade in the second half of this year.
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Boskalis Collaborates with Local Stakeholders Towards Sustainable Development
Feb. 17 2023
Boskalis Collaborates with Local Stakeholders Towards Sustainable Development
Boskalis HwaChi Offshore Wind has assisted in completing multiple maritime engineering operations related to the subsea foundations of offshore wind farms in Taiwan.
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47 wind turbines are installed in Formosa 2 Offshore Wind Farm
Feb. 01 2023
47 wind turbines are installed in Formosa 2 Offshore Wind Farm
47 wind turbines now stand tall in the waters off Miaoli, and more than 80% of the turbines have already started generating electricity.
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The new chairperson of the Ocean Affairs Council, Bi-Ling Kuan, took the oath of office on January 31st
Jan. 31 2023
The new chairperson of the Ocean Affairs Council, Bi-Ling Kuan, took the oath of office on January 31st
The new chairperson of the Ocean Affairs Council, Bi-Ling Kuan, took the oath of office on January 31st and presided over the first meeting of the Ocean Affairs Council and the head of the affiliated organization the next day, keeping track of business progress.
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Kuosheng 2 Nuclear Power Plant Unit 2 will be officially decommissioned on March 14th
Jan. 31 2023
Kuosheng 2 Nuclear Power Plant Unit 2 will be officially decommissioned on March 14th
Kuosheng 2 Nuclear Power Plant Unit 2 will be officially decommissioned on March 14th. As a result, a base electricity output of 985MW is estimated to be lost. The Ta-Tan Power Plant Unit 8, slated to go online at the beginning of April, still requires some testing before it can support peak power usage on time. This presents a challenge for the facility.
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Changhua Flower Festival specially launched "Follow the Wind and Power Up - Parent-Child Adventure Challenge"
Jan. 29 2023
Changhua Flower Festival specially launched "Follow the Wind and Power Up - Parent-Child Adventure Challenge"
Channel Offshore Wind launched the "Follow the Wind and Power Up - Parent-Child Adventure Challenge" on January 28th at the "Changhua Flower Festoval" event.
